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Niger, others owe Nigeria N132.2bn in electricity bills as ECOWAS threats looms over neighbouring country

A breakdown of quarterly reports by NERC showed that the amount owed is part of the N180.8 billion to the customers, out of which they paid N48.57 billion, representing 26.8% payment.

Breakdown of countries’ electricity debt to Nigeria

The analysis revealed that Benin leads the list of debtors with a bill of N72.1 billion via the Societe Beninoise d’Energie Electrique, followed by Niger Republic with N31.3 billion via the Societe Nigerenne d’electricite and Togo with N10.03 billion via the Companie Energie Electrique Du Togo.

On a yearly breakdown, the West African countries paid N650 million from N47.25 billion worth of electricity supply, while in 2029, they still need to pay an amount of N40.6 billion.

The countries paid about N10.4 billion in 2020 from the N19.7 billion bill, while in 2022, the three countries paid N32.7 billion from N52.02 billion in the third quarter of 2023.

The firms did not pay for N12.3 billion worth of electricity supply to them.

The report omitted Q1, Q2, and Q4 figures as of 2021 and did not disclose the amount of electricity sold to the West African countries, while the one for Q3 did not explain what each government owes Nigeria.

 

Source: www.legit.ng

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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