President Bola Ahmed Tinubu on Monday evening officially swore in Joseph Tegbe as Nigeria’s new Minister of Power at the Exco Chambers of the Presidential Villa. The ceremony was attended by Tegbe’s wife and senior government officials.
An indigene of Oyo State, Tegbe is a seasoned fiscal and economic reform expert with over three decades of experience spanning both public and private sectors.
Until his latest appointment, he served as the Director General and Global Liaison for the Nigeria-China Strategic Partnership, coordinating critical bilateral development initiatives between the two nations. He also previously led as Senior Partner and Head of Advisory Services at KPMG Africa, driving fiscal policy reforms, governance frameworks, and institutional transformation.
Tegbe’s portfolio includes chairing the National Tax Policy Implementation Committee, inaugurated by the Federal Government in 2025 to oversee the execution of Nigeria’s revised tax policy.
He has also been involved in regulatory and institutional reforms in the power sector, collaborating with agencies such as the Nigerian Electricity Regulatory Commission and the Nigerian Bulk Electricity Trading Company.
A statement from the presidency noted that “the President expects the Minister to leverage his extensive expertise to advance critical reforms and deliver improved outcomes for Nigerians in the power sector.”
Tegbe succeeds Chief Bayo Adelabu, who resigned in March 2026 to pursue his ambition to contest the 2027 Oyo State governorship election.
Adelabu’s exit followed President Tinubu’s directive that political appointees intending to run for elective positions must step down.
Commenting on his departure, Adelabu stated that his resignation “aligns with due process and party guidelines as I prepare to return to active partisan politics ahead of the 2027 elections.”
