Power consumers, on Wednesday, kicked against the export of about N23.13bn worth of electricity from Nigeria to some neighbouring countries in 2022 despite the widespread darkness witnessed in many Nigerian communities.
The latest data on the remittances by international customers, obtained from the Nigerian Electricity Regulatory Commission in Abuja, showed that Nigeria continued its export of electricity to the Republics of Benin and Niger, as well as some special categories of consumers.
It was observed that the total value of exported electricity from Nigeria in 2022 was $50.98m (N23.5bn, at the official exchange rate of N461/$ as of last year). But the international customers remitted $32.69m, an equivalent of N15.1bn.
This implies that they failed to remit a total of $18.29m or N8.4bn during the period, while the special customers also did not remit N792.6m in the same period, according to figures obtained from the power sector regulator.
Although…