Nigeria may be forced to cut off power supply to the Republics of Niger and Benin over an outstanding N2.60 billion electricity debt. Details of the unpaid electricity debt owed by the two countries are contained in the Nigerian Electricity Regulatory Commission (NERC) second quarter 2020 report released yesterday in Abuja.The report indicated that of the N4.10billion (US$13.39 million) invoice issued by the Market Operator(MO) to international customers which included Societe Nigerienne d’electricite – NIGELEC, Societe Beninoise d’Energie Electrique – SBEE and Compagnie Energie Electrique du Togo–CEET), only CEET paid the sum of N1.51bilion (US$4.92million) in respect of services it received from the Nigerian MO.
The Federal Government had in December 2019, threatened to disconnect Togo,
Benin and Niger Republic from electricity supply over non payment of their electricity bill to Nigeria.
Immediate past Managing Director of the Transmission Company of Nigeria (TCN), Usman Mohammed, had explained that prior to his emergence as the Managing Director of TCN, Benin and Togo owed Nigeria more than $100 million.
The demand for international customers who receive electricity from Nigeria to pay their bills or be disconnected has been ongoing for years from Nigeria Electricity Supply Industry (NESI) which supplies electricity to Togo and Benin. Both countries, and Niger Republic receive 300 megawatts electricity supply each from Nigeria.
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Is better, at least it will increase our local content. No payment no light.
So country deh owe us too??
Is that the reason Binin Republic want to sold themselves to the Zoological Republic?
Paul Jiya Yeah, we must remove sentiment in business . They have to pay
What many Nigerians don't know is that most West African countries depend on Nigeria for a lot of things. But we always rate ourself to be the poorest of them. We won't know the value of Nigeria until we lose it
At what point will the handlers of Nigeria, know that electricity is never a credit facility? They spend resources generating, transmitting and distributing electricity, and will still spend resources to recover debts? As against making it pay as you go?
Big brother my foot, cancelled the debt
Fail government, how that won take concern me now, who send you to give those two countries power, power wey never reach us before, some communities, villages in Nigeria has never set their eyes on electricity for years
