The Nigerian Senate on Wednesday confirmed Taiwo Oyedele as a minister-designate following a thorough two-hour screening at the National Assembly.
Senate President Godswill Akpabio announced the confirmation after lawmakers delivered a unanimous voice vote during the Committee of the Whole.
Oyedele, the immediate past chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, is set to assume the role of Minister of State for Finance, succeeding Doris Uzoka-Anite.
During the session, the 50-year-old economist, accountant, and public policy specialist faced intensive questioning from senators on his plans for Nigeria’s fiscal policy.
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Drawing on more than 22 years of experience with global corporations and national governments, Oyedele described his appointment as a critical responsibility rather than a personal milestone.
“This is not about personal accomplishments; it is a call to serve at a pivotal time when Nigeria faces substantial fiscal challenges alongside significant opportunities,” he told the chamber.
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He thanked President Bola Tinubu for the nomination and expressed appreciation to the Senate for the opportunity to share his vision for economic transformation and strengthened fiscal governance.
Oyedele’s confirmation follows a notable tenure as head of the Presidential Tax Reforms Committee, where he played a leading role in designing Nigeria’s new tax framework aimed at simplifying revenue collection and easing the burden on small businesses.
Lawmakers probed how he would translate his reformist and theoretical expertise into practical action at the Ministry of Finance.
His experience as a former Fiscal Policy Partner at PwC and as a lecturer at Babcock University was highlighted as a strong foundation for his upcoming ministerial duties.
Following confirmation, Oyedele is expected to be sworn in by Tinubu in the coming days.
