April 18, 2024

ADEBAYO ADELABU: BANKING GURU NOW MINISTER OF POWER!

 

 

Adebayo Adelabu (born 28 September 1970) is a former deputy governor, operations of the Central Bank of Nigeria and currently serving as the federal minister of power of Nigeria. And 2019 Oyo State gubernatorial candidate for the All Progressives Congress.

 

Adelabu was born to Aderibigbe Adelabu of Oke-Oluokun compound, Kudeti Area in Ibadan. His grandfather is Adegoke Adelabu.

 

Adelabu attended Ibadan Municipal Government primary school, Agodi Ibadan from 1976 to 1982 and Lagelu Grammar School, Ibadan from 1982 to 1987.[6]

 

Adelabu received a first class degree in Accounting from Obafemi Awolowo University, Ile-Ife. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), a Fellow of Chartered Institute of Bankers of Nigeria and an Associate Member of the Institute of Directors of Nigeria and the United Kingdom. Adelabu has also taken up professional courses in various business schools, including Harvard, Stanford, Wharton, Columbia, Kelloggs, Euromoney, and the University of London.

 

On 27th of July 2023, Adelabu was included in President Bola Ahmed Tinubu’s 28-man ministerial nomination. He was made minister of power by president Bola Tinubu on 16 august, 2023.

 

Adelabu is also a businessman and has investments spanning the hospitality, entertainment, agriculture and real estate industries. He is the Group Chairman of Bayse One Group of Hotels, the Best Western Plus Hotels, Ibadan and Bayse One Farm.

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