Benin, Togo, Niger Shortchange Nigeria by $9.55m in Q4 Power Payments

Three West African neighbours failed to pay Nigeria $9.55m for electricity supplied in the fourth quarter of 2025. The Nigerian Electricity Regulatory Commission reported that it invoiced Benin, Togo and Niger a total of $20.44m but received just $10.89m, a 53.28% remittance rate, leaving a $9.55m shortfall. Detailed breakdown shows payments ranging from zero by one Togo contract to 82.31% by a Benin supply. One international and one domestic customer also settled past invoices. Domestic bilateral customers fared better, paying 84.23% of the N4.17bn billed, while a special customer received N1.26bn of supply with no payment. The gap highlights a significant revenue challenge for Nigeria’s power generators.

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