Taiwo Oyedele Appointed Nigeria’s New Finance Minister

April 22, 2026 3ppleloaded 0 Comments

President Bola Tinubu has appointed Taiwo Oyedele as the new Minister of Finance and Coordinating Minister of the Economy, replacing Wale Edun in a minor cabinet reshuffle. Oyedele previously served as Minister of State for Finance.

Secretary to the Government of the Federation George Akume announced the changes, stating they aim to “strengthen cohesion and synergy in governance” and enhance economic delivery under the Renewed Hope Agenda. Edun has been directed to hand over by Thursday.

Key Points:

Oyedele’s elevation from Minister of State signals confidence in his economic expertise.
The reshuffle also affects the Housing Ministry, with Umar Dangiwa replaced.
All handover processes must be completed by the close of business on April 23.
The President thanked the outgoing ministers for their service.
Tinubu assured that cabinet reinvigoration will be continuous.

All eyes are now on Oyedele as he takes the helm of Nigeria’s economy.

Sources: Premium Times

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