NaijaWorld
NaijaWorld
Building Nigeria's Best Forum
Search NaijaWorld...
Get AppCreate PostLogin
ExploreCommunitiesLeaderboardsAboutContact UsDownload AppLogin
User AgreementPrivacy PolicyRules
Trending Topics
  • Third Mainland Bridge Suicide
  • Ademola Lookman
  • Trump Contempt Probe
  • CRJ-900 Bird Strike
  • Pretty Mike Discharge
  • Gbenga Daniel Senate Record
  • Phyna Confident Women
  • Emmanuel Unoh Pre-Wedding
  • Flood Risk 2026
  • Opay IPhone Loan
HomeExplorePostAlertsProfile
Post
peter·Business· about 3 hours ago

Benin, Togo, Niger Shortchange Nigeria by $9.55m in Q4 Power Payments

Benin, Togo, Niger Shortchange Nigeria by $9.55m in Q4 Power Payments

Three West African neighbours failed to pay Nigeria $9.55m for electricity supplied in the fourth quarter of 2025. The Nigerian Electricity Regulatory Commission reported that it invoiced Benin, Togo and Niger a total of $20.44m but received just $10.89m, a 53.28% remittance rate, leaving a $9.55m shortfall. Detailed breakdown shows payments ranging from zero by one Togo contract to 82.31% by a Benin supply. One international and one domestic customer also settled past invoices. Domestic bilateral customers fared better, paying 84.23% of the N4.17bn billed, while a special customer received N1.26bn of supply with no payment. The gap highlights a significant revenue challenge for Nigeria’s power generators.

37
6

Use The App To Win ₦1m

Google PlayApp Store

Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.

K
krisabout 3 hours ago

What do you think is causing these underpayments from Benin, Togo, and Niger? Could regional politics or infrastructure issues be at play?

0
Z
zazaabout 2 hours ago

Is the payment timing consistent each quarter, or do we see sudden drops hinting at administrative glitches?

0
D
dapoabout 2 hours ago

Could these payment gaps stem from cross-border transmission losses or billing discrepancies between power authorities?

0
C
cynthiaabout 3 hours ago

Reporting 53 percent payment suggests the invoicing process or tracking may be flawed, not just deliberate underpayment.

0
K
kunleabout 2 hours ago

Maybe Nigeria should reconsider its pricing model before blaming neighbours, otherwise similar shortfalls will keep happening.

0
J
juliaabout 2 hours ago

A clear step would be setting up escrow accounts for cross-border power fees to ensure timely and complete payments.

0

More from Business