Our Reporter, Abuja
True to speculations that it was only a matter of time, President Bola Tinubu has approved a minor cabinet reshuffle, removing Minister of Finance and Coordinating Minister of the Economy, Wale Edun, from the Federal Executive Council (FEC) and appointing Taiwo Oyedele as his replacement.
The development was announced in a press release issued Tuesday by the Office of the Secretary to the Government of the Federation (SGF).
According to a memo signed by SGF Senator George Akume, Edun is to hand over to Oyedele, who until the latest development served as Minister of State in the Ministry of Finance.
In the same reshuffle, Minister of Housing and Urban Development, Ahmed Musa Dangiwa, was also directed to leave the cabinet.
Akume said President Tinubu has nominated Muttaqha Rabe Darma as ministerial nominee and minister designate for the Housing and Urban Development Ministry, while Dangiwa is to hand over to the Minister of State in the ministry pending Darma’s confirmation.
The memo directed that all handing-over processes be concluded on or before the close of business on Thursday, April 23, 2026.
Explaining the rationale behind the changes, Akume said the reshuffle was aimed at improving governance delivery and boosting economic management.
“These changes are aimed at strengthening cohesion, synergy in governance as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda,” he said.
The SGF noted that the President exercised his constitutional powers under Sections 147 and 148 of the 1999 Constitution (as amended) in approving the changes.
Tinubu also thanked the outgoing ministers for their service to the nation and wished them well in their future endeavours.
Akume added that the President assured cabinet members that the process of “reinvigoration shall be continuous,” signaling the possibility of further adjustments in the administration.
