President Bola Ahmed Tinubu has nominated Mr. Joseph Olasunkanmi Tegbe as the new Minister of Power, subject to confirmation by the National Assembly.
The nomination has been formally transmitted to the Senate for screening and approval, in line with constitutional provisions governing ministerial appointments.
Mr. Tegbe’s nomination follows the resignation of the former Minister of Power, Adebayo Adelabu, who stepped down to pursue elective office.Hailing from Oyo State, Tegbe is widely regarded as a seasoned fiscal and economic reform expert, boasting over 35 years of experience across both public and private sectors. He previously served as Senior Partner and Head of Advisory Services at KPMG Africa, where he spearheaded major initiatives in fiscal policy reform, governance, and institutional transformation.
In his current role as Director General and Global Liaison for the Nigeria-China Strategic Partnership (NCSP), Tegbe has been instrumental in strengthening development cooperation between Nigeria and the People’s Republic of China.
The partnership also facilitates engagement with public sector stakeholders to drive economic and social development in alignment with Forum on China-Africa Cooperation (FOCAC) objectives.
Tegbe’s professional experience includes significant involvement in Nigeria’s power sector, particularly in regulatory and institutional reforms.
He has worked closely with key agencies such as the Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Bulk Electricity Trading Company (NBET), contributing to policy development and market stabilization efforts.