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    MarketForces Africa » MarketForces News » Oyedele Replaces Edun as Tinubu Reshuffles Cabinet

    Oyedele Replaces Edun as Tinubu Reshuffles Cabinet

    Olu AnisereBy Olu AnisereApril 21, 2026 News No Comments2 Mins Read
    Oyedele Replaces Edun as Tinubu Reshuffles Cabinet
    Taiwo Oyedele, Finance Minister
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    Oyedele Replaces Edun as Tinubu Reshuffles Cabinet

    President Bola Tinubu has approved a minor cabinet reshuffle in the Federal Executive Council (FEC). A statement issued by the Secretary to the Government of the Federation (SGF), Sen. George Akume. said two ministers would leave the cabinet.

    The statement was signed by Mr Yomi Odunuga, Special Adviser, Media and Publicity to the SGF.

    He said that Edun, who served as Minister of Finance and Coordinating Minister for the Economy, had been directed to hand over to Mr Taiwo Oyedele, now elevated to the position.

    Oyedele was formerly Minister of State in the ministry.

    The SGF also announced Mr Muttaqha Darma as ministerial nominee and Minister-designate for the Ministry of Housing and Urban Development.

    According to him, erstwhile minister, Ahmed Dangiwa, was directed to hand over to the Minister of State in the ministry. Akume said all handing-over processes should be completed on or before close of business on Thursday.

    He explained that the changes were aimed at strengthening cohesion and synergy in governance, as well as enhancing impactful economic delivery to Nigerians under the Renewed Hope Agenda.

    The SGF said the president exercised his powers in line with Sections 147 and 148 of the 1999 Constitution (as amended). He added that the president appreciated the outgoing ministers for their services and wished them success in their future endeavours.

    Akume said Tinubu also assured cabinet members that the process of reinvigoration would be continuous. CBN Auctions N600bn OMO Bills, Raises N1.9trn

    Oyedele
    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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