Togo, Benin owe Nigeria $5.79m electricity debt in Q2 – NERC …C0NTINUE READING HERE >>>
Togo, Benin international bilateral electricity customers owed Nigeria a total sum of $5.79 million as electricity debt in the second quarter of 2024.
The Nigerian Electricity Regulatory Commission disclosed this in their latest second-quarter 2024.
According to NERC’s data, out of the $15.60m invoice issued by the market operator between April and June 2024, the international customers remitted only $9.81 million to the country.
This comes as the foreign companies off-taking power from Nigeria are Para-SBEE in Benin Republic ($1.23m), Transcorp-SBEE in Benin, Mainstream-NIGELEC in…
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