International bilateral electricity customers in Benin Republic and Togo owe Nigeria $5.79m for the energy consumed in the second quarter of 2024.
The Nigerian Electricity Regulatory Commission revealed this in their latest second-quarter 2024 report analysed by our correspondent on Sunday.
Out of the $15.60m invoice issued by the market operator between April and June, the international customers remitted $9.81m.
The foreign companies off-taking power from Nigeria are Para-SBEE in Benin Republic ($1.23m), Transcorp-SBEE in Benin, Mainstream-NIGELEC in Togo ($1.09m), and Odukpani-CEET in Togo ($3.47m).
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