Adebayo Adelabu has formally resigned as Minister of Power, submitting his resignation letter to President Bola Tinubu through Secretary to the Government of the Federation, Senator George Akume. The letter, dated April 22 and received on Wednesday in Abuja, states that the resignation will take effect on April 30, 2026, to allow for a smooth handover of duties. Adelabu, a former Deputy Governor of the Central Bank of Nigeria, cited his ambition to run for governor of Oyo State as the reason for stepping down. In the letter seen by THISDAY, he expressed gratitude to President Tinubu, describing his appointment as a privilege and confidence. He highlighted his role in advancing power sector reforms critical to Nigeria's industrial growth. Adelabu first pursued the Oyo governorship in 2018 when he resigned from the CBN, a goal he says remains his primary focus. The presidency has acknowledged receipt of the letter. Until April 30, 2026, Adelabu remains in office as Minister of Power. His tenure has been marked by ongoing reform efforts amid persistent sector challenges. Political observers are now focused on who President Tinubu will appoint as his successor.
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