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Home»News»APPOINTMENT»President Tinubu Names Oyedele As New Finance Minister
APPOINTMENT

President Tinubu Names Oyedele As New Finance Minister

National RecordBy National RecordApril 21, 2026Updated:April 21, 2026No Comments2 Mins Read
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Tinubu
President Tinubu
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By Our Reporter, with Agency Reports

NIGERIAN President ​Bola Tinubu has approved ‌a minor cabinet shuffle that removed two ministers ​and promoted a ​junior minister to the key ⁠position of Finance ​Minister, a statement issued by the Secretary to the Government of the Federation (SGF), Sen. George Akume disclosed on Tuesday evening.

Oyedele

The statement, signed by Mr Yomi Odunuga, Special Adviser, Media and Publicity to the SGF, said Wale Edun, who served as Minister of Finance and Coordinating Minister for the Economy, had been directed to hand over to Mr Taiwo Oyedele, who has now been elevated to the position.

Oyedele was formerly Minister of State in the ministry.

The SGF also announced Mr Muttaqha Darma as ministerial nominee and Minister-designate for the Ministry of Housing and Urban Development.

According to him, erstwhile minister, Ahmed Dangiwa, was directed to hand over to the Minister of State in the ministry.

Akume said all hand over processes should be completed on or before close of business on Thursday. He explained that the changes were aimed at strengthening cohesion and synergy in governance, as well as enhancing impactful economic delivery to Nigerians under the Renewed Hope Agenda.

The SGF said the president exercised his powers in line with Sections 147 and 148 of the 1999 Constitution (as amended).

He added that the president appreciated the outgoing ministers for their services and wished them success in their future endeavours.

Akume said Tinubu also assured cabinet members that the process of reinvigoration would be continuous.

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New Finance Minister Oyedele President Tinubu
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