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politics 38d ago

Tinubu confirms resignations of Edun, Dangiwa; appoints Oyedele as new Finance Minister

Tinubu confirms resignations of Edun, Dangiwa; appoints Oyedele as new Finance Minister

The Nigerian president has officially acknowledged the voluntary resignations of Finance Minister Wale Edun and Musa Dangiwa, replacing Edun with Taiwo Oyedele. This marks a significant cabinet reshuffle amid internal political dynamics and upcoming elections. Watch for upcoming ministerial confirmation hearings and further cabinet adjustments in Nigeria.

President Bola Tinubu has confirmed the resignations of Finance Minister Wale Edun and Housing Minister Musa Dangiwa as part of a cabinet reshuffle, appointing Taiwo Oyedele as the new Finance Minister. The reshuffle, effective April 23, 2026, aims to strengthen governance cohesion and economic delivery ahead of Nigeria’s upcoming elections, according to the Secretary to the Government, Senator George Akume, as reported by Vanguard Nigeria.

Oyedele’s appointment follows Edun’s tenure starting in 2023, during which he spearheaded major economic reforms and attracted increased foreign investment, Reuters details. Meanwhile, Ahmed Musa Dangiwa’s departure from the housing ministry has led to Muttaqha Rabe Darma’s nomination for the role, with President Tinubu seeking Senate confirmation for Darma and other key appointments, including a Central Bank deputy governor, according to Premium Times Nigeria and Vanguard reports.

Inside accounts cited by Premium Times Nigeria suggest a complex backdrop to Edun’s exit, with varying narratives pointing to internal political dynamics within Tinubu’s administration. Despite questions surrounding the decision, official statements emphasize the reshuffle’s focus on enhanced cabinet synergy and economic priorities amid Nigeria’s broader governance adjustments ahead of the 2027 elections.

The Nigerian Senate has already confirmed Muttaqha Rabe Darma as a minister, while further confirmations for new ministerial and central bank appointments remain pending, as detailed by Vanguard Nigeria. The government’s next steps, including Senate approvals and how the reshuffled cabinet will deliver on economic goals, will be closely monitored in the lead-up to the elections.

Developments · 45d ago

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