The debt profile of three of Nigeria’s international electricity customers – Togo, Republic of Benin and Niger – has hit N32.04 billion in just one year. Nigerian Electricity Regulatory Commission (NERC), which disclosed this in its latest report sighted on its website on Sunday, declared that debts which was for power supply to the neighbouring countries in 2019 alone, has contributed to financial burden threatening the sustainability of the Nigeria Electricity Supply Industry (NESI). The commission had, proor to this, said that the three countries classified as international customers owe Nigeria…
Read MoreTogo, Benin, Niger’s electricity debts profile to Nigeria hit N32.04bn in one year
