By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Niger, Benin, Togo‎ Remits N2.04bn Electricity Tariff to Nigeria
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Niger, Benin, Togo‎ Remits N2.04bn Electricity Tariff to Nigeria

News

Niger, Benin, Togo‎ Remits N2.04bn Electricity Tariff to Nigeria

Tare Magbei
Tare Magbei
Published: June 13, 2025
Last updated: June 13, 2025
1 Min Read
Share
Niger, Benin, Togo‎ Remits N2.04bn Electricity Tariff to Nigeria | Daily Report Nigeria
SHARE

The West African trio of ‎Niger, Benin, Togo‎ has remitted a combined sum of N2.04bn as outstanding electricity bill purchased from Nigeria in the first quarter of 2020.‎

This was disclosed by the Nigerian Electricity Regulatory Commission as part of it’s report for the first quarter of 2020.

‘You Can’t Stop Vote Counting, Biden Campaign Team Tells Trump

According to NERC, an invoice total of N4.05bn ($13.22m) were issued by the Market Operator to international customers which include Societe Nigerienne d’electricite (Niger), Societe Beninoise d’Energie Electrique (Benin) and Compagnie Energie Electrique du Togo (Togo).‎

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

The reported stated that Niger made a payment of ₦1.61bn ($5.27m), while Benin paid ₦0.43bn ($1.39m) as part of outstanding bills for the energy received from NBET and services rendered by the MO.

According to NERC, tariff shortfall (represented by the difference between actual end-user tariffs payable by consumers and the cost-reflective rates approved by NERC) had partly contributed to liquidity challenges being experienced in the industry.

It also noted that the settlement ratio to the expected Minimum Remittance Thresholds, having adjusted for tariff shortfall, shows that power distribution companies needed to improve on their performance.

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:BeninNigerPowerTop Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Atiku Presents BVAS, PVCs as Evidences Before Tribunal
2027: I Won’t Step Down For a Southern Candidate – Atiku
Politics
U.S. slashes visa duration for Nigerians to 3 months | Daily Report Nigeria
U.S. slashes visa duration for Nigerians to 3 months
News
IYC Obotebe Congratulates Otuaro on Amnesty Administrator Appointment
2027: Otuaro rallies Niger Delta behind APC’s endorsement of Tinubu for second term
Politics
Dangote refinery
Dangote slashes petrol price to N820 per litre
Business
Diddy to Be Sentenced October 3 as Court Maintains Tough Stance Despite Acquittals | Daily Report Nigeria
Diddy to Be Sentenced October 3 as Court Maintains Tough Stance Despite Acquittals
Entertainment

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

NUPENG To Embark on Nationwide Strike Over Bad Roads in The Country | Daily Report Nigeria
News

NUPENG To Embark on Nationwide Strike Over Bad Roads in The Country

June 15, 2025
Presidential Amnesty Program Will End - Ndiomu | Daily Report Nigeria
News

Presidential Amnesty Program Will End – Ndiomu

June 14, 2025
7 Doctors to be Tried For Professional Misconduct - MDCN | Daily Report Nigeria
News

7 Doctors to be Tried For Professional Misconduct – MDCN

June 14, 2025
Dangote Refinery Maybe Taken Over by Nigerian Government Over Crisis - Report
News

Dangote Refinery Maybe Taken Over by Nigerian Government Over Crisis – Report

June 15, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?