Togo, Benin, Niger owe Nigeria 30 billion Naira in electricity bills – NERC

Togo, Benin, Niger owe Nigeria 30 billion Naira in electricity bills – NERC


As per Nigerian Electricity Regulatory Commission (NERC), The Republic of Togo, Niger and Benin owes the nation a sum of 29.97 billion naira for the power provided to them for the time of 9 months (Jan – Sep,2019).

Nigeria, through its power transmission organization, supplies capacity to these nations, which are named worldwide clients in the Nigerian force division.

A breakdown of the obligation demonstrated that Niger's capacity firm, Societe Nigerienne d'electricite, neglected to pay an absolute receipt of 3.01 billion naira it got in the main quarter of 2019; 3.69 billion naira in Q2; and 4.1 billion naira in Q3.

Communaute Electrique du Benin, a force firm claimed by Togo and Benin, didn't pay 9.74 billion naira for the force provided to it in Q1; 7.16 billion naira in Q2; and 2.27 billion naira in Q3.

NERC said in its most recent quarterly report discharged on Friday that the universal clients made no installment for the all out exceptional obligation in Q3.

"The Nigerian government has kept on drawing in the legislatures of neighboring nations profiting by the fare supply to guarantee opportune installments for the power bought from Nigeria", it said.

The controller said the monetary suitability and business execution of the Nigerian power supply industry kept on being a significant test.

Post a Comment

Previous Post Next Post

Search