The minister of power, Bayo Adelabu, is set to resign from his position “in the coming days” as he prepares to contest the Oyo state governorship election ahead of the 2027 general polls.
Tunji Bolaji, his special adviser on strategic communications and media relations, disclosed that Adelabu had informed President Bola Tinubu of his decision during a meeting on Tuesday, with the president giving his approval.
“In view of this development, Chief Adebayo Adelabu is expected to resign his position as Minister of Power in the coming days,” the statement said.
“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 the meeting, Adelabu presented his achievements in office, including the National Integrated Electricity Policy and its Strategic Implementation Plan, as well as the Medium-Long Term Integrated Resource Plan aimed at ensuring continuity and sustainability in the power 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 was appointed minister of power on August 16, 2023, and assumed office on August 21, 2023.
He previously served as deputy governor of operations at the Central Bank of Nigeria.