Three international customers in the Nigerian power sector paid $8.67 million of the $18.84 million invoiced to them in the second quarter of 2026, a remittance rate of 46.02 per cent, data from the Nigerian Electricity Regulatory Commission (NERC) have shown.
The Commission’s second-quarter 2026 report indicated that the invoices were issued by the Market Operator for services rendered to customers who buy power from grid-connected generation companies.
The countries Benin, Nigeria, and Togo bought electricity from the following companies: Société Béninoise d’Energie Electrique (SBEE) in the Benin Republic, Compagnie Energie Electrique du Togo (CEET), and Société Nigérienne d’Electri...
Politics
Foreign Customers Pay $8.67m Of $18.84m Power Bill In Q2
Source: Leadership News
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