Business

Benin, Niger Republics pay Nigeria $10m following disconnection threat

The Republics of Benin and Niger have paid $10.1m as electricity bill to Nigeria to avert being disconnected from their power source in Nigeria after the Federal Government threatened to disconnect debtors.

It was also learnt that the countries made the payment through their respective power firms, with NIGELEC of the Republic of Niger paying $3.79m, while the Community Electric du Benin of the Republic of Benin remitted $6.32m to Nigeria’s electricity market.

In July, President Muhammadu Buhari had decided to join operators in the power sector in calling on international customers receiving electricity from Nigeria to either pay their bills or be disconnected. Nigeria sells power to the Republics of Togo, Niger and Benin, and classifies the West African countries as international customers. Punch\Energy Mix

Pix: Nigeria electricity