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Power Minister Adelabu Gets Tinubu’s Approval To Resign

Nse Anthony-Uko by Nse Anthony-Uko
2 months ago
in Politics
Adelabu Tinubu
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The Minister of Power, Chief Adebayo Adelabu, has secured President Bola Tinubu’s approval for his intended resignation and gubernatorial aspiration in Oyo State, thus expected to resign his appointment as Minister of Power in the coming days.

This development was disclosed by the Special Adviser on Strategic Communications and Media Relations to the Minister of Power,
Tunji Bolaji in a statement on Wednesday.

He explained that the timing of his anticipated resignation reflects his commitment to addressing key sectoral challenges and ensuring continuity in ongoing reforms prior to exiting office.

According to him, this includes efforts to stabilise the sector following recent declines in power generation due to gas supply constraints to power plants, ongoing pipeline repairs, and outstanding obligations to gas suppliers, as well as the need to secure the President’s approval for his intended resignation and gubernatorial aspiration in Oyo State.

Bolaji disclosed that the Minister expressed profound appreciation to the President for his steadfast support and reaffirmed his commitment to the advancement of Nigeria’s power sector and overall national development.

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He revealed that while meeting with President Tinubu on Tuesday, at the Presidential Villa, Abuja, Adelabu presented a comprehensive report of his stewardship of the power sector over the past two and a half years.

He mentioned that during the meeting, the Minister outlined key milestones recorded under his leadership, including efforts to stabilise electricity generation, strengthen transmission capacity, and implement reforms aimed at enhancing efficiency and service delivery across the power sector value chain.

A central highlight of the engagement, according to him, was the presentation of the National Integrated Electricity Policy (NIEP) and its accompanying Strategic Implementation Plan (SIP) as well as the Medium-Long Term Integrated Resource Plan for the Power Sector to guide Succession and Sustainability.

The NIEP is a comprehensive policy framework designed to guide the sustainable development of Nigeria’s electricity sector. It provides a long-term roadmap for achieving energy security, expanding electricity access, integrating renewable energy, and building a more resilient and efficient power sector.

The Strategic Implementation Plan (SIP) serves as the operational blueprint for the NIEP, detailing specific actions, timelines, and institutional responsibilities required to translate policy objectives into measurable outcomes.

The SIP prioritises critical interventions across generation, transmission, and distribution, while also addressing regulatory reforms, investment mobilisation, human capacity and local content development within the sector.

President Tinubu commended the Minister for his dedication and the progress recorded, particularly in laying a strong policy foundation for the transformation of the power sector.

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Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

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