Nigeria’s international bilateral electricity customers, located in Benin Republic and Togo, are reported to owe $5.79 million for energy consumption in the second quarter of 2024.
The Nigerian Electricity Regulatory Commission (NERC) disclosed this in its latest quarterly report.
Out of the total $15.60 million billed for the period from April to June, these customers remitted $9.81 million.
The report highlights that Para-SBEE and Transcorp-SBEE in Benin, along with Mainstream-NIGELEC and Odukpani-CEET in Togo, were billed for the supply. While Transcorp-SBEE in Benin fully paid its $4.25 million bill, others like Para-SBEE and Mainstream-NIGELEC remitted only part of their payments.
Odukpani-CEET in Togo, however, made no remittance for the $3.47 million it owed.
During the same period, some customers also made payments toward outstanding balances from previous quarters, bringing the total payments by international customers to $16.65 million.