Benin, Togo and Niger Republics have failed to pay over 132.2 billion naira worth of electricity bills supplied to them by Nigeria from 2018 to the first quarter of 2023.
The Nigerian Electricity Regulatory Commission, NERC, in quarterly reports, indicated that the amount owed is from the 180.8 billion naira billed to the customers, from which they paid 48.57 billion naira.
The report said Benin Republic topped debtors list with a bill of 72.1 billion naira, followed by Niger Republic with 31.3 billion naira, and Togo with 10.03 billion naira.
Also, the Managing Director of Transmission Company of Nigeria, TCN, Sule Abdulaziz, said the exportation of electricity was due to a country-to-country arrangement that was supposed to generate foreign exchange into the country.
On his part, the Managing Director of the Nigerian Bulk Electricity Trading, NBET, Nnaemeka Ewelukwa, stressed that Nigeria would be in severe trouble if Niger is allowed to dam the river upstream.