Nigeria’s International electricity customers- ers-Togo, Benin and Niger are owing Nigeria $18.29 million for electricity consumed in 2022, the Ni- Nigerian Electricity Regulatory Commission (NERC), has said. The international customers include Compagnie Energie Electrique du Togo of Benin Republic, (CEET); Société Béninoise d’Energie Electrique (SBEE) and NIGELEC-electric power generation and transmission utility in Niger.

Data from NERC’s quarterly report, which was obtained by Saturday Telegraph yesterday, showed that Nigeria exported a total value of electricity of $50.9 million (N23.5 billion) in 2022. According to the report, Transcorp-SBEE, Main-stream-NIGELEC, the fourth quarter of 2022, received invoices of $3.44 million; Paras-SBEE, $3.03 million and Odukpani-CEET, $2.02 million to the market operators.

From the report, out of the total invoice received in the period, Mainstream-NI-GELEC remitted $5.44 million; Transcorp-SBEE remitted $0.93 million; , while no remittance was made to the MO by Paras-SBEE and Odukpani-CEET. NERC said, “In the third quarter, a total invoice of $11.05 million was received by the companies as follows; Transcorp-SBEE, Mainstream-NIGELEC and Odukpani-CEET received invoices of $1.85 million, $5.67 million and $1.71 million respectively from MO and made remittances of $1.20 million, $5.55 million and $1.67 million respectively.

However, no remittance was made to the MO by Pa- ras-SBEE against an invoice of $1.92 million. “In the second quarter of 2022, Transcorp-SBEE and Mainstream-NIGELEC received invoices of $2.42 million and $5.56 million from MO and remitted $2.42 million and $5.55 million re- respectively. “Paras-SBEE and Oduk- pani-CEET also received in- voices of $2.39 million and $2.03 million respectively from the market operators during the period but no payment was made by these customers.

“During the same period, Ajaokuta Steel Company was invoiced ₦264.76 million and ₦66.71 million by NBET and MO respectively, however, it made no remittance. “Similarly, NERC stated that in the first quarter of 2022, bilateral customers; Paras-SBEE, Transcorp-SBEE, and Mainstream-NI-GERLEC received invoices of $2.72 million, $2.74 million and $4.61 million from MO and each remitted $2.72 million, $2.74 million, and $4.52 million respectively.” It added, “No payment was made by Odukpani-CEET as it received an invoice of $3.42 million from MO during the period.”

helinues:
Ns to cut their light most especially Benin Republic, sebi dem know how to increase border tax Right

Zonefree:

Same Benin Republic that accomodated your Ronu IDPs

Don't be ungrateful, Helinues.

jyz200:
Can you imagine


Even we way get time never dy enjoy yet you’re owning us

gaby:
Wahala wahala.

How about taking them off the grid until they pay their bills the same way the Discos are quick to mount their ladders to disconnect their poor citizens?

We have been and are always more compassionate to outsiders than our very own.

Forming useless big for nothing brother...