Taiwo Oyedele Named Finance Minister as Edun and Dangiwa Exit FEC
President Bola Ahmed Tinubu has officially approved a minor reshuffle of the Federal Executive Council, resulting in the exit of two high-ranking ministers and the promotion of a key economic official. According to a memo released by the Office of the Secretary to the Government of the Federation (SGF) and signed by the Special Adviser on Media and Publicity, Yomi Odunuga, the President directed Mr. Wale Edun and Arc. Ahmed Musa Dangiwa to vacate their respective positions. Edun, who served as the Minister of Finance and Coordinating Minister for the Economy, is to be replaced by Mr. Taiwo Oyedele, the former Minister of State in the same ministry.
In the Ministry of Housing and Urban Development, the President has named Mr. Muttaqha Rabe Darma (PhD) as the new ministerial nominee and minister-designate to replace the outgoing Ahmed Dangiwa. The official directive stipulates a strict timeline for these transitions, mandating that all handing-over and taking-over processes must be completed by the close of business on Thursday, April 23, 2026. This move is part of a broader effort to reinvigorate the cabinet and ensure the "Renewed Hope" agenda is met with more impactful delivery on the nation's economy.
The Secretary to the Government of the Federation, Senator George Akume, explained that the President’s decision was aimed at strengthening cohesion and synergy within the government. He emphasized that the reshuffle was a full exercise of the President’s constitutional powers as conferred by Sections 147 and 148 of the 1999 Constitution of the Federal Republic of Nigeria (as amended). While the President thanked the outgoing ministers for their service to the nation, the SGF noted that this process of administrative reinvigoration is expected to be continuous.
This information was sourced directly from an official press release issued by the Office of the Secretary to the Government of the Federation, dated April 21, 2026. The document, signed by Yomi Odunuga, serves as the primary notification of the structural changes currently taking place within the Federal Executive Council.
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