Taiwo Oyedele has assumed workplace as the brand new Minister of Finance and Coordinating Minister of the Economic system.
Oyedele’s assumption of workplace adopted the handover from his predecessor, Wale Edun who resigned the place on well being grounds.
In a press release shared on X, after the handover ceremony, Oyedele mentioned he’s dedicated to {economic} reforms that will place the nation on the specified trajectory.
Noting that Nigeria is at present at a vital juncture, the brand new minister mentioned, having taken necessary steps to stabilise the financial system, the speedy process earlier than him is to consolidate these good points, deepen ongoing reforms, and guarantee they translate into tangible advantages for all Nigerians.
Reeling out a number of the methods his staff can be adopting to enhance productiveness and development, Oyedele mentioned he goals to create a predictable and investor-friendly setting anchored on coverage coherence, consistency, and readability.
On fiscal self-discipline and sustainability, the Minister assured that there can be clear and prudent administration of public assets whereas harmonising income administration, broadening the tax base, decreasing the burden on the susceptible inhabitants, and supporting {economic} development for optimisation and honest taxation.
He additionally acknowledged that in his tenure, the Federal Authorities will align efforts throughout all tiers and establishments to maximise coverage influence for stronger coordination.
On public Coverage Personal Partnership (PPPP), Oyedele reaffirmed his committment to deepening collaboration with the non-public sector and different key stakeholders for data-driven coverage design, co-implementation, and suggestions for steady enchancment.
“Good coverage design alone isn’t sufficient, success might be outlined by execution. We’re dedicated to disciplined implementation, accountability, and measurable outcomes.
“I sit up for working with colleagues throughout authorities, the non-public sector, and all Nigerians as we transfer from reform to consequence, speed up development and construct a extra secure, inclusive, and affluent financial system,” the Minister acknowledged.