National Economy
Sunday, August 31, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home News

‘Incessant Vandalism Of Assets Dampen Operations’

by `
8 months ago
in News
Reading Time: 2 mins read
Vandalism
Share on FacebookShare on TwitterShare on Telegram

You May Like

Police Arrest Suspected Cult Kingpin, 3 Vandals In Akwa Ibom Raids

Mixed Reactions Trail Federal Govt’s Passport Fee Hike

The incessant increase in the rate of vandalism of our installations across Lagos State in the year 2024, resulted in service disruptions to some of our esteemed customers, Ikeja Electric cried out.
The head of corporate communications at Ikeja Electric Plc, Kingsley Okotie, expressed concern during a stakeholder engagement held recently, highlighting that the rise in vandalism of the company’s assets especially in Epe community and it’s environs is not only alarming but more worrisome.
He said the action of the vandals is depriving law-abiding citizens and legitimate customers access to reliable power supply with its attendant impact on the socio-economic activities of businesses and livelihoods.
The IE spokesman referred to an incidence at Ikorodu, precisely on Saturday, 14th September 2024, where the company’s Ariel Bundle Cable (ABC) which is an integral part of the newly introduced Intelligence Data Box (IDB) technology solution for pre-paid meters was vandalised. The cable was cut and the insulation of the ABC got damaged, while a new service wire was illegally connected to steal electricity into an apartment in Jubilee Estate, Odogunyan, Ikorodu, Lagos State.
Following a thorough investigation, the Nigerian Security and Civil Defence Corps (NSCDC) arrested and later arraigned Akintola Monsurat Olayinka & Obigbo Moses (the Defendants) at the Federal High Court, Ikoyi, Lagos on 11th December 2024 and were charged on a two-count charge of conspiracy to commit an offence by unlawfully tampering with, damaging and meddling with an Ariel Bundle Cable, property of Ikeja Electric Plc by cutting it in order to steal energy and unlawfully tampering, damaging and meddling with Ariel Bundle Cable contrary to Section 3(6) of the Miscellaneous Offences Act Cap M17 Laws of the Federation of Nigeria 2004 and punishable under Section 1 (10) of the Miscellaneous Offences Act, Laws of the Federal Republic of Nigeria 2004, and the case was adjourned to the 28th of January 2025 for trial.
Okotie appealed passionately to members of the public, community groups, traditional institutions and security operatives to deliberately assist Ikeja Electric in the fight against vandalism and energy theft by exposing their hideouts within their respective communities as well as intensify efforts in protecting the company’s assets, as the unchecked activities of the vandals will continue to foist unpleasant situations of power outage and disruptions of economic activities within the larger society.

“The need to collaborate and partner with security agencies and other critical stakeholders in stemming this unfortunate tide cannot be overemphasised. We are losing a lot of resources to these infractions both in replacing the stolen and/or damaged items and the revenue that would have accrued if the supply wasn’t interrupted. We encourage use of our independent channels of communications that enables the public to report the activities of these vandals and energy thieves, anywhere without compromising the safety of the whistleblower,” he said.

He urged customers to take advantage of the whistleblowing platform to report energy theft or vandalism using;

Tags: Vandalism
ShareTweetShare
Previous Post

NACCIMA Urges Economic Reforms To Sustain MSMEs, Others

Next Post

Governor Umo, Others Get LEADERSHIP Awards

ANOTHER GOOD READ

Manager, 2 Others Nabbed For Alleged Theft, Vandalism At Abia Firm
News

Police Arrest Suspected Cult Kingpin, 3 Vandals In Akwa Ibom Raids

2 days ago
Mixed Reactions Trail Federal Govt’s Passport Fee Hike
News

Mixed Reactions Trail Federal Govt’s Passport Fee Hike

2 days ago
Oyo Gov’t Denies False Pensioner Verification Notice
News

Oyo Gov’t Tackles APC Over N300bn ‘Fresh’ Loan Claim

2 days ago
Global Airlines Group Pushes To Raise Pilot Retirement Age To 67
Aviation

Global Airlines Group Pushes To Raise Pilot Retirement Age To 67

3 days ago
Dangote Hails Tinubu Over NNPCL Leadership Choice
News

Dangote Signs $2.5bn Deal To Build Fertiliser Plant In Ethiopia

3 days ago
FG To Boost Agro-Value Chain For Women Farmers
News

FG To Boost Agro-Value Chain For Women Farmers

4 days ago
Next Post
Governor Umo, Others Get LEADERSHIP Awards

Governor Umo, Others Get LEADERSHIP Awards

Most Recent

Federal Gov’t Approves ₦142bn For Bus Terminals In 6 Geopolitical Zones

Federal Gov’t Unveils Boards Of South, West, North Dev’t Commissions

August 29, 2025
Manager, 2 Others Nabbed For Alleged Theft, Vandalism At Abia Firm

Police Arrest Suspected Cult Kingpin, 3 Vandals In Akwa Ibom Raids

August 29, 2025
‘How I Became Bank Manager At 27’ — Tony Elumelu

‘How I Became Bank Manager At 27’ — Tony Elumelu

August 29, 2025
Mixed Reactions Trail Federal Govt’s Passport Fee Hike

Mixed Reactions Trail Federal Govt’s Passport Fee Hike

August 29, 2025
Oyo Gov’t Denies False Pensioner Verification Notice

Oyo Gov’t Tackles APC Over N300bn ‘Fresh’ Loan Claim

August 29, 2025
US Says Nigeria’s N70,000 Minimum Wage Below Poverty Income Level

Passport Now Costs More Than Minimum Wage’, Obi Slams Federal Gov’t Over Fees Hike

August 29, 2025
Global Airlines Group Pushes To Raise Pilot Retirement Age To 67

Global Airlines Group Pushes To Raise Pilot Retirement Age To 67

August 28, 2025
Dangote Hails Tinubu Over NNPCL Leadership Choice

Dangote Signs $2.5bn Deal To Build Fertiliser Plant In Ethiopia

August 28, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy