How Tinubu Sacked Finance Minister Wale Edun Weeks After Hon. Alex Mascot Uncovered ‘Lacking’ N1.15tr

President Bola Tinubu has eliminated the Minister of Finance and Coordinating Minister of the Economic system, Mr. Wale Edun, in a dramatic cupboard reshuffle that has despatched shockwaves via the Federal Govt Council—and renewed consideration on the lawmaker who first uncovered the {financial} scandal now haunting the administration.

That lawmaker is Hon. Alex Mascot Ikwechegh, the fearless member representing Aba North/Aba South Federal Constituency, whose relentless questioning throughout a February price range defence listening to laid naked a staggering fact: ₦1.15 trillion in authorised capital funds had vanished into skinny air, with zero disbursement to any capital venture throughout Nigeria.

It was Wednesday, February 25, 2026, when Hon. Mascot—a key member of the Home Committee on Aids and Loans—took the ground on the Appropriation Committee’s price range defence session. Armed with insider paperwork from his committee project, he painted a disturbing image: billions of {dollars} in loans had been secured, report revenues had been generated by FIRS and Customs, but not a single kobo had reached any capital venture. Roads, hospitals, faculties—all left to rot whereas funds sat untouched.

Then got here the query that silenced the complete room: “Why the capital of the Nigerian authorities stays at zero in 2026?”

When a flustered Minister Edun tried to shift duty to his Minister of State, Doris Uzoka-Anite, Hon. Mascot refused to again down. The committee adjourned and summoned her. She appeared the following day, confirmed the funds have been authorised, however blamed “pre-disbursement circumstances.” Hon. Mascot was prepared. He requested her a easy query: identify one ministry that met all circumstances and was nonetheless denied funding. She couldn’t identify a single one.

Precisely one week later, on March 3, Uzoka-Anite was eliminated as Minister of State for Finance—her third portfolio in two years.

Now, lower than two months after that historic listening to, Wale Edun has additionally been sacked. The Secretary to the Authorities of the Federation introduced his removing in a memo dated April 20, 2026, citing the necessity to “strengthen cohesion” in governance. Taiwo Oyedele, who was appointed Minister of State after Uzoka-Anite’s fall, has now been elevated to substantive Minister of Finance.

The official statements have by no means talked about Hon. Mascot’s identify. They by no means will. However Nigerians should not fools. The timeline speaks louder than any press launch: a lawmaker requested powerful questions on lacking funds, and inside weeks, two ministers who appeared earlier than his committee have misplaced their portfolios.

This isn’t the primary time Hon. Mascot has shaken the institution. Simply days after Uzoka-Anite’s removing, he made a daring political transfer, resigning from APGA and becoming a member of the Labour Celebration, the place he was warmly acquired by Governor Alex Otti, who has described his efficiency as “magical.” His constituents in Aba North and Aba South—a business hub—now boast a consultant whose affect reaches the best ranges of presidency.

However right here is the query Nigerians should now ask: has he been settled?

Sacking each ministers from the finance ministry doesn’t negate the truth that there was {financial} malfeasance and misappropriation of funds. Two ministers have misplaced their jobs, however has a single kobo been recovered? Has any investigation been launched? Has anybody been charged with against the law?

The person from Aba who silenced the room together with his questions has now gone mute. The cash continues to be lacking. And till Hon. Mascot speaks once more, Nigerians are left to surprise: was he settled, or was he silenced?