presidency explain why Nigeria still sells electricity to Togo,Niger, Benin amid persistent blackout

BREAKING: Presidency explain why Nigeria still sells electricity to Togo, Niger, Benin amid persistent blackout

The Presidency has explained why despite the fact that power generated in Nigeria is insufficient, the country still distributes electricity to Togo, Niger and Benin.

The Presidency said the distribution of electricity to the neighboring 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 Kanji, Shiroro and Jabba.

The Special Adviser to the President on Media and Publicity, Garba Shehu stated this in a statement on Tuesday.

Shehu was responding to a publication by a Nigerian newspaper which had decried the situation where Nigeria sells electricity to neighboring countries on credit while blackouts still persist in the country.

In his reply Shehu said, “It is most disappointing that sensationalism has dominated the thinking and ethos of institutions that citizens look up to with trust, confidence and reliability.

“Monday edition of the Punch checks all the boxes in terms of an abject failure to honour these time-tested traditions with its news piece: “Nigeria exports USD81.48bn electricity on credit as country’s blackout persists,” is, to say the least, hyperbolic and terribly misleading.

The Presidency has explained why despite the fact that power generated in Nigeria is insufficient, the country still distributes electricity to Togo, Niger and Benin.

The Presidency said the distribution of electricity to the neighboring 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.

The Special Adviser to the President on Media and Publicity, Garba Shehu stated this in a statement on Tuesday.

Shehu was responding to a publication by a Nigerian newspaper which had decried the situation where Nigeria sells electricity to neighboring countries on credit while blackouts still persist in the country.

In his reply Shehu said, “It is most disappointing that sensationalism has dominated the thinking and ethos of institutions that citizens look up to with trust, confidence and reliability.

“Monday edition of the Punch checks all the boxes in terms of an abject failure to Honour these time-tested traditions with its news piece: “Nigeria exports USD81.48bn electricity on credit as country’s blackout persists,” is, to say the least, hyperbolic and terribly misleading.

Read also: Senate urges FG to subsidise electricity for Nigerians

“Apart from the fact that the figure quoted is far from accurate, out-dated and therefore not reflective of the current reality, the overall cost of power generated and sold by Nigeria in the period covered by the report is not anywhere close to what was mentioned by the paper.

“The actual cost of electricity generated within the said timeframe (2018-2019) by all the electricity generation companies in Nigeria was about N1.2 trillion ($4 billion).ad also: Senate urges FG to subsidize electricity for Nigerians

“Apart from the fact that the figure quoted is far from accurate, out-dated and therefore not reflective of the current reality, the overall cost of power generated and sold by Nigeria in the period covered by the report is not anywhere close to what was mentioned by the paper.

“The actual cost of electricity generated within the said time frame (2018-2019) by all the electricity generation companies in Nigeria was about N1.2 trillion ($4 billion).

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