Echotitbits – Nigeria News

Tag: Benin

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

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

    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.

    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

  • Tinubu urges tougher ECOWAS collective action as coups and insecurity spread

    Tinubu urges tougher ECOWAS collective action as coups and insecurity spread

    2025-12-15 08:00:00

    According to The Punch, President Bola Tinubu called on ECOWAS leaders to strengthen unity and collective responses to military coups and regional instability at the bloc’s 68th ordinary session in Abuja.

    Punch reports discussions referenced recent attempted and successful power grabs and the need to operationalise stronger preventive measures, including coordination on intelligence and border management.

    The report situates the push within wider debates about how ECOWAS balances sanctions, diplomacy and security deployments.

    Analysis/Echotitbits take: ECOWAS credibility now hinges on consistent enforcement and funding for its security architecture. Watch for concrete decisions on standby-force financing, timelines for deployments, and how the bloc handles Guinea‑Bissau and other flashpoints.

    Source: The Punch — December 14, 2025

    The Punch https://punchng.com/tinubu-urges-ecowas-unity-to-resist-coups-ensure-regional-stability/ December 14, 2025