The Digest:
Minister of Power Bayo Adelabu will resign his appointment "in the coming days" to pursue a governorship bid in Oyo State ahead of the 2027 general election. Adelabu intimated to President Bola Tinubu of his impending resignation during a meeting on Tuesday, and the president granted his blessing. Adelabu presented his scorecard and policy documents for the power sector to guide succession. He was appointed minister of power on August 16, 2023.
Key Points:
- Adelabu is a former deputy governor of operations at the CBN.
- His resignation reflects a commitment to addressing power sector challenges before exiting.
- Key issues include gas supply constraints, pipeline repairs, and outstanding obligations.
- Tinubu commended Adelabu's dedication and progress in the power sector.
- The minister expressed appreciation for the president's steadfast support.
Sources: The Cable, Vanguard
