The Nigerian Electricity Regulatory Commission has said the Republic of Benin, Niger Republic and Togo made no payment for the electricity supplied to them from Nigeria in the second quarter of 2021, in its just released Second Quarter Report 2021
NERC stated that the power firms of the three nations and some other special customers were issued a total bill of N770m by the Nigerian Bulk Electricity Trading company and Market Operator of the Transmission Company of Nigeria. On the performance of distribution companies in Nigeria with respect to the payment of electricity sold to them, It noted that nothing was paid by neighboring countries and other special customers for power supplied during the period. A collection efficiency of 68.89 per cent was recoded
– Punch