Nigeria's President Names Taiwo Oyedele as New Finance Minister
Taiwo Oyedele moves up to finance minister as the government says the reshuffle will improve cohesion and economic delivery.
- On Tuesday, President Bola Tinubu announced a cabinet reshuffle, removing Minister of Finance and Coordinating Minister of the Economy Wale Edun and Minister of Housing and Urban Development Ahmed Dangiwa from their posts.
- Secretary to the Government of the Federation Senator George Akume stated the changes aim to "strengthen cohesion and synergy in governance" while improving economic delivery for Nigerians under the Renewed Hope Agenda.
- Tinubu exercised powers under Sections 147 and 148 of the Constitution to approve the reshuffle, elevating Taiwo Oyedele to Minister of Finance and naming Muttaqha Rabe Darma as Housing Minister designate.
- All ministerial transitions must conclude by the close of business on Thursday, April 23, 2026, with Dangiwa directed to transfer responsibilities to the Minister of State in the interim.
- The administration emphasized that cabinet reinvigoration remains an ongoing process, as the President commended the outgoing ministers for their service and wished them success in future endeavors.
51 Articles
51 Articles
Nigeria’s Tinubu replaces finance minister in surprise reshuffle
The NewsNigerian President Bola Tinubu replaced his finance minister, the architect of a radical economic policy overhaul, less than a year before elections in a surprise reshuffle.Wale Edun, a former World Bank official and investment banker, was replaced by Taiwo Oyedele, a junior finance minister who oversaw a revamp of the country’s tax system, in Tinubu’s most high-profile cabinet reshuffle since taking office three years ago. It was not im…
Tinubu sacks ministers Edun, Dangiwa in cabinet reshuffle
President Bola Tinubu has approved a minor reshuffle of the Federal Executive Council, removing the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Housing and Urban Development, Ahmed Dangiwa. This was disclosed in a statement on Tuesday by the Special Adviser on Media and Publicity to the Secretary to the Government of the Federation, Yomi Odunuga, citing a memo signed by SGF George Akume. According…
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