Togo, Niger, Benin Owe Nigeria ₦25bn for Electricity — NERC
Three West African neighbours—Togo, Niger and Benin—owe Nigeria $17.8 million (about ₦25.36 billion) for electricity supplied under bilateral power agreements, the Nigerian Electricity Regulatory Commission (NERC) has disclosed.
In its Third Quarter (Q3) 2025 report, NERC said the countries were billed $18.69 million for power supplied during the quarter but paid only $7.125 million, leaving an outstanding $11.56 million. The regulator added that legacy debts of $14.7 million were also partly unpaid, with $6.23 million still outstanding after remittances.
Combined, unpaid invoices from previous quarters and Q3 2025 amount to $17.8 million, which translates to ₦25.36 billion at an exchange rate of ₦1,425/$.
NERC identified the international offtakers as Compagnie Énergie Électrique du Togo, Société Béninoise d’Énergie Électrique (Benin), and Société Nigérienne d’Électricité (Niger). The regulator noted that the three customers recorded a 38.09% remittance performance for Q3 2025, meaning more than half of the invoices remained unpaid by the end of the quarter.
According to the report, the electricity exported to the three countries was generated by grid-connected Nigerian generation companies (GenCos) and delivered through cross-border bilateral power arrangements.
