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

President Bola Ahmed Tinubu has approved a minor cabinet reshuffle affecting the membership of the Federal Executive Council (FEC), with two ministers exiting the cabinet and replacements announced.

According to a memo signed by the Secretary to the Government of the Federation, Senator George Akume, Mr. Wale Edun and Arc. Ahmed Musa Dangiwa are to leave the cabinet.

Edun, who served as Minister of Finance and Coordinating Minister of the Economy, has been directed to hand over to Mr. Taiwo Oyedele, who now assumes the role. Oyedele previously served as Minister of State in the ministry.

In the housing sector, Mr. Muttaqha Rabe Darma has been named as ministerial nominee and Minister-designate for the Ministry of Housing and Urban Development.

The memo also directed Dangiwa to hand over to the Minister of State in the ministry pending the confirmation of the new appointee.

It stated that all handing-over and taking-over processes must be completed on or before the close of business on Thursday, April 23, 2026.

Explaining the decision, Akume said the changes were aimed at strengthening governance.

“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.

He noted that the President exercised his constitutional powers under Sections 147 and 148 of the 1999 Constitution (as amended) in approving the reshuffle.

The President thanked the outgoing ministers for their service to the nation and wished them well in their future endeavours.

He also assured members of the cabinet that efforts to reinvigorate governance would be ongoing.

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