Togo, Niger, Benin owe Nigeria $11.57m in electricity — NERC

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that Togo, the Niger Republic, and the Benin Republic owe Nigeria a total of $11.57 million for electricity supplied in the third quarter (Q3) of 2025. The commission made this known in its Q3 2025 report, released this week. According to NERC, the Market Operator (MO) issued an invoice of $18.69 million to the three countries for electricity supplied by Nigerian electricity generation companies (GenCos) under bilateral...

FG targets 20,000MW of electricity by 2026, invests $20bn in electricity

The Nigerian government is working towards generating a medium-term 20,000 megawatts (MW) of electricity by 2026 and a long-term 60,000 MW by 2060, Power Minister Adebayo Adelabu said last week. Speaking at the opening ceremony of the Nigeria Energy Summit in Lagos, Adelabu said the federal government would grow the power sector through huge investments. He said a US$20 billion investment plan has been put in place for the establishment of new power plants and...

WP2Social Auto Publish Powered By : XYZScripts.com