President Bola Ahmed Tinubu has nominated Joseph Olasunkanmi Tegbe as Minister of Power, subject to confirmation by the Senate and in accordance with the Constitution.
In a Thursday statement signed by Bayo Onanuga, the Special Adviser on Information and Strategy to the President, the nomination is expected to strengthen ongoing reforms in the power sector, improve grid stability and attract sustainable investment in line with the Renewed Hope Agenda.
According to the statement, his nomination has been transmitted to the Senate for screening, following the resignation of former Minister of Power, Adebayo Adelabu, who stepped down to pursue elective office.
Tegbe, from Oyo State, is a fiscal and economic reform expert with over 35 years of experience spanning the public and private sectors.
The statement revealed that he is a former Senior Partner and Head of Advisory Services at KPMG Africa, where he led wide-ranging initiatives in fiscal policy reform, institutional transformation, and governance.
He has also advised key government institutions and private sector organisations on strategic reforms, regulatory frameworks, and investment structuring.
The statement reads, “He is at present the Director General and Global Liaison for the Nigeria-China Strategic Partnership (NCSP), where he is responsible for strengthening bilateral development cooperation between Nigeria and the People’s Republic of China.
“The NCSP also coordinates engagements with public sector stakeholders to advance economic and social development in line with FOCAC objectives.”
The statement further stated that 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).
“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,” the statement concluded.
