President makes targeted changes to strengthen economic management and governance delivery.
By John Ishaku | Abuja, Nigeria
President Bola Ahmed Tinubu has approved a minor cabinet reshuffle, resulting in the exit of two ministers and the appointment of new officials. The changes affect the ministries of finance and housing, with immediate handover directives issued.
According to a memo from the Office of the Secretary to the Government of the Federation (SGF), signed by George Akume, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and Minister of Housing and Urban Development, Ahmed Musa Dangiwa, have been directed to step down.
Edun is to hand over to Taiwo Oyedele, who has been elevated to the position of Minister of Finance. Oyedele previously served as Minister of State in the same ministry.
In a related move, Muttaqha Rabe Darma has been named ministerial nominee and Minister-designate for the Ministry of Housing and Urban Development, pending confirmation.
The directive mandates that all handover processes be completed on or before April 23, 2026.
The SGF stated that the reshuffle is aimed at strengthening cohesion within the Federal Executive Council (FEC) and improving policy coordination, particularly in the delivery of economic outcomes under the administration’s Renewed Hope Agenda.
The presidency also noted that the changes were effected under Sections 147 and 148 of the 1999 Constitution (as amended), which empower the President to appoint and reassign ministers.
President Tinubu expressed appreciation to the outgoing ministers for their service and wished them success in their future endeavours.
Finance Ministry Gets New Leadership
The appointment of Oyedele signals a shift in economic management strategy, with expectations of renewed focus on fiscal reforms and policy execution.
His prior role within the ministry is expected to support continuity in ongoing economic programmes.
Housing Ministry Awaits Confirmation of New Nominee
The nomination of Darma introduces new leadership to the housing sector, while the Minister of State is to oversee interim operations pending confirmation.
Officials say the move is part of broader efforts to improve performance and service delivery across key sectors.
The reshuffle reflects an ongoing recalibration of Tinubu’s cabinet amid economic pressures and governance expectations. Changes in the finance ministry, in particular, could signal adjustments in fiscal policy direction and reform priorities, with direct implications for inflation, investment, and public confidence.
![Nigerian military prepares to cordon the area where a man was killed by suspected rebel fighters during an attack around the Polo area of Maiduguri, Nigeria, in 2019 [File: Afolabi Sotunde/Reuters]](https://a1news.com.ng/wp/wp-content/uploads/2026/05/Nigeria-military-on-patrol.webp)
Leave a Reply