- Benin, Togo, and Niger owe Nigeria $9.55 million for Q4 2025 electricity supply, after paying only 53.28% of a $20.44 million invoice issued by the market operator.
- Nigeria records stronger payment compliance from domestic customers than international buyers, exposing ongoing challenges in cross-border electricity revenue collection.
The Nigerian Electricity Regulatory Commission (NERC) has reported that Benin, Togo, and Niger collectively failed to pay $9.55 million for electricity supplied in the fourth quarter of 2025. The Market Operator issued a $20.44 million invoice, but the three countries only remitted $10.89 million, resulting in a 53.28% payment performance.
The report shows that the countries underpaid across multiple bilateral supply arrangements involving Nigerian generation companies. In some cases, payment performance remained relatively strong, such as Paras Energy supplies to SBEE in Benin and CEET in Togo. However, other arrangements recorded weak or zero remittance, including the Odukpani–CEET contract in Togo.
The affected utilities include Société Béninoise d’Energie Electrique, Compagnie Energie Electrique du Togo, and Société Nigerienne d’Electricité. These entities received power through various Nigerian generation companies, including Transcorp, Mainstream, Paras, and Odukpani-linked plants.
The report also highlights that domestic bilateral customers in Nigeria performed better, paying 84.23% of their invoices during the same period. This contrast shows stronger compliance within the local market compared to international bilateral customers.
The findings highlight ongoing revenue recovery challenges in Nigeria’s electricity export arrangements, even as the country continues to supply power to neighbouring West African markets facing their own energy constraints.