• July 26, 2021

Main Reason Why Nigeria Exports Electricity To Benin, Togo – Presidency

By Olivia Isibor (AGENDAWATCHDOG) – In response to a Punch report on Monday which indicted Nigeria for exporting electricity to other countries on credit, while blackouts persisted locally, the Presidency on Tuesday sought to make some clarifications.

In a statement signed by its spokesperson, Garba Shehu, the Presidency said the Punch report was grossly exaggerated and ambiguous.

According to the statement, Nigeria exports electricity to neighbouring countries in order to prevent the damming of water that feeds the nation’s major power plants, adding that over 90 percent of the electricity generated in the country was distributed and consumed locally.

While revealing that as of the last review in 2019, the amount of credit extended to Niger, Benin, and Togo stood at $69 million, the statement also added that Niger and Benin owed Nigeria $16 million and $4 million (N1.2billion) respectively.

Agenda Watchdog

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