Nigeria’s Power Sector Strained as Benin, Niger, Togo Owe Over $40m in Unpaid Electricity Bills
Nigeria’s electricity sector is under increasing financial pressure as three neighbouring West African countries, Benin, Niger, and Togo, have reportedly defaulted on payments exceeding $40 million for electricity supplied to them by Nigeria. According to sector insiders, the outstanding debts are linked to international bilateral energy supply agreements facilitated through the Nigerian Bulk Electricity Trading
