President Bola Tinubu has nominated Mr. Joseph Olasunkanmi Tegbe as the new Minister of Power, subject to confirmation by the Senate.
The nomination was announced on Thursday in a statement issued by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.
According to the statement, Tinubu has transmitted Tegbe’s nomination to the Senate for screening and confirmation in line with constitutional provisions.
The development followed the resignation of the former Minister of Power, Adebayo Adelabu, who stepped down from office to pursue elective office in Oyo State.
Tegbe, who hails from Oyo State, is described as a fiscal and economic reform expert with more than 35 years of experience across the public and private sectors.
He is a former Senior Partner and Head of Advisory Services at KPMG Africa, where he led major initiatives in fiscal policy reform, institutional transformation and governance.
The statement noted that Tegbe had also advised key government institutions and private sector organisations on strategic reforms, regulatory frameworks and investment structuring.
He currently serves as the Director General and Global Liaison for the Nigeria-China Strategic Partnership, where he is responsible for strengthening bilateral development cooperation between Nigeria and the People’s Republic of China.
The Nigeria-China Strategic Partnership also coordinates engagements with public sector stakeholders to advance economic and social development in line with the objectives of the Forum on China-Africa Cooperation.
According to the Presidency, Tegbe’s experience includes significant engagements within the power sector, particularly in regulatory and institutional reform involving agencies such as the Nigerian Electricity Regulatory Commission and the Nigerian Bulk Electricity Trading Company.
The Presidency said his nomination is expected to further strengthen ongoing efforts to reform the power sector, improve grid stability and attract sustainable investment under the Renewed Hope Agenda.
“His nomination is expected to strengthen further ongoing efforts to reform the power sector, enhance grid stability, and attract sustainable investment in line with the Renewed Hope Agenda,” the statement said.
Tinubu said he expects the ministerial nominee, if confirmed by the Senate, to bring his extensive experience to bear in advancing critical reforms and delivering improved outcomes for Nigerians in the power sector.