Social infrastructure – including financial systems, energy networks, education, and healthcare — forms the foundation of modern economies.
SPECIAL REPORT: Farmers feeling the brunt as kidnappers lay siege to Kwara communitiesNo Place To Call Home: Lost childhoods of Sokoto’s displaced childrenSupporting Dads: Flexible jobs help Nigerian men attend antenatal careNaira-for-crude: The steady progress, By Aderonke AtoyebiThe Club World Cup: Becoming more competitive and entertaining than expected, By Yusuf BanguraSPECIAL REPORT: Farmers feeling the brunt as kidnappers lay siege to Kwara communitiesNo Place To Call Home: Lost...
In 2021, I founded Gapcredit, a microcredit institution focused on addressing these barriers in Nigeria. As CEO, I led Gapcredit’s strategy, operations, and partnerships. Our mission was clear: empower underserved traders and small businesses by providing tailored, accessible financing solutions.We served more than 4,000 unique borrowers across states including Lagos, Abuja, and Oyo – focusing on rural and peri-urban communities often excluded from formal finance.
Despite oil and gas wealth, development was uneven, and environmental degradation was common. These experiences shaped my determination to explore how resource wealth could be better harnessed for inclusive growth.In 2022, I transitioned to the US to pursue an MBA focused on sustainable energy, building on my oil and gas experience. This path led me to LS Power, a private equity firm engaged in both conventional and renewable energy investments.
At Gapcredit, we piloted exploratory partnerships with solar providers, offering microloans for energy products. Early results showed borrowers reduced reliance on costly diesel generators, extended working hours, and improved productivity.Accelerate gas infrastructure to fuel existing underutilised power assets.Support public-private partnerships that bundle microcredit and energy solutions.Social infrastructure is the foundation for inclusive development.
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