Togo, Benin, Niger owe Nigeria N30B in electricity bills

Togo, Benin, Niger owe Nigeria N30B in electricity bills

Nigeria’s neighbours, the Republics of Togo, Niger and Benin owe the country a total of N29.97bn for the electricity supplied to them from January to September last year, according to the Nigerian Electricity Regulatory Commission.

Nigeria, through its electricity transmission company, supplies power to these countries, which are classified as international customers in the Nigerian power sector.

A breakdown of the debt showed that Niger’s power firm, Societe Nigerienne d’electricite, failed to pay a total invoice of N3.01bn it received in the first quarter of 2019; N3.69bn in Q2; and N4.1bn in Q3.

Electrique du Benin, a power firm owned by Togo and Benin, did not pay N9.74bn for the power supplied to it in Q1; N7.16bn in Q2; and N2.27bn in Q3.

NERC said in its latest quarterly report released on Friday that the international customers made no payment for the total outstanding debt in Q3. “The Nigerian government has continued to engage the governments of neighbouring countries benefitting from the export supply to ensure timely payments for the electricity purchased from Nigeria,” it said.

The regulator said the financial viability and commercial performance of the Nigerian electricity supply industry continued to be a major challenge.
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