Benin, Togo Owe Nigeria $5.79m For Electricity Supplied In Q2 2024

Benin, Togo Owe Nigeria $5.79m For Electricity Supplied In Q2 2024 …C0NTINUE READING HERE >>>

The Nigerian Electricity Regulatory Commission (NERC) has revealed that international bilateral electricity customers in Benin Republic and Togo owe Nigeria a total of $5.79m for the energy consumed between April and June, 2024.

The NERC revealed this in its latest second-quarter 2024 report stating that out of the $15.60m invoice issued by the market operator between April and June, the international customers remitted $9.81m.

The foreign companies off-taking power from Nigeria are Para-SBEE in Benin Republic ($1.23m), Transcorp-SBEE in Benin, Mainstream-NIGELEC in Togo ($1.09m), and…

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