Nigeria’s Electricity Debt: Benin and Togo Owe Over $11m for Q1 2025 Supply

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Nigeria is owed over $11 million by Benin and Togo for electricity supplied in the first quarter of 2025, according to the Nigerian Electricity Regulatory Commission (NERC). The debt arises from bilateral agreements between Nigeria and its neighboring countries, where Nigeria’s generation companies supply electricity to these nations.

The sustainability of Nigeria’s cross-border electricity trade hangs in the balance, and experts are calling for stronger enforcement to prevent defaults and ensure the growth of the power sector.

Source: Wikipedia/Greg Watson