Managing Director of the Transmission Company of Nigeria, Usman Mohammed, revealed that the initial debts were as high as $100 million. According to Channels TV, the countries paid off their off part of their debts of the sum of $84m remaining only $14m and less than $2m respectively.
According to Usman Mohammed, he said;
“When I took over as MD TCN, both Benin and Togo owed Nigerian more than $100 million.
“They paid part of what they consumed and out of the debts, it is remaining only $14 million for Benin. Niger owes less than $2 million and we are not leaving them.”
