JUST IN: President Tinubu Appoints New Minister of Finance

President Bola Ahmed Tinubu has named Mr. Taiwo Oyedele as the new Minister of State for Finance.

His appointment replaces Dr. Doris Anite-Uzoka, who has been redeployed to the Ministry of Budget and National Planning as Minister of State.

The change marks the third ministerial posting for Anite-Uzoka since the inauguration of the current administration.

The President formally transmitted Oyedele’s nomination to the Senate for screening and confirmation.
The letter was addressed to Senate President Godswill Akpabio on Tuesday.

Oyedele hails from Ikaram in Akoko area of Ondo State.
Until his nomination, he served as Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms.

In that role, he coordinated major reviews of Nigeria’s tax structure.
The reforms were part of the Federal Government’s broader plan to stabilise public revenue and reduce fiscal leakages.

Oyedele is 50 years old.
He is an economist, accountant, and public policy specialist with more than 20 years of professional experience across public and private sectors.

He holds a Higher National Diploma in Accountancy and Finance from Yaba College of Technology.
He also earned a Bachelor’s degree in Applied Accounting from Oxford Brookes University.

He has completed executive education programmes at institutions including the London School of Economics, Yale University, and the Harvard Kennedy School.

Before joining government, Oyedele spent over two decades at PricewaterhouseCoopers.
He rose to the position of Fiscal Policy Partner and Africa Tax Leader.

During that period, he advised governments and multinational organisations on tax systems and fiscal strategy across several African countries.

Beyond his consulting career, Oyedele lectures at Babcock University.
He is also a visiting scholar at the Lagos Business School.

His nomination is seen as a strategic move to deepen ongoing economic reforms.
Key focus areas include revenue mobilisation, tax compliance, and coordination of national fiscal policy.

Government sources say his experience in taxation and economic planning is expected to support efforts to stabilise Nigeria’s finances amid current economic pressures.

The appointment will take effect after Senate confirmation.