Tag: Cross-Border Power Trade
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Benin, Togo’s N37.4bn Electricity Debt Raises Fresh Concerns Over Cross-Border Power Trade
By Opeyemi Adelakun Nigeria’s cross-border electricity business is facing a $28.33m (about N37.44bn) outstanding debt from customers in Benin Republic and Togo over ancillary services provided between 2023 and 2025. An analysis of annual reports published by the Nigerian Electricity Regulatory Commission (NERC) showed that the debt relates to services associated with the transfer and…