President Bola Tinubu has approved a minor reshuffle of the Federal Executive Council, removing Wale Edun and Ahmed Dangiwa from their positions.
The development was disclosed in a statement issued on Tuesday by Special Adviser on Media and Publicity to the Secretary to the Government of the Federation, Yomi Odunuga.
The statement referenced a memo signed by the Secretary to the Government of the Federation, George Akume.
According to the memo, Taiwo Oyedele has been appointed as the new Minister of Finance and Coordinating Minister of the Economy.
In the same vein, Muttaqha Darma was named Minister-designate for Housing and Urban Development.
The directive instructs the outgoing ministers to conclude handover processes to their successors or supervising officials no later than the close of work on Thursday, April 23, 2026.
Explaining the rationale behind the reshuffle, SGF George Akume said the move is intended to enhance coordination and improve performance across critical sectors of the economy.
“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,” Akume stated.
He added that the president exercised his constitutional authority under Sections 147 and 148 of the 1999 Constitution (as amended) in making the changes.
The SGF also conveyed the president’s appreciation to the outgoing ministers for their service, noting that cabinet adjustments would remain an ongoing process aimed at improving governance outcomes.
In March, Tinubu sworn in Oyedele as minister of state for finance and thanked the tax expert for accepting the responsibility to serve the country and commended his contributions to Nigeria’s ongoing tax reforms.
“You are just a very dedicated and highly determined individual. It didn’t take much for me to decide where you fit and where you need to be to further help the country,” the president said.
Tinubu also acknowledged that managing fiscal policy and government finances at a time when Nigeria is pursuing economic stability requires commitment and strong leadership.
Oyedele’s inauguration came five days after the Nigerian Senate confirmed his nomination.
