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Togo Aims to Boost Electricity Imports from Nigeria

Nairametrics·
Togo Aims to Boost Electricity Imports from Nigeria

Togo has expressed interest in increasing its electricity imports from Nigeria to address the growing domestic power demand. Jennif Adighij, the Managing Director of Niger Delta Power Holding Company (NDPHC), disclosed this during a meeting with Togo's electricity utility, led by D. Bo K. Mba Barandao.

Currently, Togo purchases 75 megawatt-hours of electricity from Nigeria under a bilateral power supply arrangement. The importation of electricity is deemed crucial for sustaining stable power supply and supporting economic activities across Togo.

Adighij reaffirmed NDPHC's commitment to enhancing energy cooperation and ensuring stable electricity supply to neighboring countries in West Africa. She noted that the expansion of electricity exports requires bankable and sustainable commercial agreements, emphasizing the need for credible financial guarantees and structured payment mechanisms to mitigate risks associated with cross-border electricity trade.

Despite Nigeria's domestic instability, the country continues to fulfill its long-term regional treaty obligations and earn foreign exchange through electricity exports.

Plus234Feed summary based on reporting from Nairametrics.

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