Togo, Niger, and Benin Republic did not pay their N32.04 billion bills for the electricity Nigeria supplied to them in 2019, the NERC said.
Togo, Niger, and Benin Republic did not pay their N32.04 billion bills for the electricity Nigeria supplied to them in 2019, the Nigerian Electricity Regulatory Commission said.
Niger’s power firm, Societe Nigerienne electricity, failed to pay a total invoice of N3.01 billion it received in the first quarter of 2019; N3.69 billion in the second quarter, N4.1 billion in the third quarter and N2.07 in the fourth quarter. The NERC quarterly report analyses the state of the Nigerian electricity industry , regulatory functions, consumer affairs as well as the commission’s finances and staff development.
Like its last report, the commission laments that the financial viability of the Nigerian Electricity Supply Industry is still a major challenge threatening its sustainability.
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