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MAP: DisCos Process 250,000 Applications for Prepaid Meters

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Prepaid Meters DisCos

By Dipo Olowookere

Not less than 250,000 applications for prepaid meters have been received and processed so far by distribution companies (DisCos) across the country under the Meter Asset Provider (MAP) Regulation of 2018.

The MAP policy was created by federal government through the Nigerian Electricity Regulatory Commission (NERC) to close the current metering gap of about 5.3 million consumers.

Nigeria’s Vice President, Mr Yemi Osinbajo, while speaking at the commissioning projects of Niger Delta Power Holding Company (NDPHC) in Abeokuta on Thursday, August 15, 2019, said efforts were being made to ensure all unmetered electricity consumers are reached.

“On May 1 2019, MAPs, commenced meter rollout; over 250,000 applications have been received and processed by DisCos to date and of course, that is then supposed to be forwarded to MAPs for installation.

“This figure is expected to quadruple by the end of 2019, and double by the end of 2020, largely closing the current metering gap of about 5.3 million consumers,” the Vice President said.

However, he stressed that the DisCos were underperforming, saying that they lack the capacity to supply power to end users because of infrastructure.

“Despite the availability of 8,000MW of generation and 7,000MW of transmission capacity, the lack of DisCos’ infrastructure to absorb and deliver grid power to end users has largely restricted generation to an average of about 4,000MW and sometimes falling below 4,000MW.

“Apart from the lack of infrastructure is the inability of DisCos, first, to provide distribution assets generally and also metering, and you have heard what the MD of TCN said about the unavailability of distribution assets, there is also the unavailability to provide metering to consumers.

“In resolving this issue, the Federal Government stepped in through the Nigerian Electricity Regulatory Commission’s (NERC) Meter Asset Provider (MAP) Regulation of 2018. This is essentially regulation to provide metering, through independent or third parties to consumers all across Nigeria,” he said.

According to the Vice President, “In the past few years, resolving the power supply problem has been top priority for the Federal Government of Nigeria.”

He said, “Today, we have about 13,427MW of installed capacity, and an available capacity of about 8,342MW. This was achieved through the efforts of government and its private sector partners in the rehabilitation and commissioning of turbines in Shiroro, Egbin, Delta Power, Sapele and Gbarain.

“Before the end of the year, new generation is expected from Gbarain and an extra 115 MW; Kashimbilla (40 MW); Afam III Fast Power (240 MW); Gurara (30 MW); Dadin Kowa (29 MW); and Kaduna (215 MW).”

Mr Osinbajo stated that, “In the long term, several solar plants will come on stream. The national grid already has the capacity to transmit 7,000MW, an increase from less than about 5,000MW in 2015 and this is due to the completion and improvement of several transmission projects.

“We have been told by the MD of NDPHC, Mr Chiedu Ugbo, the completion of projects already done by TCN, like the Ikot Ekpene switching station and the completion of the Ikot Ekpene-Ugwuaji-Makurdi-Jos loop, which was done by the NDPHC in 2017.

“But distribution capacity in the 11 DisCos are significantly low, hovering at around 4,000MW on average with a peak of about 5,400MW.”

He described the commissioning of Thursday’s projects as “an important part of the federal government’s efforts to improve the supply and quality of power to homes and businesses in Nigeria.”

According to him, it was part of efforts to open up the space for private sector into the power sector to open up the market to satisfy energy consumers in the country.

“The whole idea of it is to create a regime whereby there can be more willing-buyer-willing seller arrangements. It is in my view completely impossible, to satisfy Nigeria’s power demands from the national grid alone.

“There must be independent power suppliers and this why we have all these regulations for micro-grid and other willing-buyer-willing-seller arrangements and that is the way by which we can go forward and ensure that we are able to serve many of the unserved and underserved communities that we have today.

“These polices when fully implemented, will enable the opening up of the market to new investors in generation, transmission and distribution infrastructure, transacting directly with each other, to serve willing customers and this is the way which the Federal Government will proceed to ensure that we increase some more opportunities to existing DisCos and to other investors who may wish to serve Nigeria’s huge power market, which of course, at the moment is terribly underserved,” he said.

Mr Osinbajo said, “Federal Government is committed to ensuring that we have adequate power supply both in our home and also in our various places of business.

“Power supply is the life blood of any economy and we will remain committed to ensuring that power supply is adequate everywhere.

“Just as you heard, it is certainly not going to be a short walk, but as we have seen, from all what we have heard so far, there so much to be done and we are committed to doing it.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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IWD: Akanbi-Alade of Pathway Holdings Urges Stronger Inclusion of Women in Finance

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Dolapo Akanbi-Alade Pathway Holdings

By Adedapo Adesanya

The Executive Director/GCOO of Pathway Holdings Limited, Mrs Dolapo Akanbi-Alade, has called for increased inclusion of Nigerian women in finance as the world marks International Women’s Day 2026.

International Women’s Day 2026 is marked every March 8, and this year’s theme is Give To Gain.

In a statement shared with Business Post, Mr Akanbi-Alade noted that while International Women’s Day highlights the need for gender equality, significant progress requires deliberate policies and systems that expand women’s access to finance and leadership opportunities.

She emphasised that many Nigerian women and women-led businesses still face limited access to finance, highlighting the urgent need for targeted inclusion initiatives.

“At Pathway Holdings, we empower women and give access to investment advisory, asset management, and lending solutions for institutions, high-net-worth individuals, and businesses. Ensuring that women and women-led enterprises can access these opportunities is critical to building a more inclusive financial system,” she added.

Mrs Akanbi-Alade said, “Women’s access to finance is not only a social responsibility but essential for national productivity and economic growth’’. She co-founded the following companies:

Pathway Asset Management Limited is registered and regulated by the Securities and Exchange Commission, Nigeria, as a Fund and Portfolio Manager. The product range includes Pathway Fixed Deposit Notes, Privately Managed Notes, Pathway Private Portfolio Management, Investment Advisory, and Mutual Funds, which will be launched soon.

Pathway Advisors Limited is registered and regulated by the Securities and Exchange Commission (SEC) as an Issuing House and financial adviser. Pathway Advisors’ services cover Mergers and Acquisitions (M&A), Capital-Raising, Financial Advisory, Rating Advisory, and Project and Structure Finance.

Fundbox Financial Services Limited is a wholly owned micro-lending company providing short-term personal and SME finance loans to salaried individuals, self-employed personnel, and small businesses. They offer services which include Cars4Cash, SME Loans, Personal Loans, and Group Employee Loans. Fundbox has successfully disbursed a wide range of loans to both corporate and individual clients, supporting their financial needs and business growth.

Pathway Holdings Limited is a notable investment holding firm focusing on private market investments, including private equity, private credit, and infrastructure. Pathway creates customised investment solutions for institutional investors and individuals, leveraging its extensive experience and local footprint.

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Ambassadors: Tinubu Moves Kayode Are to US, Omokri to Mexico, FFK to Germany

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reno omokri mexico

By Adedapo Adesanya

President Bola Tinubu has approved the postings of 65 ambassadors-designate and high commissioners to various countries and the United Nations, including the former head of the Department of State Services (DSS), Mr Lateef Kayode Are, who is to serve in the United States.

The Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed on Friday that 31 non-career and 34 career ambassadors have been assigned to their duty posts.

The Senate had confirmed all 65 nominees in December 2025 following screening by the Committee on Foreign Affairs.

The Ministry of Foreign Affairs has been directed to immediately commence an induction programme for the envoys, who will assume duties after receiving agrément from their host countries.

Below is the full list of postings:

NON-CAREER AMBASSADORS

1. Senator Grace Bent — Togo (Lomé)

2. Senator Ita Enang — South Africa

3. Ikpeazu Victor — Spain

4. Nkechi Linda Ufochukwu — Israel (Tel Aviv)

5. Mahmud Yakubu — Qatar

6. Paul Oga Adikwu — Vatican City Holy See

7. Vice Admiral Ibok-Ete Ekwe Ibas — Philippines

8. Reno Omokri — Mexico

9. Engr. Abasi Braimah — Hungary (Budapest)

10. Mrs Erelu Angela Adebayo — Portugal

11. Barr. Oluwayimika Ayotunwa — Japan (Tokyo)

12. Ifeanyi Lawrence Ugwuanyi — Greece (Athens)

13. Barr. Chioma Priscilla Ohakim — Poland (Warsaw)

14. Aminu Dalhatu — United Kingdom (High Commissioner)

15. Lt. Gen. Abdulrahman Bello Dambazau — China (Beijing)

16. Tasiu Musa Maigari — Gambia

17. Olufemi Pedro — Australia

18. Barr. Muhammed Ubandoma Aliyu — Argentina

19. Lateef Kayode Are — United States

20. Amb. Joseph Sola Iji — Russia

21. Senator Jimoh Ibrahim — United Nations (Permanent Representative)

22. Femi Fani-Kayode — Germany

23. Prof. Isaac Folorunso Adewole — Canada (Ottawa)

24. Fatima Florence Ajimobi — Austria

25. Mrs Lola Akande — Sweden

26. Ayodele Oke — France

27. Yakubu N. Gambo — Saudi Arabia

28. Senator Prof. Nora Ladi Daduut — South Korea (Seoul)

29. Barr. Joe-Kyari Okocha, SAN — Ireland (Dublin)

30. Dr Kulu Haruna Abubakar — Tunisia (Tunis)

31. Hon. Jerry Samuel Manwe — Trinidad and Tobago (Port of Spain)

CAREER AMBASSADORS

32. Ambassador Nwabiola Ezenwa Chukwumeka — Côte d’Ivoire

33. Besto Maimuna Ibrahim — Niger (Niamey)

34. Monica Okwuchukwu Enebechi — São Tomé and Príncipe

35. Ambassador Mohammed Mahmud Lele — Algeria (Algiers)

36. Endoni Syndoph Paebi — Burkina Faso (Ouagadougou)

37. Ahmed Mohammed Monguno — Egypt (Cairo)

38. Ambassador Jane Adams — Jamaica (Kingston)

39. Ambassador Clark-Omeru Alexandra — Zambia (Lusaka)

40. Chima Geoffrey Lioma David — Mali (Bamako)

41. Ambassador Odumah Yvonne Ehinosen — Equatorial Guinea (Malabo)

42. Ambassador Wasa Segun Ige — Lebanon (Beirut)

43. Ruben Abimbola Samuel — Italy (Rome)

44. Ambassador Onaga Ogechukwu Kingsley — Mozambique (Maputo)

45. Ambassador Magaji Umar — DR Congo (Kinshasa)

46. Ambassador Muhammad Saidu Dahiru — India (New Delhi)

47. Ambassador Abdussalam Habu Zayyad — Senegal (Dakar)

48. Ambassador Shehu Ilu Barde — Ghana (Accra)

49. Ambassador Aminu Nasir — Ethiopia

50. Abubakar Musa — Chad (N’Djamena)

51. Ambassador Haidara Mohammed Idris — Netherlands (The Hague)

52. Ambassador Bako Adamu Umar — Morocco (Rabat)

53. Ambassador Sulu Gambari Olatunji Ahmed — Malaysia

54. Ambassador Romata Mohammed Omobolanle — Tanzania

55. Ambassador Shaga John Shamah — Botswana

56. Hamza Mohammed Salau — Iran (Tehran)

57. Ambassador Ibrahim Danlami — Kenya

58. Ibrahim Adeola Mopelola — Benin (Cotonou)

59. Ambassador Ayeni Adebayo Emmanuel — Belgium (Brussels)

60. Ambassador Akande Wahab Adekola — Switzerland (Berne)

61. Ambassador Arewa Esther — Namibia (Windhoek)

62. Ambassador Gergadi Joseph John — Gabon (Libreville)

63. Ambassador Luther Ogbomode Ayo-Kalata — Sierra Leone

64. Danladi Yakubu Nyaku — Sudan (Khartoum)

65. Bello Dogon-Daji Haliru — Thailand (Bangkok)

Mr Onanuga noted that the Ministry of Foreign Affairs has already received agrément from the United Kingdom for High Commissioner-designate Aminu Dalhatu, and from France for Ambassador Ayodele Oke.

Nominations of the remaining 62 envoys have been conveyed to their respective host countries pending agreement.

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In Celebration of International Women’s Month, CANAL+ and MultiChoice Celebrate African Women

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CANAL+ and MultiChoice

Across Africa and beyond, women continue to shape and elevate the stories that define our societies. In celebration of International Women’s Month, CANAL+ pays tribute to the storytellers, athletes, mothers, creators, leaders and icons whose voices inspire millions of households across the continent.

The African entertainment industry is driven by women, actresses, directors, screenwriters and producers who bring depth and authenticity to every production. From captivating telenovelas and popular comedies to powerful drama series, female talent remains at the heart of the stories most loved by viewers on CANAL+ Group of channels. In sport, women redefine competition and excellence – on the field, behind the mic or in leadership. From football to tennis and athletics, women in sport don’t just participate, they elevate the game and inspire the next generation.

CANAL+ and its subsidiary MultiChoice have chosen to celebrate them through a dedicated campaign: “We are… because she is.” A 90-second spot, produced in both French and English versions, will be broadcast on the Group’s channels and social media platforms in more than 35 countries across Africa.

Watch the promo below

Throughout International Women’s Month, DStv and GOtv will spotlight female‑led films, series, reality shows and global cultural moments that reflect the brilliance and complexity of modern womanhood.

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