Wale Edun and Ahmed Dangiwa "Resigned Voluntarily" Presidency states

The Presidency has issued a formal clarification regarding the exit of former Finance Minister Wale Edun and Housing Minister Ahmed Musa Dangiwa, stating that both officials resigned voluntarily. Special Adviser on Media and Publicity, Bayo Onanuga, refuted claims of a "sacking," specifically noting that Edun stepped down on health grounds.

This statement is intended to stabilize market sentiment following the sudden cabinet reshuffle that saw Taiwo Oyedele elevated to the Finance Ministry. The Presidency reiterated that the transition is part of a planned "reinvigoration" of the Federal Executive Council aimed at strengthening synergy and governance delivery.

Wale Edun had been a central figure in the administration’s structural reforms, including the removal of fuel subsidies and the unification of the exchange rate. His departure on medical grounds marks the end of a pivotal first chapter in Tinubu’s economic management.

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