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Tag Archives: Nigerian Bulk Electricity Trading (NBET)

4 months after notice, Niger, Benin begin payment of electricity debts

dam scheme

Four months after the Nigerian Bulk Electricity Trading (NBET) Plc and the Transmission Company of Nigeria (TCN) jointly sent notice of debts to power firms of the Republics of Benin and Niger, demanding the payment of an outstanding $115.91m (about N35.4bn at the official exchange rate of N305 to a dollar) for electricity supplied, about N19.712bn ($64,630,055:00) has been recovered. ...

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