The Nigerian Electricity Regulatory Commission (NERC) says that Togo, Niger and Benin owe Nigeria $17.8m tor electricity supplied to them.
According to the NERC, Togo, Niger, and Benin owe Nigeria $17.8m, about N25bn at the current exchange rate of the Nigerian local currency, the Naira, for electricity supplied under the existing bilateral arrangements,
The NERC said in its Third Quarter 2025 report, that the three international customers were invoiced a total of $18.69m by the Market Operator for electricity supplied during the period, but they remitted only $7.125m, leaving an outstanding balance of $11.56m.
Similarly, the international bilateral customers had legacy invoices of $14.7m, out of which they paid $7.84m, leaving a balance of $6.23m.
It added that the international offtakers of power included Compagnie Énergie Électrique du Togo, Société Béninoise d’Énergie Électrique of the Republic of Benin, and Société Nigérienne d’Électricité of the Republic of Niger.
According to NERC, the three international bilateral customers purchasing power from the grid-connected GenCos made a cumulative payment of $7.125m against the $18.69m invoice issued to them by the Market Operator for services rendered in 2025/Q3.
It stated that the remittance level represented a 38.09 per cent remittance performance, with over half of the invoices remaining unpaid at the end of the quarter.
It explained that the electricity supplied to the three countries was generated by grid-connected Nigerian generation companies and delivered through bilateral cross-border power arrangements.
“The three international bilateral customers being supplied by GenCos in the NESI made a payment of $7.12m against the cumulative invoice of $18.69m issued by the MO for services rendered in 2025/Q3, translating to a remittance performance of 38.09 per cent.
In contrast, NERC said that domestic bilateral customers performed better, remitting N3.19bn out of the N3.64bn invoiced to them during the quarter, representing a remittance rate of 87.61 per cent.
“The domestic bilateral customers made a cumulative payment of N3.19bn against the invoice of N3.64bn issued to them by the MO for services rendered in 2025/Q3, translating to 87.61 per cent remittance performance,” it added.
GIK/APA