By Our Reporter
President Bola Tinubu has appointed Mr Joseph Olasunkanmi Tegbe as the new Minister of Power.
The president has forwarded Olasunkanmu’s name to the Nigerian Senate for confirmation.
Olasunkanmi replaces the outgoing Minister, Adebayo Adelabu who is now pursuing his governorship ambition in Oyo State.
In a statement issued on Thursday by Bayo Onanuga, Special Adviser to the President, he said Mr Tegbe, from the same Oyo State, is a fiscal and economic reform expert with over 35 years of experience spanning the public and private sectors.
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.
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.
Mr 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).
According to Onanuga, “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.”