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Ikeja Electric Explains How to Get Prepaid Metres via MAP

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Ikeja Electric Prepaid meter

By Modupe Gbadeyanka

As part of efforts to close the metering gap in the country, the federal government, through the Nigerian Electricity Regulatory Commission (NERC), came up with the Meter Asset Providers (MAPs).

This platform gives third-party companies licenced by the government to provide metres to customers of electricity in the country, and the scheme has since commenced on May 1, 2019.

One of the leading electricity distribution firms, Ikeja Electric, embraced the MAPs so as to serve its customers better and more efficiently.

The company, in its efforts to make the process of obtaining a prepaid metre hassle-free for its customers, has explained in simple terms how to go about it.

In its Frequently Ask Questions (FAQs) sector of its website, Ikeja Electric said, “In line with NERC regulations, customers are expected to pay for meters. The payment for the meter by the customer can either be upfront or in instalments.”

It further noted that a single-phase prepaid metre costs N38,850 and a three-phase meter costs N70,350. These are all inclusive of VAT.”

Ikeja Electric explained that, “Customers who cannot afford to pay for their meters upfront can pay in instalments. The instalment payment is by regulation referred to as the Monthly Metering Service Charge (MSC) and will continue until full amortization of the meter asset cost, as agreed with the MAPs.”

It stated that, “A meter is for one customer account only. However, customers with more than one account can have multiple meters.

Ikeja Electric also said for customers who made upfront payments for acquiring the metres, the meters will be provided and installed within 10 working days of the payment, and for payments in instalments, customers will be metered in line with the MAPs installation schedule.

It further said after installation, the meter would be processed for setup and activation within two days, and customers will be able to vend for energy using any of the IE payment channels.

On if customers will have to pay any additional charges for meter requests, Ikeja Electric simply said, “No. The total amount payable is as stated for single and three-phase meters, respectively. However, where a customer location does not have the right service wiring, customers will be advised to purchase one. This can be obtained from any licensed electricity vendor.”

On how customers can pay for the MAP Meters, the firm said, “All payments for meters should be made into the authorised bank account to be advised by the MAP. No customer should pay cash for meters to any individual.”

Commenting on how to obtain the prepaid metres, Ikeja Electric advised customers to complete or update their details by visiting http://map.ikejaelectric.com/. It also said customers could send an email to Cu**********@***********ic.com or call on any of 01-448-3900, 01-700-0250 and 0700-022-5543 for further information.

On if a customer decides not to get a meter, the company stressed that, “The regulation stipulates that all unmetered customers must be metered under the MAP scheme. Customers who refuse meters will be denied service by the distribution company,” adding that all meters will be procured and installed via MAPs.

Speaking on customers having unsettled post-paid bill before applying for a meter, the electricity firm advised that the bill be cleared by taking advantage of the various repayment options available during the KYC process.

“Outstanding balance can also be rolled over into the customer’s prepaid account and paid in instalments in line with IE’s instalment plans,” it said.

Answering question as to whether the Meter Service Charge (MSC) is the same as the Suspended Fixed Charge, the company said, “MSC is not the same as the Suspended Fixed Charge (CFC), noting that the MSC is the monthly repayment of the cost of the meter over a period of time.

On the event of customer’s relocation to another apartment after paying for the meters, Ikeja Electric said if the relocation is within its franchise area, the customer is expected to notify the DisCo and once notified, the company will transfer the service to the new location including the credit on the customer’s account.

“Customers are not allowed to remove their meters from their locations,” Ikeja Electric emphasised.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Yusuf Tuggar Steps Down as Foreign Minister Over 2027 Political Ambition

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Yusuf Tuggar

By Adedapo Adesanya

Nigeria’s Minister of Foreign Affairs, Mr Yusuf Tuggar, has resigned from his position, in line with the directive that government appointees seeking political offices must resign before March 31.

Business Post reports that the diplomat is eyeing a governorship ambition in Bauchi State ahead of the 2027 general elections.

Mr Tuggar’s resignation was confirmed in a statement by the ministry’s spokesperson, Mr Kimiebi Ebienfa, on Monday.

Mr Tuggar submitted his resignation letter on Monday, barely 24 hours before the deadline set by President Bola Tinubu, which directs all political appointees under his administration seeking to contest elective offices in the 2027 elections to resign before March 31.

The directive is in line with Section 88(1) of the Electoral Act, 2026, and the timetable released by the Independent National Electoral Commission for party primaries ahead of the 2027 polls.

With this development, more resignations are expected before the March 31 deadline as appointees seeking elective offices move to meet the stipulated deadline.

Earlier today, the Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria (FMBN), Mr Nasiru Gawuna, formally resigned from his position to join the African Democratic Congress (ADC) with his sights on the Kano governorship ticket.

Mr Tuggar’s resignation comes amid the speculation of his interest in contesting the 2027 Bauchi State governorship election on the platform of the All Progressives Congress (APC).

The 59-year-old is a seasoned diplomat, policymaker, and political figure who was appointed as minister by President Bola Tinubu in August 2023.

Born on March 12, 1967, he has built a distinguished career spanning diplomacy, politics, energy, and strategic consulting.

He is widely regarded for his role in shaping Nigeria’s global engagement and advancing its foreign policy priorities.

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Lagos to Deepen Private Sector Collaboration for Sustainable Urban Development

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Irele Tower

By Aduragbemi Omiyale

The Lagos State government has promised to sustain its collaboration with private sector players to drive sustainable urban development, create jobs, and position Lagos as a leading hub for commerce and industry in Africa.

This assurance was given by the state governor, Mr Babajide Sanwo-Olu, at the commissioning of Irele Tower last Thursday.

The nine-storey facility is the first commercial building within the Lagos Free Zone (LFZ). It is EDGE-certified, which sets a new standard for sustainable workspace in Lekki, Nigeria’s fastest-growing economic corridor.

Irele Tower is designed to host office and retail activities in the Lekki economic corridor. It was built for efficiency with 26 per cent less energy and 46 per cent less water consumption. It is an eco-friendly building, with the design inspired by maritime architecture, reflecting its proximity to the Lekki Deep Sea Port.

Mr Sanwo-Olu described the delivery of the Irele Tower as a significant milestone in the development of the economic zone in line with the agenda of making Lagos a 21st-century economy by boosting economic growth to support the state’s developmental plans.

According to him, the facility is critical to unlocking the full potential of the Ibeju-Lekki axis of the economic zone, particularly given the presence of the Lekki Deep Sea Port and other major industrial investments within the Lagos Free Zone.

“The commissioning of Irele Tower is a clear demonstration of what can be achieved through strong collaboration between the public and private sectors. This development not only enhances the infrastructure profile of the Lagos Free Zone but also strengthens our vision of making Lagos a premier destination for investment and economic activities.

“We will continue to support initiatives that promote industrial growth, create employment opportunities, and improve the overall business environment in our state,” he said.

In her remarks, the chief executive of LFZ, Ms Adesuwa Ladoja, stated that the development reflects the zone’s commitment to creating an integrated ecosystem where businesses can thrive, supported by modern infrastructure, a strategic location, and efficient logistics.

“The commissioning of Irele Tower represents a defining milestone in our journey to build a world-class industrial and commercial hub. This development reflects our commitment to providing high-quality infrastructure that supports ease of doing business and enhances operational efficiency for our tenants.

“As the first commercial tower within the Lagos Free Zone, Irele Tower, sets a new benchmark for quality workspace in this corridor and reinforces our position as a preferred destination for investment and enterprise,” she added.

Irele Tower sits on a gross floor area of approximately 12,000 square metres. It offers modern workspaces tailored to evolving business needs. The facility also offers premium amenities, including office spaces, retail outlets, parking facilities, shared workspaces, and a rooftop cafeteria, creating a dynamic, integrated business environment.

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FMBN Chairman Gawuna Resigns Ahead of March 31 Deadline

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Nasiru Gawuna

By Adedapo Adesanya

The Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria (FMBN), Mr Nasiru Gawuna, has formally resigned from his position, obeying a directive that requires office holders with political ambitions to step down before March 31, 2026.

Mr Gawuna, a former governorship candidate of the All Progressives Congress (APC) in Kano State, submitted his resignation in a letter dated March 27, 2026. In the letter, he stated that his decision takes immediate effect and is in compliance with directives issued by President Bola Tinubu.

He is expected to formally announce his move to the African Democratic Congress (ADC) on Tuesday alongside Mr Rabiu Musa Kwankwaso, a prominent political figure and former Governor of Kano, who resigned from the New Nigeria People’s Party (NNPP).

The former governor of Kano and senator rose to prominence through his grassroots-oriented Kwankwasiyya Movement, which has played a decisive role in shaping electoral outcomes in Kano. His political journey has seen him move across major parties before leading the NNPP into the 2023 general elections, where he maintained significant influence in the North-West state.

“My resignation is in strict compliance with the President’s directive requiring all political appointees to step down in accordance with the provisions of the Electoral Act,” Mr Gawuna wrote.

In his resignation letter, Mr Gawuna expressed appreciation for the opportunity to serve under the current administration, describing his tenure as both an honour and a privilege.

“I am profoundly grateful to His Excellency, President Bola Ahmed Tinubu, for the confidence reposed in me to serve. It has been a privilege to contribute to the growth and development of the Federal Mortgage Bank of Nigeria and our great country,” he stated.

He also struck a reflective tone regarding his future, adding, “I place my future in the hands of Allah (SWT) and seek His divine guidance in all my endeavours.”

Mr Gawuna assured stakeholders of a seamless transition process, noting that he would hand over responsibilities in line with established procedures.

“I remain committed to ensuring a smooth and orderly handover in accordance with all laid-down directives,” he said.

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