Oyedele New Finance Minister As Tinubu Approves Cupboard Reshuffle, Replaces Edun, Dangiwa

President Bola Ahmed Tinubu has authorised a minor cupboard reshuffle affecting the membership of the Federal Govt Council (FEC), with two ministers exiting the cupboard and replacements introduced.

In keeping with a memo signed by the Secretary to the Authorities of the Federation, Senator George Akume, Mr. Wale Edun and Arc. Ahmed Musa Dangiwa are to go away the cupboard.

Edun, who served as Minister of Finance and Coordinating Minister of the Economic system, has been directed at hand over to Mr. Taiwo Oyedele, who now assumes the position. Oyedele beforehand served as Minister of State within the ministry.

Within the housing sector, Mr. Muttaqha Rabe Darma has been named as ministerial nominee and Minister-designate for the Ministry of Housing and City Growth.

The memo additionally directed Dangiwa at hand over to the Minister of State within the ministry pending the affirmation of the brand new appointee.

It acknowledged that every one handing-over and taking-over processes have to be accomplished on or earlier than the shut of enterprise on Thursday, April 23, 2026.

Explaining the choice, Akume stated the modifications had been geared toward strengthening governance.

“These modifications are geared toward strengthening cohesion, synergy in governance in addition to reaching extra impactful supply on the economic system to Nigerians, by the Renewed Hope Agenda,” he stated.

He famous that the President exercised his constitutional powers below Sections 147 and 148 of the 1999 Structure (as amended) in approving the reshuffle.

The President thanked the outgoing ministers for his or her service to the nation and wished them nicely of their future endeavours.

He additionally assured members of the cupboard that efforts to reinvigorate governance could be ongoing.

Times Nigeria