HomeNewsAdelabu Quits as Power Minister to Chase Oyo Governorship Ambition

Adelabu Quits as Power Minister to Chase Oyo Governorship Ambition

Published on


KEY POINTS


  • Adebayo Adelabu has resigned as Minister of Power, effective April 30, 2026.
  • He cited his intention to contest the Oyo State governorship and comply with electoral laws.
  • His exit marks a significant development ahead of upcoming elections in the state.

Nigeria’s Minister of Power, Adebayo Adelabu, has stepped down from his role to pursue his governorship ambition in Oyo State.

In a resignation letter dated April 22, 2026, and addressed to President Bola Tinubu, Adelabu said his exit will officially take effect on April 30 to allow for a smooth transition of duties.

Adelabu described his time in office as an honour, thanking the President for the trust placed in him. He noted that serving in the power sector gave him the opportunity to contribute to key reforms critical to Nigeria’s industrial growth and economic development.

Governorship Ambition Drives Decision

The former minister explained that his resignation is necessary to fully concentrate on his long-standing ambition to become governor of Oyo State.

He referenced the provisions of the amended Electoral Act, which require political office holders to step down before contesting elections. Adelabu added that his governorship pursuit dates back to 2016 during his time as Deputy Governor of the Central Bank of Nigeria, a role he left in 2018 for the same ambition.

Latest articles

Nigerians owe N2.06 trillion in personal loans as borrowing to survive overtakes borrowing to invest

Personal loans held by Nigerians rose to about N2.06 trillion in May 2026, CBN data shows, as households increasingly borrow to cope with rising living costs.

NYSC kidnap: Ransom drops from N1 billion to N100 million as police say camp is mined with IEDs

Kidnappers holding 20 prospective corps members in Imo State have cut their ransom from N50 million to N5 million each as parents report the captives are being beaten.

Suspected Boko Haram terrorists kill 15 farmers gathering firewood in Borno’s Marte area, three still missing

Suspected Boko Haram terrorists have killed 15 farmers working their fields and gathering firewood in Marte, Borno State, with police searching for three still missing.

N50 million each: Families of 19 abducted NYSC graduates face N950 million ransom demand

Kidnappers are demanding N950 million, or N50 million each, for 19 prospective corps members abducted on the Owerri-Onitsha Road in Imo State on Thursday.

More like this

Nigerians owe N2.06 trillion in personal loans as borrowing to survive overtakes borrowing to invest

Personal loans held by Nigerians rose to about N2.06 trillion in May 2026, CBN data shows, as households increasingly borrow to cope with rising living costs.

NYSC kidnap: Ransom drops from N1 billion to N100 million as police say camp is mined with IEDs

Kidnappers holding 20 prospective corps members in Imo State have cut their ransom from N50 million to N5 million each as parents report the captives are being beaten.

Suspected Boko Haram terrorists kill 15 farmers gathering firewood in Borno’s Marte area, three still missing

Suspected Boko Haram terrorists have killed 15 farmers working their fields and gathering firewood in Marte, Borno State, with police searching for three still missing.