The Minister of Power, Adelabu Adebayo, has officially taken up his position following President Bola Tinubu’s inauguration of ministers on Monday.
In a brief meeting with Directors, Heads of agencies, and parastatals of the ministry, Adebayo expressed his commitment to enhancing the power sector during his tenure.
Dedication to Sector Enhancement
With the swearing-in ceremony of all 45 ministers having taken place at the Presidential Villa in Abuja, Adebayo took the opportunity to assure the attendees of his strong determination to collaborate with key industry stakeholders in order to bring about positive changes in the power sector.
His emphasis on working closely with relevant parties reflects his vision for progress.
Leveraging the Nigerian Electricity Act of 2023
Adebayo highlighted that his strategies are deeply rooted in the Nigerian Electricity Act of 2023, which presents new avenues for power supply and encourages partnerships between the public and private sectors.
This legislative framework is seen as a cornerstone for driving advancements within the power industry.
Economic Transformation and Rural Access
Recognizing the pivotal role of the power sector in revitalizing the economy, Adebayo underlined his commitment to prioritizing renewable and alternative energy sources.
This focus aligns with the goal of ensuring swift access to power in rural areas, contributing to overall development.
Background and Expertise
Before assuming his role as the Minister of Power, Adebayo held the position of Deputy Governor of Operations at the Central Bank of Nigeria.
Furthermore, he gained recognition as the 2019 Oyo State gubernatorial candidate for the Accord Party. His diverse background brings a wealth of experience to his new responsibilities in the power sector.