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Home > Adebayo Adelabu
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Adebayo Adelabu

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I am excelling in my job as minister of power – Adelabu

by Folarin Kehinde March 24, 2026
written by Folarin Kehinde

The Minister of Power, Adebayo Adelabu, on Tuesday did not say whether he was considering resignation or not amid growing speculation about his possible entry into the Oyo State governorship race.

Adelabu, who spoke during a question-and-answer session at a press briefing in Abuja, said his immediate focus remains on addressing the country’s electricity challenges, even as he left the door open on his political future.

“What matters to me most now is this job that I am doing as the Honourable Minister of Power. I am excelling on the job, and that is my priority for now, tackling foreseen, known and unforeseen challenges in the power sector,” he said.

The minister added, “Resolving the power supply challenges is my priority for now. We have between now and March 31, if I am interested, in the gubernatorial contest in Oyo State. It is all about service, either at the national level or at the subnational level.”

In a statement that further fuelled uncertainty, Adelabu said, “I will not say more than that. Whether I will be here or I will be leaving is a matter of time. I will get back to you.”

Adelabu’s comments come at a politically sensitive time, following a directive by President Bola Tinubu ordering all ministers, heads of agencies, and political appointees to resign if they intend to contest elective positions in the 2027 general elections.

The directive, announced last Tuesday in a statement from the Office of the Secretary to the Government of the Federation, is aimed at ensuring compliance with electoral laws and safeguarding the integrity of the political process ahead of the polls.

 

March 24, 2026 0 comments
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Adebayo Adelabu
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Power Minister Warns of Imminent Hike in Electricity Tariffs

by Nelson Ugwuagbo May 5, 2025
written by Nelson Ugwuagbo

Minister of Power, Adebayo Adelabu, has warned that Nigerians should brace for electricity tariffs that reflect the actual cost of supply, citing the unsustainability of current subsidy levels.

Speaking during a meeting with the chairmen of Nigeria’s power generating companies (Gencos) in Abuja, Adelabu said the economy could no longer support the financial burden of electricity subsidies.

“We have to understand that our economy cannot sustain subsidies indefinitely,” the minister said.

The Federal Government currently owes over N4 trillion to Gencos in unpaid subsidy-related debts.

According to the Nigerian Electricity Regulatory Commission (NERC), the average actual cost of electricity as of February stood at N116.18 per kilowatt-hour, while consumers were charged N88.2 per kilowatt-hour. The subsidy gap amounted to N27.97 per kilowatt-hour.

Currently, all customers under the Nigerian Electricity Supply Industry (NESI), except the 15 percent categorized as Band A, receive some form of subsidy.

Adelabu’s spokesperson, Bolaji Tunji, said the minister emphasized the need for citizens to pay appropriate rates for electricity consumed, while assuring that the government would continue to provide targeted subsidies for vulnerable groups.

May 5, 2025 0 comments
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