Home Business Adelabu set to resign as power minister for gov ambition
Business

Adelabu set to resign as power minister for gov ambition

Share
Share



The Minister of Power, Chief Adebayo Adelabu, is set to resign his position after securing President Bola Tinubu’s consent to pursue his governorship ambition in Oyo State.

The PUNCH reports that the development followed a meeting between the minister and the president on Tuesday at the Presidential Villa, Abuja, where Adelabu presented a comprehensive briefing on his stewardship of the power sector over the past two and a half years.

A statement signed by his Special Adviser on Strategic Communications and Media Relations, Bolaji Tunji, on Tuesday, noted that a central highlight of the engagement was the presentation of the National Integrated Electricity Policy and its accompanying Strategic Implementation Plan.

The minister was said to have outlined 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.

The statement disclosed that the minister would soon step down from office.

It read, “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 the anticipated resignation, according to the statement, reflects efforts to ensure continuity in ongoing reforms.

“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,” Tunji said.

Recall that the president had earlier instructed all appointees who wanted to contest to resign on or before March 31.

The statement read that during the meeting with Tinubu, Adelabu presented a comprehensive report on his stewardship.

“During the meeting, 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,” it stated.

The statement further said that a central highlight of the engagement was the presentation of the National Integrated Electricity Policy and its accompanying Strategic Implementation Plan as well as the Medium-Long Term Integrated Resource Plan for the Power Sector to guide succession and sustainability.

Explaining the policy framework, the statement noted, “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.”

President Tinubu, according to the statement, commended the minister for his dedication and progress recorded 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 President also granted his consent and blessing for the minister to pursue his governorship ambition,” Tunji explained.

He added that the minister expressed appreciation to the president for his steadfast support and reaffirmed his commitment to the advancement of Nigeria’s power sector and overall national development.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Abia SMEs to witness expansion as OneWallet partner MTN, Zenith bank to provide digital financial services

From Okey Sampson, Umuahia Small and Medium Scale Enterprises (SMEs), including traders,...

Doctors Condemn EFCC Raid on Uyo Teaching Hospital

The Medical and Dental Consultants Association of Nigeria and the Association of...

Bagudu woos German investors, says FG’s reforms unlocking

Minister of Budget and Economic Planning, Abubakar Bagudu, has called on German...

Fans Mourn Late Nollywood Actor Alex Ekubo

Fans and followers of late Nollywood actor Alex Ekubo across social media...

news-1701

sabung ayam online

yakinjp

yakinjp

rtp yakinjp

slot thailand

yakinjp

yakinjp

yakin jp

yakinjp id

maujp

maujp

maujp

maujp

slot mahjong

SGP Pools

slot mahjong

sabung ayam online

slot mahjong

SLOT THAILAND

psda 438000021

psda 438000022

psda 438000023

psda 438000024

psda 438000025

psda 438000026

psda 438000027

psda 438000028

psda 438000029

psda 438000030

psda 438000031

psda 438000032

psda 438000033

psda 438000034

psda 438000035

psda 438000036

psda 438000037

psda 438000038

psda 438000039

psda 438000040

psda 438000041

psda 438000042

psda 438000043

psda 438000044

psda 438000045

psda 438000046

psda 438000047

psda 438000048

psda 438000049

psda 438000050

psda 438000051

psda 438000052

psda 438000053

psda 438000054

psda 438000055

psda 438000056

psda 438000057

psda 438000058

psda 438000059

psda 438000060

psda 438000061

psda 438000062

psda 438000063

psda 438000064

psda 438000065

cuaca 638000086

cuaca 638000087

cuaca 638000088

cuaca 638000089

cuaca 638000090

cuaca 638000091

cuaca 638000092

cuaca 638000093

cuaca 638000094

cuaca 638000095

cuaca 638000096

cuaca 638000097

cuaca 638000098

cuaca 638000099

cuaca 638000100

article 710000101

article 710000102

article 710000103

article 710000104

article 710000105

article 710000106

article 710000107

article 710000108

article 710000109

article 710000110

article 710000111

article 710000112

article 710000113

article 710000114

article 710000115

article 710000116

article 710000117

article 710000118

article 710000119

article 710000120

article 710000121

article 710000122

article 710000123

article 710000124

article 710000125

article 710000126

article 710000127

article 710000128

article 710000129

article 710000130

article 710000131

article 710000132

article 710000133

article 710000134

article 710000135

article 710000136

article 710000137

article 710000138

article 710000139

article 710000140

article 999990036

article 999990037

article 999990038

article 999990039

article 999990040

article 999990041

article 999990042

article 999990043

article 999990044

article 999990045

article 999990046

article 999990047

article 999990048

article 999990049

article 999990050

article 999990051

article 999990052

article 999990053

article 999990054

article 999990055

article 999990056

article 999990057

article 999990058

article 999990059

article 999990060

article 999990061

article 999990062

article 999990063

article 999990064

article 999990065

cuaca 898100116

cuaca 898100117

cuaca 898100118

cuaca 898100119

cuaca 898100120

cuaca 898100121

cuaca 898100122

cuaca 898100123

cuaca 898100124

cuaca 898100125

cuaca 898100126

cuaca 898100127

cuaca 898100128

cuaca 898100129

cuaca 898100130

cuaca 898100131

cuaca 898100132

cuaca 898100133

cuaca 898100134

cuaca 898100135

article 868100071

article 868100072

article 868100073

article 868100074

article 868100075

article 868100076

article 868100077

article 868100078

article 868100079

article 868100080

article 868100081

article 868100082

article 868100083

article 868100084

article 868100085

article 868100086

article 868100087

article 868100088

article 868100089

article 868100090

article 888000081

article 888000082

article 888000083

article 888000084

article 888000085

article 888000086

article 888000087

article 888000088

article 888000089

article 888000090

article 888000091

article 888000092

article 888000093

article 888000094

article 888000095

article 888000096

article 888000097

article 888000098

article 888000099

article 888000100

article 328000646

article 328000647

article 328000648

article 328000649

article 328000650

article 328000651

article 328000652

article 328000653

article 328000654

article 328000655

article 328000656

article 328000657

article 328000658

article 328000659

article 328000660

news-1701