Politics

Adelabu set to resign as Power Minister for Oyo guber contest 

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Minister of Power, Adebayo Adelabu, has announced readiness to resign from President Bola Ahmed Tinubu’s cabinet in the coming days to join the race for Oyo State governorship seat.

The development follows the Minister’s meeting with President Tinubu on Tuesday at the Presidential Villa, Abuja, where he presented a comprehensive report on his stewardship of the power sector over the past two and a half years.

In a statement signed by his Special Adviser on Strategic Communications and Media Relations, Tunji Bolaji, and made available to Tribune Online Tuesday nightAdelabu explained that delaying his resignation was due to commitment to addressing key sectoral challenges and ensuring continuity in ongoing reforms before exiting office.

“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 gubernatorial aspiration in Oyo State,” the statement declared.

On meeting with the President, the statement explained that 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 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 statement added.

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.

The Minister added by expressing his 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.

In his response, the President commended the progress recorded in the power sector under Adelabu’s leadership while also granting his consent for the power minister to pursue his Oyo governorship ambition.

“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 President also granted his consent and blessing for the Minister to pursue his governorship ambition,” the statement added.

tribuneonline.ng

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