Benin Republic, Niger owe Nigeria 1.4 Billion Naira Electricity bills - Presidency

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The Presidency has today disclosed that Nigeria's two closest neighbors, Benin Republic and Niger, are indebted to Nigerian Government to the tune of 1.4 Billion Naira for the supply of electricity. 

The Presidency, while addressing the reactions of Nigerians vis-a-vis the constant blackouts often experienced in the country, while the nation continues to export electricity to the neighbouring countries on credit, revealed that as at the 2019, the debts owed to Nigeria by three countries amount to 69 Million USD. 

According to the Presidential spokesperson, Mr. Garba Shehu, 

"As of the last review in 2019, the amount of indebtedness to all three customers stood at $69Million, subsequent upon which payments were made to NBET.

"Much of this, has been repaid by the debtor nations. 

"As of today, Niger owes only 16Million USD, and Benin Republic 4Million USD, adding up to the Naira equivalent of about 1.2Billion."


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