President Bola Tinubu has nominated Joseph Olasunkanmi Tegbe as the new minister of power, following the resignation of Adebayo Adelabu.

Mr Adelabu resigned from office to pursue his governorship ambition in Oyo State.

In a statement on Thursday, presidential spokesman, Bayo Onanuga, said the confirmation of Mr Tegbe as minister is subject to Senate screening in accordance with the constitution 

He stated, “Mr Tegbe, from Oyo State, is a fiscal and economic reform expert with over 35 years of experience spanning the public and private sectors. 

“He previously served as Senior Partner and Head of Advisory Services at KPMG Africa, where he led initiatives in fiscal policy reform, governance, and institutional transformation.”

Mr Tegbe currently serves as Director General and Global Liaison for the Nigeria-China Strategic Partnership (NCSP), overseeing bilateral development cooperation between Nigeria and China.

“The NCSP also coordinates engagements with public sector stakeholders to advance economic and social development in line with FOCAC objectives.

“Mr 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 (NERC) and the Nigerian Bulk Electricity Trading Company (NBET),” Mr Onanuga said.

He added that his appointment was expected to strengthen ongoing reforms in the power sector, improve grid stability, and attract sustainable investments in line with the administration’s Renewed Hope Agenda.

“The President expects the minister-designate, upon confirmation, to bring his extensive expertise to bear to advance critical reforms and deliver improved outcomes for Nigerians in the power sector,” he added.