President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Nigeria’s Minister of Power, subject to confirmation by the Senate.

The nomination has been formally transmitted to the Senate for screening and approval in line with constitutional requirements. It follows the resignation of the former Minister of Power, Adebayo Adelabu, who stepped down to pursue elective office.

Mr Tegbe, an indigene of Oyo State, brings over 35 years of experience spanning both the public and private sectors, with a strong background in fiscal policy, economic reform, and institutional development.

He previously served as Senior Partner and Head of Advisory Services at KPMG Africa, where he led major assignments in governance reform, regulatory restructuring, and public sector transformation across several African economies.

Beyond his private sector experience, Tegbe has advised government institutions and private organisations on investment structuring, policy reforms, and regulatory frameworks aimed at improving efficiency and attracting capital.

He currently serves as Director-General and Global Liaison for the Nigeria-China Strategic Partnership (NCSP), where he coordinates bilateral development initiatives between Nigeria and China. The role also involves engagement with public sector stakeholders to advance economic cooperation in line with the Forum on China-Africa Cooperation (FOCAC) objectives.

Within the power sector, Tegbe has been involved in advisory engagements related to regulatory and institutional reforms, working with agencies such as the Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Bulk Electricity Trading Company (NBET).

His nomination is expected to support ongoing reforms in the electricity sector, particularly in improving grid stability, strengthening governance structures, and attracting long-term investment under the administration’s Renewed Hope Agenda.

If confirmed by the Senate, President Tinubu expects him to deploy his experience to accelerate reforms and improve power supply outcomes across the country.

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The Minister of Power, Adebayo Adelabu, has resigned from his position to pursue his governorship ambition in Oyo dtate.

In a resignation letter dated April 22, 2026, and addressed to President Bola Ahmed Tinubu, Adelabu stated that his resignation would take effect on April 30, 2026, to allow for a smooth transition.

He wrote, “I write with a deep sense of honour and profound gratitude to formally tender my resignation as the Honourable Minister of Power of the Federal Republic of Nigeria.”

Adelabu added that the resignation timeline was set to ensure an orderly handover of duties.

He stated, “This resignation is to take effect on 30th April 2026, in order to allow sufficient time for a smooth and orderly handover of responsibilities.”

Adelabu expressed appreciation to the President for the opportunity to serve, describing his appointment as a privilege.

“Your Excellency, I remain sincerely grateful for the privilege and confidence you reposed in me by appointing me to serve our great nation in this capacity,” he wrote.

Adelabu explained that his decision to step down was to enable him concentrate fully on his governorship ambition in Oyo State.

He noted, “My decision to step down is informed by my intention to focus fully on my gubernatorial ambition in Oyo State.”

Adelabu added that his governorship ambition dates back to 2016 during his tenure as deputy governor of the Central Bank of Nigeria, noting that he previously resigned from the apex bank in 2018 to pursue the same goal.

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The Minister of Power, Adebayo Adelabu, has indicated plans to resign from the cabinet of President Bola Tinubu as he prepares to contest the 2027 governorship election in Oyo State.

Adelabu disclosed his intention through a statement issued by his media aide, noting that he has formally informed the President of his decision to step down in the coming days.

According to the statement, the timing of his planned resignation is aimed at ensuring stability in the power sector and allowing for continuity in ongoing reforms before his exit.

The minister recently met with Tinubu at the Presidential Villa in Abuja, where he presented a detailed report on his stewardship over the past two and a half years.

During the meeting, Adelabu highlighted key achievements recorded under his leadership, including efforts to stabilise electricity generation, improve transmission capacity, and implement reforms across the power sector value chain.

A major focus of the engagement was the presentation of the National Integrated Electricity Policy (NIEP), alongside its Strategic Implementation Plan (SIP) and the Medium-Long Term Integrated Resource Plan.

These frameworks are designed to guide the long-term development of Nigeria’s electricity sector, with emphasis on energy security, expanded access to power, and the integration of renewable energy sources.

The SIP outlines specific actions, timelines, and institutional responsibilities required to translate policy goals into measurable outcomes, targeting improvements across generation, transmission, and distribution.

Adelabu also expressed appreciation to the President for his support during his tenure and reaffirmed his commitment to national development, particularly in advancing reforms within the power sector.

Sources indicated that Tinubu has granted his approval for the minister to pursue his governorship ambition in Oyo State.

Adelabu’s planned exit comes at a critical time for Nigeria’s power sector, which continues to face challenges including gas supply constraints, infrastructure deficits, and funding gaps.

His resignation is expected to trigger a transition in leadership at the Ministry of Power as the government continues efforts to stabilise electricity supply and improve service delivery nationwide.

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The Minister of Power, Adebayo Adelabu, has issued a public apology to Nigerians over the severe and ongoing power outages that have disrupted homes, businesses, schools, and industries across the country. The admission comes as soaring dry-season temperatures have intensified electricity demand, leaving many struggling to cope.

Speaking at a press conference in Abuja on Tuesday, Adelabu directly acknowledged the hardship caused by the erratic power supply, marking an unusually candid response from the ministry.

“I want to apologise to Nigerians, officially now, coming from me as the Minister of Power, for this temporary issue that is leading to hardship being experienced, especially during this dry season, where there is so much heat everywhere. Businesses are being affected, schools have been affected, and industries have been affected. It is not our wish to find ourselves in this situation, but it is due to some factors that are actually beyond our control,” Adelabu said.

The apology follows weeks of mounting public frustration, with many Nigerians taking to social media to express concerns over the prolonged outages amid the intense heat. Reports indicate that many households have struggled with cooling, while businesses and industries face productivity losses due to the inconsistent electricity supply.

Timeline for Improvement

Despite the current setbacks, Minister Adelabu provided a clear timeline for when Nigerians can expect relief. According to him, a committee has been set up to oversee the restoration of electricity supply, in collaboration with gas suppliers and key stakeholders in the energy sector.

“I can tell you, with the committee that we have set up, and commitments from gas suppliers, and the timeline for repair of the gas pipelines, two weeks from now, we should start seeing improvements in supply. Two weeks,” he assured.

The minister highlighted that the government has already scheduled critical repairs, particularly on facilities operated by Seplat Energy, which are crucial for restoring gas flow to power plants. Once completed, these repairs are expected to ease the current energy shortages and stabilize the national grid.

Factors Behind the Outages

Adelabu noted that the outages are largely due to issues beyond the ministry’s immediate control, including delays in gas supply and maintenance challenges at key power infrastructure. He emphasized that while the government regrets the impact on the public, measures are underway to mitigate further disruptions.

The Ministry of Power’s transparent acknowledgment marks a significant step in addressing public concerns, signaling a commitment to improving Nigeria’s electricity supply amid growing energy demand.

What Nigerians Can Expect

In addition to repair timelines, Adelabu urged patience, stressing that full restoration would be gradual as the pipelines and power plants return to optimal operation. The ministry also plans to provide updates on progress to ensure transparency and build public confidence.

With the government’s roadmap in place, Nigerians can anticipate a notable improvement in electricity supply within the next two weeks, offering relief to households, schools, businesses, and industries affected by the persistent power outages.

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At least seven ministers in the administration of are expected to resign before the March 31 deadline as preparations intensify for the 2027 general elections.

The planned exits follow a directive from the Office of the Secretary to the Government of the Federation requiring all political appointees seeking elective positions to step down in line with the Electoral Act 2026. For many of the ministers, the move formalises long-anticipated political ambitions.

Among those expected to resign is , who is widely believed to be preparing for another governorship bid in Oyo State after previous attempts in 2019 and 2023.

is also reportedly positioning for the Ogun State governorship race, having engaged stakeholders and invested in ICT-related initiatives across the state.

is said to be building strong support for the Gombe State governorship, with backing from key political figures within the ruling party.

In Bauchi State, both and are believed to be eyeing the governorship seat, setting up a potential political contest within the same party.

Meanwhile, is expected to join the Borno State governorship race, while is reportedly considering a bid for the Plateau North senatorial seat.

Political analysts say the resignations could reshape the federal cabinet and influence the balance of power within the ruling party ahead of the elections. The development also highlights the growing intersection between governance and political ambition as the 2027 race approaches.

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The Federal Government says the revival of the Aluminium Smelting Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State, will inject 540 megawatts (MW) of electricity into the national grid.

Minister of Power Adebayo Adelabu announced this during a visit to the plant, pledging to reconnect it to the grid and complete the abandoned 330kV substation in the area.

Adelabu described ALSCON as a key industrial asset that had remained idle for decades due to lack of power. He said all six turbines of 90MW each were in good condition, and full capacity could be achieved once transmission lines from Ikot Ekpene to Ikot Abasi are completed.

The minister added that the project could be expanded to 660MW and would create over 15,000 jobs while cutting aluminium imports.

ALSCON’s adviser, Viacheslav Krylov, said the firm targets 200,000 metric tonnes of annual output within six years but needs stable power and a stronger grid connection.

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He stated that even institutions on higher tariff bands would benefit. According to him, distribution companies would collect a part of the payment while the government would cover the rest.

No Action, No Relief

One year later, no subsidy has been delivered. Most hospitals and universities still pay huge amounts for electricity. In some cases, bills have risen from ₦100 million to ₦300 million monthly. Many institutions are finding it hard to cope.

Despite the promise, no official policy has been implemented. Several insiders believe the Minister made the announcement without Federal Executive Council approval. A consumer group even called the statement “a political stunt.”

Why the Delay?

Energy experts say subsidy programs are often misused and hard to manage. Professor Dayo Ayoade from the University of Lagos says the government may have paused the plan because it lacked sustainability. He warned that giving money directly to institutions or distribution companies without strong oversight could lead to waste.

Institutions Are Feeling the Pain

Administrators at some public universities and hospitals confirmed that no subsidy has reached them. High electricity bills are affecting their daily operations and budgets. Many now fear disconnection.

Last year, the University of Lagos faced a power cut due to unpaid electricity bills. This situation is not unique  several institutions across Nigeria face similar risks.

A Shift to Solar Power?

The Power Ministry appears to be focusing on solar energy instead. The Rural Electrification Agency has launched projects in several universities and teaching hospitals. These include:

• University of Maiduguri and Teaching Hospital – 12MW

• University of Calabar and Teaching Hospital – 7MW

• Michael Okpara University of Agriculture – 3MW

• Federal University of Agriculture, Abeokuta – 3MW

• University of Abuja – 3MW

• Nigerian Defence Academy, Kaduna – 2.5MW

• Federal University Gashua – 1.5MW

While solar power offers long-term savings, it does not solve the current crisis for institutions struggling to pay bills.

What’s Next?

Stakeholders are urging the government to revisit the subsidy promise. They want a clear, sustainable, and transparent plan. Without this, hospitals and schools may continue to suffer.

The government must act fast  not just by planning long-term solutions, but also by delivering the relief it promised.

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A new report by the Nigerian Electricity Regulatory Commission (NERC) reveals that consumers left N71.53 billion unpaid during that single month.

Across the country, 12 electricity distribution companies, known as DisCos, were only able to collect N178.68 billion out of the N250.21 billion they billed. This gap highlights the growing cash flow crisis in the power sector.

Take Aba Power, for example. The company billed customers N5.79 billion but only collected N2.43 billion. Abuja DisCo issued N32.61 billion in bills but received just N24.82 billion.

Eko DisCo billed N42.03 billion and recovered N36.01 billion. Ikeja DisCo also had a shortfall, collecting N32.81 billion from a total of N44.02 billion.

Benin DisCo brought in N17.53 billion from N23.24 billion. Ibadan DisCo managed N21.84 billion from N29.57 billion in billed power. Enugu DisCo only collected N13.85 billion out of N17.33 billion.

Jos DisCo’s collections stood at N4.3 billion from N10.02 billion. Kaduna DisCo fared even worse, pulling in just N3.06 billion from N7.75 billion.

Kano DisCo’s customers paid N7.08 billion out of N12.47 billion. Port Harcourt DisCo received N12.56 billion from the N21.03 billion it billed. Finally, Yola DisCo collected N2.34 billion out of N4.33 billion.

These figures reveal more than just missed payments. They show a deeper problem within Nigeria’s electricity industry. In fact, the revenue collected in January dropped by 3.29 percent compared to December 2024.

This decline adds more pressure to a sector already battling liquidity issues. To make matters worse, the federal government owes over N2 trillion in subsidies to power firms for the previous year.

Minister of Power, Adebayo Adelabu, has raised concerns about this growing debt. He noted that another N1.9 trillion in subsidy for 2024 remains unpaid. DisCos are also awaiting N450 billion from this year’s subsidy.

Speaking about the issue, Adelabu asked a critical question: “How do you expect the GenCos to perform optimally? How do you expect them to pay for gas, service and maintain their turbines, and even pay staff if a total of N4 trillion is being owed to them?”

The entire sector is caught in a vicious cycle. Consumers are not paying enough. Operators are low on funds. And the government is struggling to meet its financial obligations.

As the debts mount, the future of electricity in Nigeria looks increasingly uncertain. Without urgent reform and better financial discipline, the lights may not stay on for long.

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Finance Minister Wale Edun made this clear at a recent forum in Abuja. According to him, the aim is to assess all possible outcomes and guide the country through any challenges that may arise.

Despite the tension, Nigeria might not feel the full weight of the tariff. The new U.S. policy excludes oil and mineral-related exports, which make up the bulk of Nigeria’s trade with America. Edun explained that Nigeria has long maintained a 27 percent tariff on U.S. imports. Over the last three years, trade has consistently favored Nigeria. In 2024 alone, exports hit N5.5 trillion, with oil and minerals making up 92 percent of that figure.

This detail changes the outlook. Unless there is a major drop in global oil prices, the new tariff may not significantly harm the economy. Still, the Finance Minister stressed the need to stay alert. A drop in oil prices could reduce national income. To stay ahead, the government is working to boost oil production and explore new revenue sources.

Agencies like the FIRS and Customs are being pushed to increase non-oil revenue. At the same time, the administration is looking into fresh ways to fund key projects without piling on more debt.

The forum also raised deep concerns about Nigeria’s State-Owned Enterprises. These organizations play major roles in energy, telecom, and infrastructure. Yet, many are underperforming. Edun said inefficiency, waste, and poor oversight have drained value from these vital assets. The issue, he said, is not whether SOEs should exist, but how they can be restructured to succeed.

Corporate governance, he emphasized, is the key. A lack of it has led to lost funds, weak performance, and fading public trust. The government, through the Ministry of Finance Incorporated (MOFI), is taking steps to fix that. MOFI, originally founded in 1959 and recently restructured, now acts as an asset manager for government investments.

One of its new tools is the Corporate Governance Scorecard. This initiative will track and improve the performance of public enterprises. Global partners like the World Bank are also supporting these efforts to bring transparency and accountability to the system.

Power Minister Adebayo Adelabu added more insight. He revealed that government-owned power plants, despite a total capacity of 4,000 megawatts, often generate only 500 to 800 megawatts. Compared to private-sector plants like Azura and Transcorp, the gap in performance is alarming. Adelabu insisted that poor management and weak governance are the main reasons for this failure.

Meanwhile, MOFI’s CEO, Dr. Amstrong Ume Takang, announced a major audit of national assets. The review will determine the current state of each holding. Based on this, the government will decide what to keep, reform, or sell. This move is meant to align public assets with the country’s development goals.

As global policies shift and new economic challenges emerge, Nigeria is working to stay ahead. The mix of trade pressure, oil dependency, and structural inefficiencies makes this a critical time. Policymakers are not waiting for a crisis. They’re choosing foresight, reform, and strategy.

The message from Abuja is clear: Nigeria is ready to adapt.

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The Nigerian Electricity Regulatory Commission (NERC) has officially approved their exit from the unreliable national grid, granting them licences to independently generate and distribute electricity.

Among the newly approved entities is Nile University in Abuja. Collectively, they are set to generate up to 30 megawatts of electricity under different self-generation arrangements. This bold step is aimed at achieving reliable and uninterrupted power supply, far from the instability of the national grid.

According to NERC’s latest report, Daybreak Power Solutions received an off-grid generation licence with a capacity of 2.63 megawatts. Four other firms secured captive power generation permits totaling 22.50 megawatts. These permits allow companies to produce electricity strictly for internal use.

In the last quarter of 2024, NERC also issued 24 permits for mini-grid projects with a total capacity of 5.5 megawatts. Additionally, five registration certificates were granted for smaller systems below 100 kilowatts. Prado Limited received all 24 permits to set up mini-grids in Benue, Nasarawa, Niger, Ondo, and Kano States. Cross Boundary Energy also secured five permits to distribute power in Kogi State.

To support this independent power infrastructure, NERC certified 18 meter service providers, six installer companies, six manufacturers, three vendors, and three importers. The commission also approved 15 Meter Asset Provider permits during the same period.

This move highlights a growing trend across Nigeria. By September 2024, over 250 manufacturers and academic institutions had abandoned their traditional power distribution companies. These entities, including Dangote Refinery, now generate a combined total of around 6,500 megawatts surpassing the national grid’s struggling output of 5,500 megawatts.

Experts are concerned that this mass departure from the grid could destabilise Nigeria’s already fragile power sector. Minister of Power, Adebayo Adelabu, acknowledged that most bulk electricity users now rely on captive power because of a deep lack of trust in the national grid. He warned, however, that this comes at a steep price. Captive power generation costs between ₦350 and ₦400 per kilowatt-hour for gas systems, and up to ₦1,000 for diesel-powered alternatives.

NERC has attributed this migration to voltage instability within the grid. Spikes, dips, flickers, and brownouts pose significant risks to industrial machinery and often lead to heavy commercial losses. The commission stated that although Nigeria’s grid code mandates a voltage range of 313.50 kV to 346.50 kV, staying within this limit has proven difficult.

The commission continues to work with the Transmission Company of Nigeria and other stakeholders to improve system reliability. However, for many companies, the shift away from the national grid has already begun not out of preference, but necessity.

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