The Digest:
The Nigerian Electricity Regulatory Commission (NERC) has revealed that Benin Republic, Togo, and Niger owe a combined $11.57 million for electricity supplied in Q3 2025. Only 38% of invoiced amounts were paid, reminding us that even shared light leaves shadows of debt.
Key Points:
- Total invoice to the three countries was $18.69 million for Q3 2025.
- Only $7.12 million was paid, leaving $11.57 million outstanding.
- Debtors include state power firms of Benin, Togo, and Niger.
- Domestic bilateral customers paid 87.6% of their N3.64 billion invoice.
- Ajaokuta Steel Co. Ltd paid nothing on a ₦1.03 billion bill.
- NERC has alerted federal authorities about Ajaokuta's non-payment.
- Some payments covered arrears from previous quarters
Sources: Business Day, Nairametrics
