President Tinubu has formally relieved Wale Edun as minister of finance.
Following this unexpected development, the president has appointed chairman of the tax reforms committee, Taiwo Oyedele as the new minister of finance.
President Tinubu approved a small cabinet reorganisation, according to a statement released on Tuesday by the Office of the Secretary to the Government of the Federation.
According to a notice signed by Secretary to the Federation, Senator George Akume, two cabinet members in the person of Wale Edun and Arc Ahmed Musa Dangiwa are to exit the cabinet while their replacements have been announced.
Prior to the most recent event, Walw Edun served as the Coordinating Minister for the Economy and Minister of Finance. He has been instructed to turn over to Mr. Oyedele, who will now assume the role of Coordinating Minister of the Economy and Minister of Finance.
Additionally, Mr Muttaqha Rabe Darma (PhD) has also been appointed as the ministerial nominee and minister designate for the Housing and Urban Development Ministry.
The memo further states that “all handing over and taking over processes should be completed on or before the close of business on Thursday, 23rd April, 2026.”
Akume noted that “These changes are aimed at strengthening cohesion, synergy in governance as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda.”
He said that by authorising the cabinet reorganisation, the President had fully used the authority granted to him by Sections 147 and 148 of the Federal Republic of Nigeria’s Constitution (1999, as amended).
The President wished the departing ministers the best of luck in all of their future pursuits and thanked them for their services to the country.
All cabinet members were equally reassured by the President that “the process of reinvigoration shall be continuous,” according to Akume.
Join Our Social Media Channels:
WhatsApp: NaijaEyes
Facebook: NaijaEyes
Twitter: NaijaEyes
Instagram: NaijaEyes
TikTok: NaijaEyes
