Nigeria’s international electricity customers have failed to pay a total of $14.19 million in unpaid electricity bills for the first quarter of 2024, according to a report by the Nigerian Electricity Regulatory Commission (NERC).
The report also stated that local bilateral customers owed N1.86 billion in unpaid electricity bills for the same period.
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However, it was noted that both local and international bilateral electricity customers made payments for previous quarters owed, with international customers paying $5.19 million and local customers paying N505.71 million.
The report also highlighted the remittance performance of Distribution Companies (DisCos) in the first quarter of 2024, which stood at 96.93%, a significant improvement from the 69.88% recorded in the fourth quarter of 2023.
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