The Minister of Power, Bayo Adelabu, is expected to step down from his role in the coming days as he prepares to contest the Oyo State governorship election ahead of 2027.
His Special Adviser on Strategic Communications and Media Relations, Tunji Bolaji, disclosed that the minister had already informed President Bola Tinubu of his intention to resign during a meeting on Tuesday, where he also received the president’s backing.
“In view of this development, Chief Adebayo Adelabu is expected to resign his position as Minister of Power in the coming days,” the statement read.
Bolaji noted that the timing of the planned exit reflects Adelabu’s intention to consolidate ongoing reforms in the power sector before leaving office.
“The timing of his anticipated resignation reflects his commitment to addressing key sectoral challenges and ensuring continuity in ongoing reforms prior to exiting office.
“Notably, 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.”
During his meeting with the president, Adelabu presented his achievements in office, including policy frameworks such as the National Integrated Electricity Policy (NIEP), its Strategic Implementation Plan (SIP), and the Medium-Long Term Integrated Resource Plan aimed at sustaining reforms in 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,” the statement added.
“The President also granted his consent and blessing for the Minister to pursue his governorship ambition.
“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.”
Adelabu, a former deputy governor of operations at the Central Bank of Nigeria, was appointed minister by President Tinubu on August 16, 2023, and assumed office shortly after the cabinet’s inauguration.
