Economy

Togo Eyes Increased Electricity Imports from Nigeria via NDPHC to Meet Rising Demand

Share
Share

Togo has expressed interest in increasing electricity imports from Nigeria through the Niger Delta Power Holding Company to meet growing domestic demand.

The disclosure was made by NDPHC Managing Director Jennifer Adighije on Sunday following talks with officials from Togo’s national electricity utility, Compagnie Energie Electrique du Togo (C.E.E.T).

The Togo delegation was led by C.E.E.T Director General Débo‑K’mba Barandao and focused on strengthening existing power supply cooperation between the two countries. Barandao noted that Togo currently imports about 75 megawatt hours of electricity from NDPHC under a bilateral arrangement, which has been vital in sustaining le power and supporting economic activities nationwide.

He added that rising electricity demand in Togo, driven by new consumers in industrial and commercial sectors as well as government efforts to expand access, has prompted the utility to seek higher volumes of Nigerian electricity. “In view of this development, C.E.E.T is strongly interested in increasing the volume of electricity it off-takes from NDPHC,” Barandao said.

In response, Adighije reaffirmed NDPHC’s readiness to deepen cooperation and maintain electricity exports to neighbouring countries. She highlighted that NDPHC operates multiple plants under the National Integrated Power Project capable of supporting expanded regional electricity supply.

Adighije emphasised that scaling up exports would require bankable and sustainable commercial arrangements including credible financial guarantees and structured payment mechanisms to reduce risks associated with cross border electricity trade. “A reliable payment framework will safeguard NDPHC’s interests and enable continued support for regional energy ility through power exports,” she said.

Both parties described the meeting as productive, pledging to continue engagements aimed at developing workable frameworks for increased electricity supply from Nigeria to Togo. Observers note that the move aligns with wider West African regional efforts under the Economic Community of West African States to strengthen electricity trade among member states and address persistent power shortages.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
EconomyPolitics

Nigerian Analyst Challenges US Assessment of Federal Fiscal Transparency

A prominent Nigerian legal practitioner and public affairs analyst has mounted a...

EconomyEntertainmentMetro

Mr Eazi’s Choplife Sets Up Base in Itana Digital Special Economic Zone to Scale African Creative Business

Nigerian musician turned entrepreneur Oluwatosin Ajibade, widely known as Mr Eazi, is...

Economy

Senate Issues 48 Hour Ultimatum to Four Oil Companies Over NEITI Audit Queries

Four major oil companies operating in Nigeria now face a critical deadline...

Economy

Inflation Data and Consumer Spending Take Center Stage as Markets Eye Fed Policy Shift

While many traders escape to summer vacations, financial markets face a pivotal...

EconomyWorld

UK economy shows resilience with expected second quarter growth despite Iran war pressures

Britain's economy is on track to deliver another quarter of growth despite...

Economy

Oklahoma Tribal Finance Leaders Celebrate Decade of Growth with Black Tie Masquerade Gala

Oklahoma's tribal finance leaders will don masks and formal attire this October...

Economy

Consumer Spending Slowdown Threatens Job Market Growth as Inflation Bites

America's job creation engine is losing steam as inflation weary consumers increasingly...

EconomyMetro

Senate probe into oil sector audit hits roadblock as CBN, NDDC and NUPRC skip hearing

A high stakes Senate investigation into Nigeria's oil and gas sector transparency...