Power Minister Adelabu set to quit FEC for Oyo governorship bid
Power Minister Adebayo Adelabu was last night at the Presidential Villa, where he submitted his Performance Report and told President Bola Ahmed Tinubu of his plan to quit the cabinet.
- Minister submits performance report
Power Minister Adebayo Adelabu was last night at the Presidential Villa, where he submitted his Performance Report and told President Bola Ahmed Tinubu of his plan to quit the cabinet.
He also told him of his plan to seek the governorship ticket of the All Progressives Congress (APC) in Oyo State.
He is expected to resign in the next few days, according to a statement from his office.
The performance report contains a comprehensive detail of his stewardship in the power sector over the past two and a half years.
The minister’s Media Adviser, Bolaji Tunji, last night, said the minister outlined key milestones recorded under his leadership as Power minister.
The milestones include efforts to stabilise electricity generation, strengthen transmission capacity, and implement reforms aimed at enhancing efficiency and service delivery across the power sector value chain.
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The statement quoted President Tinubu as commending 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 reads: “The President also granted his consent and blessing for the Minister to pursue his governorship ambition.
“In view of this development, Chief Adebayo Adelabu is expected to resign his position as Minister of Power in the coming days.
“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 governorship aspiration in Oyo State.”
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.
The statement further reads: “A central highlight of the engagement 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”.
