Togo, Benin owe Nigeria $14m for electricity – FG
Togo, Benin owe Nigeria $14m for electricity – FG According to information released by the Nigerian Electricity Regulatory Commission, the market operator's cumulative invoice for services rendered in the first quarter of 2024 totaling $14.19 million was not paid by any of the four international bilateral customers that the power generation companies in Nigeria supplied. This was disclosed in a NERC report. Nigeria supplies power to its neighboring nations, such as Niger, Togo, and Benin. Start an Oil and Gas business in Nigeria with Oil Companies in USA International clients of Nigeria's electricity supply sector include Mainstream-NIGELEC in Togo ($1.21 million), Para-SBEE in Benin Republic ($3.15 million), Transcorp-SBEE in Benin Republic ($4.46 million), and Odukpani-CEET in Togo ($5.36 million). None of the four foreign clients paid for the electricity that was exported to them, according to the NERC investigation. According to the report, "In 2024/Q1, none of the ...