Neighbouring West African nations, Benin and Togo, have fallen behind on their electricity payments to Nigeria, leaving a significant portion of their debts unsettled for the second quarter of 2025.
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According to the Nigerian Electricity Regulatory Commission’s (NERC) Second Quarter 2025 Report, six international bilateral customers who receive electricity from Nigerian generation companies remitted only $9.01 million out of a total $17.54 million invoice issued by the Market Operator for the period under review.
The report revealed that the remittance performance of these customers stood at 51.33 per cent, with some countries making no payment at all.
Specifically, the Société Béninoise d’Énergie Électrique (SBEE) of Benin Republic made only a partial payment, while Compagnie Energie Electrique du Togo (CEET) failed to remit any part of its $4.31 million invoice. In contrast, Niger’s NIGELEC paid $2.59 million out of its $3.71 million bill.
NERC noted that the persistent shortfall in payments from both international and domestic bilateral customers continues to strain the liquidity of Nigeria’s electricity market. The commission warned that such irregular remittances affect the ability of generation companies and the Market Operator to sustain efficient grid operations and ensure stable power supply across the region.
