Electricity Thieves To Face Jail Terms – AEDC -Legit.ng

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AEDC has said that electricity thieves across the FCT would face a jail term. Ernest Mupwaya, managing director of AEDC, appealed to power users to avoid tampering with meters or engaging in other related offences as anyone caught perpetrating such acts could face stiff punishment and jail sentences after prosecution.

Mupwaya while commenting on the recent decision of the Chief Judge of the high court of the FCT to designate certain judges to handle electricity-related matters urged residents to desist from engaging in any form of electricity offence.

 

“We are privileged to know that the Chief Judge of the FCT High Court, Justice Ishaq Bello, has designated two High Court judges and five magistrates within the territory to handle electricity-related matters. This, we understand, is with a view to speeding up the process of dispensation of justice.

“With this development, it is important for us to advise our customers to desist from committing any act that will make them fall on the wrong side of the law. In the past, people believe that they can always get away with whatever they do because the process of justice dispensation was slow.

 

 

Massive investment crucial to off-grid development -Stakeholders-Vanguard

Stakeholders in Nigeria’s power sector have harped on the need for massive financial investment into the off-grid market to improve the availability of power to rural communities, thus reducing dependence on the national grid.

Making the call at the 16th edition of the Delegation of German Industry and Commerce Seminar series on Renewable Energy Potentials in Nigeria, Deputy Delegate, Delegation of German Industry and Commerce (AHK Nigeria), Duke Benjamin, said: “Given the prevalent opportunities cum challenges currently rocking the Nigerian energy sector, access to finance either import and debt financing or impact capital in the form of convertible loans and / or equity – remains a crucial factor for enhancing energy access across the country.”

The Executive Director of Rural Electrification Fund (REF), Dr Sanusi Ohiare stated that industry players should take advantage of the Energizing Economies Initiative (EEI) – an initiative of the Federal Government of Nigeria being implemented by the Rural Electrification Agency.

“The AfDB offers various financial products that Nigerian and German developers could leverage for expansion among which includes a $100-million blended finance debt fund that is designed to provide loans in local and foreign currencies to off-grid energy companies.”

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