31.3 C
Lagos
Monday, January 26, 2026
Header1
Home Business NERC Says Togo, Niger and Benin Owe Nigeria ₦25bn for Electricity Supply

NERC Says Togo, Niger and Benin Owe Nigeria ₦25bn for Electricity Supply

0
15
Article1

As disclosed by The Punch, the Nigerian Electricity Regulatory Commission (NERC) said Togo, Niger and Benin Republic owe about ₦25 billion for power supplied under regional agreements.

The rising arrears have renewed debate about exporting electricity on credit while Nigeria faces domestic supply constraints and tariff pressures.

Inline1

NERC said discussions are ongoing on payment plans, warning that persistent non-payment could affect supply volumes.

**Echotitbits take:** Recovering these debts matters for sector liquidity and stability. Watch for tougher contract terms—especially pre-payment structures—and clearer alignment between regional commitments and domestic power needs.
Source: The Punch — https://www.google.com/amp/s/punchng.com/power-gencos-invoices-fall-n80-56bn-on-weak-demand/ 2026-01-08

Photo Credit: The Punch

Adbottom1