HomeBusinessNERC revealed 3 countries owing Nigeria billions of dollars for electricity supply

NERC revealed 3 countries owing Nigeria billions of dollars for electricity supply

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NERC disclosed that Togo, the Republic of Benin and Niger Republic paid only $4.82 million out of the $17.48 million electricity bill issued for Q1 2026 While international customers recorded a low payment rate of 27.57%, domestic bilateral customers paid ₦5.82 billion out of ₦6.12 billionThe commission also revealed that DisCos collected ₦597.56 billion from the ₦756.93 billion billed to customers during the quarter

Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.

Nigeria’s electricity exports to neighbouring countries recorded weak payment performance in the first quarter of 2026, with the Republic of Benin, Togo and the Niger Republic collectively paying only a fraction of the invoices issued for electricity supplied by Nigerian generation companies.

NERC revealed 3 countries owing Nigeria billions of dollars for electricity supplyNERC Names 3 Foreign Countries Owing Nigeria $12.66 Million for Electricity Supply
Source: UGC

According to the Nigerian Electricity Regulatory Commission (NERC) in its 2026 First Quarter Report, the three international bilateral

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