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Home Politics

Adelabu Resigns As Power Minister To Pursue Oyo Governorship Ambition

Ayobami Owolabi by Ayobami Owolabi
4 months ago
in Politics
Reading Time: 2 mins read
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Power To Stabilise In Two Weeks – Adelabu’s Aide
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The Minister of Power, Adebayo Adelabu, has stepped down from his position in the Federal Government to focus on his ambition to contest the governorship election in Oyo State.

In a resignation letter dated April 22, 2026, and addressed to President Bola Tinubu, Adelabu said his exit would take effect from April 30, 2026, allowing for a smooth transition and handover of responsibilities.

The letter, which was submitted through the Office of the Secretary to the Government of the Federation, described his resignation as one taken with “a deep sense of honour and profound gratitude.”

He wrote: “I write with a deep sense of honour and profound gratitude to formally tender my resignation as the Honourable Minister of Power of the Federal Republic of Nigeria. This resignation is to take effect on 30th April 2026, in order to allow sufficient time for a smooth and orderly handover of responsibilities.”

Adelabu expressed appreciation to the President for the opportunity to serve, noting that his appointment was a privilege.

He said: “Your Excellency, I remain sincerely grateful for the privilege and confidence you reposed in me by appointing me to serve our great nation in this capacity.

“It has been a rare honour to contribute to national development under your leadership and to play a role in advancing reforms in the power sector—one of the most critical foundations of Nigeria’s industrial growth and economic transformation.”

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Explaining his reason for resigning, the former minister said he needed to concentrate fully on his political ambition in Oyo State, pointing to relevant provisions of the amended electoral law.

He added: “My decision to step down is informed by my intention to focus fully on my gubernatorial ambition in Oyo State. This aspiration, which dates back to 2016 during my service as Deputy Governor of the Central Bank of Nigeria, ultimately led to my voluntary resignation from the Central Bank in 2018 in order to pursue the same goal.”

“In line with the provisions of the Amended Electoral Act 2026, which preclude political office holders from contesting elections, I consider it both appropriate and necessary to resign at this time.”

Adelabu’s resignation marks a significant political shift ahead of the next election cycle, particularly in Oyo State, where he is expected to vie for the governorship seat.

Tags: Adebayo Adelabu
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