President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as the new Minister of Power, following the resignation of Adebayo Adelabu, who stepped down to pursue his governorship ambition in Oyo State ahead of the 2027 elections .
A statement issued on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, confirmed that the nomination has been transmitted to the Senate for screening and confirmation in accordance with the Constitution .
An Economic Reforms Expert
Tegbe, an indigene of Oyo State, is a fiscal and economic reform expert with over 35 years of experience spanning the public and private sectors . He is a former Senior Partner and Head of Advisory Services at KPMG Africa, where he led initiatives in fiscal policy reform, institutional transformation, and governance .
He has advised key government institutions and private sector organisations on strategic reforms, regulatory frameworks, and investment structuring. He currently serves as Director-General and Global Liaison for the Nigeria-China Strategic Partnership (NCSP) , coordinating bilateral development cooperation with the People’s Republic of China .
Power Sector Experience
Tegbe’s professional background includes significant engagement within the power sector, particularly in regulatory and institutional reforms involving agencies such as the Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Bulk Electricity Trading Company (NBET) .
According to Onanuga, the President expects the minister-designate, upon confirmation, to bring his extensive expertise to bear on ongoing power sector reforms, enhance grid stability, and attract sustainable investment in line with the Renewed Hope Agenda .
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