Stats: 3,192,051 members, 7,946,593 topics. Date: Wednesday, 11 September 2024 at 09:54 PM |
Nairaland Forum / Nairaland / General / Politics / Why Nigeria Still Sells Electricity To Togo, Niger, Benin Amid Blackout (185 Views)
With All The Economic Challenges, Pure Water Still Sells For ₦10 In Kaduna / NERC: Togo, Niger, Benin Failed To Pay FG N770m Electricity Bill In Q2 2021 / Togo, Niger, Benin Owe Nigeria ₦32.04 Billion For Electricity Supplied In 2019 (2) (3) (4)
Why Nigeria Still Sells Electricity To Togo, Niger, Benin Amid Blackout by okikesam: 7:52am On Jul 29, 2020 |
Source: Ripples Nigeria The Presidency said the distribution of electricity to the neighbouring countries was due to Multilateral Energy Sales Agreement with their governments so that they would not dam the waters that feed Nigeria’s major power plants in Kainji, Shiroro and Jebba. Garba Shehu said this in response to a publication by a Nigerian newspaper which had decried the situation where Nigeria sells electricity to neighbouring countries on credit while blackouts still persist in the country. He said: “Power exported to Niger, Benin and Togo based on Multilateral Energy Sales Agreement with the Government of Nigeria is on the basis that they would not dam the waters that feed our major power plants in Kainji, Shiroro and Jebba.” Speaking on what the countries are owing Nigeria for the electricity sold to them, Shehu said: “As of the last review in 2019, the amount of indebtedness to all three customers stood at $69 million, subsequent upon which several payments were made to NBET. Much of this has been repaid by the debtor nations. “As of today, Niger owes only USD 16 million and Benin, USD 4 million, adding up to the Naira equivalent of about N1.2bn.” ----- Get a roundup of the day's top news stories from Nigeria and around the world delivered straight to your WhatsApp every weekday. TRY IT OUT |
Re: Why Nigeria Still Sells Electricity To Togo, Niger, Benin Amid Blackout by 88Craze: 7:53am On Jul 29, 2020 |
People wey never sell to themselves they sell to others |
Re: Why Nigeria Still Sells Electricity To Togo, Niger, Benin Amid Blackout by okikesam: 7:57am On Jul 29, 2020 |
It doesn't even make any sense 88Craze: |
Re: Why Nigeria Still Sells Electricity To Togo, Niger, Benin Amid Blackout by majamajic(m): 7:58am On Jul 29, 2020 |
These 2 countries not up to Lagos alone |
Re: Why Nigeria Still Sells Electricity To Togo, Niger, Benin Amid Blackout by popsy2(m): 8:01am On Jul 29, 2020 |
Ok |
(1) (Reply)
Why Osinbajo’s Helicopter Crashed – AIB / NGIJ Congratulates Lagos PPRO, SP Bala Elkana As He Gets Decorated With New Rank / Calm Down Merch Out
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8 |