Three weeks after President Bola Tinubu’s March 31st deadline to appointees with 2027 election to resign, Minister of Power, Mr Adebayo Adelabu, yesterday tendered his resignation to focus on his governorship ambition in Oyo State.
Special Adviser to the Minister on Strategic Communications and Media Relations, Mr Bolaji Tunji, made his resignation known in a statement yesterday in Abuja.
Tunji said the resignation letter dated April 22, was addressed to Tinubu and submitted to the Secretary to the Government of the Federation, Senator George Akume.
The statement indicated that Adelabu’s resignation said will take effect on April 30th.
According to the statement, “The Minister expressed deep appreciation to President Bola Tinubu for the opportunity to serve, describing his tenure as a privilege to contribute to national development.
Adelabu said that his decision aligned with the provisions of the Amended Electoral Act 2026, which precludes serving political office holders from contesting elections.
He further said that his gubernatorial aspiration dated back to 2016 during his tenure as Deputy Governor of the Central Bank of Nigeria.
In his three-page letter, Adelabu outlined key achievements recorded during his tenure, including the implementation of the Electricity Act 2023, which decentralised the electricity market and improved the investment climate.
He said that peak power generation rose to over 6,000 megawatts, driven by the integration of the Zungeru Hydropower Plant and the rehabilitation of thermal power plants.
Adelabu also said that transmission capacity was strengthened through grid upgrades under the Presidential Power Initiative, PPI.
He further cited notable improvements in the distribution segment, including enhanced regulatory oversight, improved revenue collection, and progress in reducing Aggregate Technical, Commercial and Collection, ATC&C, losses.
On the financial front, Adelabu said that tariff reforms and a four trillion Naira debt restructuring programme increased market revenues from one trillion Naira in 2023 to N2.3 trillion in 2025.
He said that it restored investor confidence and placed the sector on a path to sustainability.
Despite these gains, the minister acknowledged persistent challenges, including gas supply constraints, infrastructure vandalism, and the need for full commercialisation of the electricity value chain.
He, therefore, proposed key measures to sustain progress, which include the implementation of cost-reflective tariffs with targeted subsidies, recapitalisation of distribution companies.
”Others are accelerated nationwide metering, sustained transmission investments, and strengthened regulatory enforcement”, he said.
The Minister also recommended the creation of a coordinating minister for Energy to provide strategic oversight and ensure synergy across power, gas, water resources, and environmental sectors.
According to him, this approach is critical to improving gas supply for thermal generation, optimising hydroelectric resources, and accelerating renewable energy deployment.
Adelabu was appointed as the Minister of Power on Aug.16, 2023 by President Bola Tinubu.
NAN Editor Wins Global Media Award In Paris
An editor with the News Agency of Nigeria, NAN, Martha Agas, has won the Woman in Media Award at the 2026 Women Changing the World Global Summit and Awards in Paris, France.
Agas was announced winner yesterday following an independent assessment by an international panel of judges.
She had earlier been named among the five finalists in the category on March 9, after emerging from over 1,500 nominations submitted across 97 countries.
The award recognised her impactful work as a development journalist, using storytelling to amplify the voices of vulnerable and marginalised communities while drawing attention to critical social issues.
In the same category, Karen Sander received an honourable mention, while Kirsty Nancarrow emerged second runner-up and Sharon Swietek was named third runner-up.
Speaking during the presentation, the co-founder of the organisation, Katy Garner, congratulated Agas on the achievement and commended her for her outstanding contributions to the media industry.
NAN reports that the Women Changing the World Global Awards was established to recognise women making significant impact across communities, industries and countries worldwide.
Other award recipients include Sally Grice (Woman in Innovation), Glory Sujitha (Woman in Tech), and Adebola Ogungbadejo (Advocacy Impact Award).
Others are Stella Kikoyo (Gender Empowerment), Eunice Sari (Disability Leadership), and Jessica Hansen (Humanitarian Impact), among others. NAN
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