The Nigerian Electricity Regulatory Commission (NERC) says international customers owe Nigeria $5.79 million for electricity supply in the second quarter (Q2) of 2024.
October 13, 2024 3:23 pm) says international customers owe $5.79 million for electricity supply in the second quarter of 2024.of N1626.32/$ as of October 10.
The firms are Paras-SBEE and Transcorp-SBEE both from the Benin Republic; Mainstream-NIGELEC from Niger; and Odukpani-CEET from Togo. The electricity regulator also said domestic bilateral consumers failed to remit N695.4 million out of N1.99 billion in the same quarter. international bilateral customers serviced by the MO made a cumulative payment of $9.81 million against the $15.60 million invoice issued to them by the MO for services rendered in 2024/Q2,” the report reads.
The NERC said some bilateral customers made payments in Q2 2024 for outstanding MO invoices from previous quarters.
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