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Togo, Niger, Benin Owe Nigeria ₦32.04 Billion For Electricity Supplied In 2019 - Politics - Nairaland g1o40

Togo, Niger, Benin Owe Nigeria ₦32.04 Billion For Electricity Supplied In 2019 (17787 Views)

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Ebullience(m): 3:35pm On Jun 14, 2020
Togo, Niger, and Benin Republic did not pay their N32.04 billion bills for the electricity Nigeria supplied to them in 2019, the Nigerian Electricity Regulatory Commission (NERC) said.

According to data from the NERC, the three countries received a total invoice of N32.04 billion for the electricity supplied to them in 2019.

The commission had earlier said the trio owe Nigeria N29.97 billion.

Through its electricity transmission company, Nigeria supplies power to these countries, which are classified as international customers in the Nigerian power sector.

Niger’s power firm, Societe Nigerienne electricity, failed to pay a total invoice of N3.01 billion it received in the first quarter of 2019; N3.69 billion in the second quarter, N4.1 billion in the third quarter and N2.07 in the fourth quarter.

Communaute Electrique du Benin, a power firm owned by Togo and Benin, did not pay N9.74 billion for the power supplied to it in the first quarter; N7.16 billion in the second quarter; and N2.27 billion in the third quarter.

It, however, did not receive any invoice for the fourth quarter of 2019.

NERC said in its latest quarterly report that during the quarter under review, the special and international class of customers made no payment to the Nigerian Bulk Electricity Trading Plc and the Market Operator.

The NERC quarterly report analyses the state of the Nigerian electricity industry (covering both the operational and commercial performance), regulatory functions, consumer affairs as well as the commission’s finances and staff development.

“The Federal Government has continued to engage the governments of neighbouring countries benefitting from the export supply to ensure timely payments for the electricity purchased from Nigeria,” it said.

Like its last report, the commission laments that the financial viability of the Nigerian Electricity Supply Industry is still a major challenge threatening its sustainability.

“As highlighted in the preceding quarterly reports, the liquidity challenge is partly due to the non-implementation of cost-reflective tariffs, high technical and commercial losses exacerbated by energy theft and consumers’ apathy to payments under the widely prevailing practice of estimated billing.

“The severity of the liquidity challenge in NESI was reflected in the settlement rates of the energy invoices issued by NBET to each of the DisCos as highlighted above, as well as the non-payment by the special and international customers”.

https://www.timesng.com/news/top-news/397571-togo-niger-benin-owe-nigeria-n32-04-billion-for-electricity-supplied-in-2019-nerc.html

2 Likes

Brandstudio01: 3:36pm On Jun 14, 2020
So the government will rather sell our power than give us at least 12 hours power supply daily. Yet they have nothing to show for all the Billions generated from this punishment. I feel like crying for this nation embarassed

Indeed there's no difference between PDP and APC

Please, I will Design a Professional Logo for your product or Business for 2k Only

106 Likes 8 Shares

Jamesbiodun(m): 3:38pm On Jun 14, 2020
they keep mentioning billions, ordinary owing phcn #1000, they will disconnect light, FG and Discos they craze

92 Likes 4 Shares

Multiplier7(m): 3:39pm On Jun 14, 2020
Am I really first to comment?

Nigeria should forgive them because they know not what they are doing.

Let's hear what others has to say below

4 Likes 2 Shares

Davash222(m): 3:40pm On Jun 14, 2020
Multiplier7:
Am I really first to comment?

Nigeria should forgive them because they know not what they are doing.

Let's hear what others has to say below
Stop using Glo cheesy

86 Likes 6 Shares

Babzrockman: 3:42pm On Jun 14, 2020
And Nigerians are here sleeping in dark... Who send una to give them power?

29 Likes 4 Shares

FINESHIRT(m): 3:48pm On Jun 14, 2020
The same power we can't boast of in the country?

23 Likes 2 Shares

Tintinnoty(m): 3:55pm On Jun 14, 2020
Togo, Niger, and Benin Republic please pay us our money now guys wanna cash out

17 Likes 3 Shares

Abbeyme: 3:55pm On Jun 14, 2020
Big Brother Africa = Nigeria

8 Likes 1 Share

Petersamuel8(m): 3:56pm On Jun 14, 2020
Abeg they should channel the electricity back too Nigeria as we don't need the money

The government will loot the money living us without both electricity and infrastructure

14 Likes 3 Shares

Dominion202: 3:56pm On Jun 14, 2020
What a country.
Nigeria supplying three countries power whereas we the indigine neva get 4hrs power supply per day.
Truly APC is working

60 Likes 8 Shares

Abbeyme: 3:56pm On Jun 14, 2020
Multiplier7:
Am I really first to comment?

Nigeria should forgive them because they know not what they are doing.

Let's hear what others has to say below

Check upstairs, you have a neighbour with fast fingers

2 Likes

Daroldigits: 3:56pm On Jun 14, 2020
This is serious....
Femeto: 3:56pm On Jun 14, 2020
Your people never get light you dey give others. They should keep the money since you all are sense less.

11 Likes 2 Shares

crown08(m): 3:56pm On Jun 14, 2020
Wow
sylve11: 3:56pm On Jun 14, 2020
You can not give what you do not have... cool
tillaman(m): 3:56pm On Jun 14, 2020
Oh please, they can keep the money, the government is crazy enough to give them light wen we nor get, light wey never reach us unu dey give am out like party meal!!
Light wey never dey for 12 hours daily

9 Likes 2 Shares

Burna440(m): 3:56pm On Jun 14, 2020
Na wao, and if I owe them ordinary 3k dem go cut my wire carry am go

5 Likes

Re: Togo, Niger, Benin Owe Nigeria ₦32.04 Billion For Electricity Supplied In 2019 by Nobody: 3:56pm On Jun 14, 2020
Big brother, forgive your younger brothers

5 Likes

jofatek(m): 3:56pm On Jun 14, 2020
H
loadedvibes: 3:57pm On Jun 14, 2020
So why they never pay na ? We need that money now o.. head burn

Anyway I have kids Educational Tablets for sale
okomile(f): 3:57pm On Jun 14, 2020
If they pay, it will disappear

No ability in zoogeria grin

1 Like

psychologist(m): 3:57pm On Jun 14, 2020
Dash it to them

Because even if they pay, we the masses aren't gonna see the impart

Ok bye

2 Likes

emmanuelbrown26: 3:57pm On Jun 14, 2020
Just take a ery good look at the amount
Patson080(m): 3:57pm On Jun 14, 2020
I've been in Togo for over 11 months and there's light on an average of 20 hours a day and my country supplies them light.

Spits and hisses.

22 Likes

adeoluolagbegi(m): 3:58pm On Jun 14, 2020
Its true that we supply them electricity
Originality007: 3:58pm On Jun 14, 2020
grin
Slawormir: 3:58pm On Jun 14, 2020
Damnnnnn niggarrr
Isoright
We are the real niggarrrs of Africa
They better pay up or else we gonna kick their ass

So na this one make Benin withdraw thier nomination for for the Director General of the World Trade Organisation (WTO)
Then them come back Dr Ngozi Okonjo-Iweala

I seee

3 Likes

crossfm: 3:58pm On Jun 14, 2020
I'm on my way to collect my own share from this countries first hand.I can't wait for the money to get to our government hand,we all know how it will be like.
I will just locate one government owned hotel in Togo and lodge there.if they ask for money I will be like,deduct it from the money you are owing us.

7 Likes

Re: Togo, Niger, Benin Owe Nigeria ₦32.04 Billion For Electricity Supplied In 2019 by Nobody: 3:58pm On Jun 14, 2020
....

6 Likes

temptnow: 3:58pm On Jun 14, 2020
Ghana should pay us for our gas supply too.

I hope that ugly Ghanaian President is wearing mask cos...

3 Likes

lyriclekidd(m): 3:58pm On Jun 14, 2020
Mad

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