Thursday, July 5, 2012

E-X-P-O-S-E-D! Illegal electricity tapping increasing among the rich – PHCN

The number of wealthy Nigerians illegally tapping electricity from the facilities of the Power Holding Company of Nigeria is rising following the take-off of the
new tariff regime under the Multi-Year-Order-Tariff-2.
These citizens, who live in highbrow areas, our correspondent learnt, usually connect their air-conditioners and other high electricity consuming appliances directly to the public power mains, while only connecting low-voltage gadgets to their meters.
A high number of the people involved in this sharp practice, it was discovered, use prepaid meters.
A source at PHCN, who would not want to be identified, told our correspondent that over 70 per cent of the electricity consumed by these rich citizens was not being paid for.
The source told our correspondent that the development was a huge threat to the revenue generating programme of PHCN.

Culled- Punch

...What do you think...????

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