NERC Seeks FG’s Intervention Over $12m Electricity Debt
The Nigerian Electricity Regulatory Commission (NERC) said it is seeking the intervention of the Federal Government over more than $12 million in electricity debts owed by Nigeria’s international and domestic bilateral customers.
This is as data sourced from the Commission’s newly released quarterly report, which noted that in the first quarter of 2025, six international bilateral customers purchasing power from the grid-connected GenCos, withheld more than $12 million for electricity supplied in the first quarter of 2025.
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The international bilateral customers include the Benin Republic’s Société Beninoise d’Energie Electrique, Togo’s Compagnie Energie Electrique du Togo and Niger Republic’s Société Nigerienne d’electricite.
NERC said the customers made a cumulative payment of $5.80 million against the $17.24 million invoice issued to them by the Market Operator for services rendered in 2025/Q1.
The withheld funds represented a remittance performance of 33.70 per cent.
On the other hand, the domestic bilateral customers made a cumulative payment of ₦1,857 million against the invoice of ₦2,571 million issued to them by the MO for services rendered in 2025/Q1, translating to 72.24% remittance performance.
The report noted that some domestic bilateral customers made payments during 2025/Q1 for outstanding MO invoices from previous quarters.
The MO received ₦64.06 million from the domestic bilateral customers [NDPHC-Weewood; ₦28.63million, North-South/Star Pipe; ₦10.41 million and Trans-Amadi (OAU/FMPI); ₦25.01 million] towards outstanding invoices from previous quarters.
However, the special customer (Ajaokuta Steel Co. Ltd and the host community) did not make any payment towards the ₦1.38 billion (NBET) and ₦0.13 billion (MO) invoices received in 2025/Q1.
“This continues a longstanding trend of non-payment by these customers, and the Commission has communicated the need for intervention on this issue to the relevant FGN authorities,” NERC said in a note.
