Investogist
No Result
View All Result
Wednesday, May 27, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Commences Share Buyback Programme of Up to $110 Million

    Fubara, Cole Withdraws from APC Governorship Primaries

    Fubara, Cole Withdraws from APC Governorship Primaries

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    Presidents Trump and Tinubu Announce Killing of ISIS Leader Eliminated in 2024

    Presidents Trump and Tinubu Announce Killing of ISIS Leader Eliminated in 2024

    Africa CDC Confirms New Ebola Outbreak in Eastern DR Congo

    Africa CDC Confirms New Ebola Outbreak in Eastern DR Congo

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Tantalizers Signs MOU to Acquire 24 Trawlers and Fisheries Assets from Karflex

    Tantalizers Signs MOU to Acquire 24 Trawlers and Fisheries Assets from Karflex

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Commences Share Buyback Programme of Up to $110 Million

    Otedola Pledges $100m for Stake in Dangote Refinery Ahead of IPO

    Otedola Pledges $100m for Stake in Dangote Refinery Ahead of IPO

    Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

    Zichis Agro-Allied Issues Official Clarification on CEO’s Recent Share Deal

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Renews Legal War with FG Over Fuel Import Permits

    Dangote Refinery Renews Legal War with FG Over Fuel Import Permits

    Ecobank Issues USD 450 Million Sustainable Agriculture & Natural Capital Eurobond

    Ecobank Issues USD 450 Million Sustainable Agriculture & Natural Capital Eurobond

    Universal Insurance PLC Launches ₦3.2 Billion Rights Issue

    Universal Insurance PLC Launches ₦3.2 Billion Rights Issue

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Commences Share Buyback Programme of Up to $110 Million

    Fubara, Cole Withdraws from APC Governorship Primaries

    Fubara, Cole Withdraws from APC Governorship Primaries

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    Presidents Trump and Tinubu Announce Killing of ISIS Leader Eliminated in 2024

    Presidents Trump and Tinubu Announce Killing of ISIS Leader Eliminated in 2024

    Africa CDC Confirms New Ebola Outbreak in Eastern DR Congo

    Africa CDC Confirms New Ebola Outbreak in Eastern DR Congo

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Tantalizers Signs MOU to Acquire 24 Trawlers and Fisheries Assets from Karflex

    Tantalizers Signs MOU to Acquire 24 Trawlers and Fisheries Assets from Karflex

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Commences Share Buyback Programme of Up to $110 Million

    Otedola Pledges $100m for Stake in Dangote Refinery Ahead of IPO

    Otedola Pledges $100m for Stake in Dangote Refinery Ahead of IPO

    Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

    Zichis Agro-Allied Issues Official Clarification on CEO’s Recent Share Deal

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Renews Legal War with FG Over Fuel Import Permits

    Dangote Refinery Renews Legal War with FG Over Fuel Import Permits

    Ecobank Issues USD 450 Million Sustainable Agriculture & Natural Capital Eurobond

    Ecobank Issues USD 450 Million Sustainable Agriculture & Natural Capital Eurobond

    Universal Insurance PLC Launches ₦3.2 Billion Rights Issue

    Universal Insurance PLC Launches ₦3.2 Billion Rights Issue

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

Thursday, 7 May 2026, 11:47 am
in News, Nigeria
0
Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power
Share Share Share Share Send as Email

The Senate confirmed Mr Joseph Olasunkanmi Tegbe as the Minister of Power on Wednesday, 6 May 2026, providing leadership to address the country’s longstanding electricity challenges following the resignation of the former Minister.

Tegbe’s confirmation, alongside Ambassador Sola Enikanolaiye as Minister of State for Foreign Affairs, followed a screening process and deliberation by the Senate Committee of the Whole.

Senators approved both nominees by voice vote, presided over by Senate President Godswill Akpabio.

President Bola Tinubu nominated Tegbe after the resignation of former Minister Adebayo Adelabu, who stepped down in late April 2026 to prepare for the governorship ahead of the 2027 elections.

Adelabu’s exit took effect at the end of April.

The incoming minister is a 60-year-old first-class civil engineering graduate from Obafemi Awolowo University (1988) and brings extensive technocratic experience to the role.

He served as Senior Partner and Head of Advisory Services at KPMG Africa and has advised on power sector reforms, including work with the Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Bulk Electricity Trading Plc (NBET).

He currently serves as Director-General of the Nigeria-China Strategic Partnership.

During his screening, Tegbe pledged visible improvements in the power sector within his first 100 days in office.

Key details include:

– Stabilising the national grid to reduce frequent collapses.

– Improving gas supply to power plants.

– Implementing anti-vandalism measures.

– Enforcing stricter discipline and transparency across the sector.

– Introducing a public performance dashboard for accountability.

– Advancing metering and distribution upgrades.

– Encouraging greater state-level participation in power generation.

Tegbe told senators he would not make unrealistic promises, emphasising that results must be visible within three months or his efforts would fall short.

Lawmakers, however, cautioned him about potential resistance from powerful interests, including generator importers and marketers who benefit from unreliable public power supply.

The Senate also charged the incoming minister to urgently address grid instability and work towards sustainable solutions in line with the Tinubu administration’s Renewed Hope Agenda.

Tegbe is expected to be sworn in by President Tinubu in the coming days. Tinubu in the coming days.Tinubu in the coming days.Tinubu in the coming days.Tinubu in the coming days.Tinubu in the coming days.

Vivian Ifunanya Gerald

Administrator and Writer

Related Posts:

  • G7HTRGqWQAA7qAm
    Senate Confirms Retired Chief of Defence Staff as…
  • images (5)
    Senate confirms Taiwo Oyedele as Minister of State…
  • Lauretta Onochie
    Senate confirms Lauretta Onochie as new NDDC chairman
  • Tinubu NEC
    Tinubu redeploys Minister-Designates, announces new…
Tags: Featured
Previous Post

No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

Next Post

Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

Next Post
Access Bank UK set to acquire Mauritius  AfrAsia Bank

Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

  • Trending
  • Comments
  • Latest
Ellah Lakes Plc announces EGM to approve N250 billion capital raise, debt to equity conversion

Ellah Lakes to acquire ARPN Nigeria Limited in Landmark Agro-Industrial deal

The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

NCR Nigeria explains the delay in filing the Q1 2026 Account

NCR Nigeria explains the delay in filing the Q1 2026 Account

Tantalizers Signs MOU to Acquire 24 Trawlers and Fisheries Assets from Karflex

Tantalizers Signs MOU to Acquire 24 Trawlers and Fisheries Assets from Karflex

NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

Airtel Africa Releases Audited Financial Statements for Q1 2026

Airtel Africa Commences Share Buyback Programme of Up to $110 Million

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved