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Nigeria: Tinubu Extols Oyedele's Tax Reform Feats At Inauguration As Minister

Taiwo Oyedele, confirmed by the Senate, will focus on revenue mobilization, debt management, and fiscal sustainability to support Nigeria's economic goals amid global pressures.

  • On Monday, President Bola Tinubu swore in Taiwo Oyedele as Minister of State for Finance at the Presidential Villa in Abuja; Oyedele previously chaired the Presidential Committee on Fiscal Policy and Tax Reforms.
  • The Senate of Nigeria confirmed Oyedele last week after President Tinubu transmitted his nomination in a letter on March 3, requesting confirmation under Section 147.
  • Oyedele pledged to prioritise revenue mobilisation, spending efficiency and fiscal sustainability, and said the Ministry of Finance will align fiscal policy with federal government goals and coordinate with other arms of government.
  • A brief ceremony at the Presidential Villa confirmed Oyedele's appointment; he arrived with his wife and shortly after thanked the President, Nigerians, and stakeholders.
  • With global economic and geopolitical headwinds, Oyedele urged diligent execution of reform plans, stressing that 'Reforms are only as good as the paper on which they are written' and prioritising debt management and fiscal sustainability.
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InsideBusiness - Business News in Nigeria broke the news in on Monday, March 16, 2026.
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