Niger owes Nigeria N4.22bn for electricity supply – NERC

Niger Republic presently owes Nigeria N4.22bn ($5.48m) for electricity provision, according to the Nigerian Electricity Regulatory Commission’s recent quarterly report.

In 2022, 70% of Niger’s share of electricity was purchased from the Nigerian business Mainstream, according to a report by NIGELEC, the country’s sole electricity supplier.

Kainji Dam in Niger State produces the electricity delivered to the Niger Republic.

Niger is working to finish its first dam by 2025 to break its energy dependence on Nigeria.

The report read, “None of the under-listed international customers made any payment against the cumulative $16.11m invoice issued to them in 2023/Q1; Paras-SBEE ($3.46m), Transcorp-SBEE ($3.85 million), Mainstream-NIGELEC ($5.48m) and Odukpani-CEET ($3.32 million).

Recall that on July 26, the military junta overthrew the democratically elected government in Niger.

As a result of a failed diplomatic solution, the Niger junta cut its ties with Nigeria.

Nigeria…

More

Leave a Reply

Your email address will not be published. Required fields are marked *

Niger owes Nigeria N4.22bn for electricity supply – NERC

 

Log In

Or with username:

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.