According to the Nigerian Electricity Regulatory Commission Quarterly Report for the Fourth Quarter of 2025, the market operator issued a total invoice of $20.44m to international bilateral customers in Benin, Togo and Niger for power supplied during the period. However, the three of them were only able to pay $10.89m of the total invoice, representing a remittance performance of 53.28 per cent.Nigeria travel guide
The report stated, “The three international bilateral customers being supplied by GenCos in the Nigerian electricity supply industry made a payment of $10.89m against the cumulative invoice of $20.44m issued by the MO for services rendered in 2025/Q4, translating to a remittance performance of 53.28 per cent.”
This means that out of every $100 billed to these international customers, only $53.28 was paid, leaving a shortfall of $46.72, which amounts to the $9.55m unpaid debt.

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