International, Bilateral Consumers Owe Nigeria N4.71bn Worth Of Electricity Bills 

Figures from the Nigerian Electricity Regulatory Commission showed that International and bilateral power consumers that get supply from Nigeria owe the country about N4.71bn, <br />The NERC revealed this in its first and second quarter reports of 2022, as it named the debtors to include Odukpani-CEET, Paras-SBEE, Ajaokuta Steel, and Mainstream/Inner Galaxy. <br />Others include Mainstream/KAM Industries, Mainstream/KAM Integrated, KAM Steel Shagamu, NDPHC/Sunflag, North South/OAU, and Mainstream/Adefolorunsho Ventures. <br />The commission pointed out that the indebtedness by the power firms were to the Nigerian Bulk Electricity Trading Company Plc and the power Market Operator. <br />It stated that in the first quarter, moribund Ajaokuta Steel Company Limited failed to pay N0.45bn, while Odukpani-CEET did not remit $3.42m.