NERC Reports Togo, Niger, and Benin Republic Power Firms Owe Nigeria $8.5 Million

Electricity Debt Crisis: Nigeria's electricity grid faces an $8.5 million deficit due to unpaid bills from power companies in Togo, Benin, and Niger, with a low remittance rate of 51.33% from these international customers.

Domestic Payment Issues: Domestic power users also struggle with payments, with a remittance rate of about 50%, exacerbated by significant debts from entities like Ajaokuta Steel Company, prompting calls for government intervention.

Metering Progress: Despite financial challenges, Nigeria's power sector installed over 225,000 meters in Q2 2025, increasing the metering rate to 54.33%, although nearly half of registered customers remain unmetered.

Complaint Resolution Challenges: Customer complaints decreased by 10.67%, but the resolution rate at the Central Complaint Unit was only 45.63%, with ongoing issues related to metering, billing, and service interruptions.