Cross-Border Electricity Debts Balloon As Payments Lag
By NINI NDUONOFIT-AKOH Debt Breakdown & Remittance Performance Togo, Niger, Benin Owe Nigeria ₦25 billion for Electricity, NERC Report RevealsTOGO, Niger and Benin owe Nigeria about $17.8 million—equivalent to over ₦25 billion at the prevailing exchange rate—for electricity supplied under cross-border bilateral arrangements, the Nigerian Electricity Regulatory Commission (NERC) has disclosed in its Third Quarter […]
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