President Bola Ahmed Tinubu has nominated Joseph Tegbe, a former Senior Partner and Head of Advisory Services at KPMG Africa as Minister of Power, replacing Adebayo Adelabu, who exited the position in pursuit of his governorship ambition.
Bayo Onanuga, Special Adviser to the President on information disclosed this in a statement on Thursday, stating that the nomination has been transmitted to the Senate for screening and confirmation in accordance with the Constitution.
Tegbe currently serves as 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.
According to the presidency, the nomination is expected to strengthen further ongoing efforts to reform the power sector, enhance grid stability, and attract sustainable investment in line with the Renewed Hope Agenda.
Hailing from Oyo State, he is a fiscal and economic reform expert with over 35 years of experience spanning the public and private sectors. As a former Senior Partner and Head of Advisory Services at KPMG Africa, 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.
“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).
“His nomination is expected to strengthen further ongoing efforts to reform the power sector, enhance grid stability, and attract sustainable investment in line with the Renewed Hope Agenda.
“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,” Onanuga said.
