🇳🇬NigeriaWest Africa
Benin, Togo, and Niger owe Nigeria $9.55 million for electricity supplied in late 2025
via Punch Nigeria9 hours ago3 min read
Benin, Togo, and Niger collectively owe Nigeria $9.55 million for electricity supplied in the fourth quarter of 2025. The Nigerian Electricity Regulatory Commission's report for that period indicates that a total invoice of $20.44 million was issued to these international bilateral customers. However, only $10.89 million was paid, resulting in a remittance performance of 53.28 percent. This means that for every $100 billed, only $53.28 was remitted. The debtors include Société Béninoise d’Energie Electrique in Benin, Compagnie Energie Electrique du Togo in Togo, and Société Nigerienne d’Electricite in Niger. While some entities made reasonable payments, such as Transcorp-SBEE Afam 3 in Benin paying 82.31 percent of its invoice, others like Odukpani-CEET in Togo made no remittance at all. In contrast, domestic bilateral customers within Nigeria demonstrated a stronger payment discipline, remitting 84.23 percent of their invoices. The Ajaokuta Steel Company, a special customer, was invoiced N1.26 billion but made no payment during this period. The report also noted that Société Béninoise d’Energie Electrique and APLE made payments for outstanding invoices from previous quarters. This highlights Nigeria's ongoing challenge in collecting payments for exported electricity, despite its own power supply issues.
Stay in the loop
Get the pulse of Africa in your inbox
Free daily or weekly digest of the most important stories from across 10 countries. No spam, unsubscribe any time.
#nigeria#NigeriaNews#nigeriansindiaspora#abujanigeria#lagos
Original source
This summary was AI-generated from a story originally published by Punch Nigeria.
