President Bola Tinubu has appointed Joseph Olasunkanmi Tegbe as the new Minister of Power and forwarded his name to the Senate for approval.

The decision was announced on April 30, 2026, through a State House statement signed by presidential aide Bayo Onanuga.

The nomination follows the exit of Adebayo Adelabu, who left the position to contest for an elective office.

Tegbe, who is from Oyo State, is known for his work in finance and economic reforms, with over three decades of experience across government and private institutions.

He previously worked as a senior partner at KPMG Africa, where he handled advisory roles focused on policy reforms, governance systems, and institutional changes.

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He currently serves as Director General and Global Liaison for the Nigeria-China Strategic Partnership, where he manages cooperation efforts between Nigeria and China. His role also involves working with government bodies to support development plans tied to international cooperation goals.