President Bola Tinubu has nominatedTaiwo Oyedele, the prominent architect of Nigeria’s recent fiscal overhaul, as the new Minister of State for Finance.
The nomination, announced on Tuesday, marks a transition in the administration’s economic team.
Oyedele replaces Doris Uzoka-Anite, who has been redeployed to the Ministry of Budget and National Planning as Minister of State.
This move represents the third ministerial portfolio for Uzoka-Anite since the administration began in 2023.
The 50-year-old Oyedele, a native of Ikaram, Akoko in Ondo State, is widely regarded for his role as the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms.
Under his leadership, the committee masterminded four landmark tax bills passed last year, which unified Nigeria’s revenue collection and introduced sweeping reforms to the nation’s fiscal landscape.
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Tinubu conveyed Oyedele’s nomination to Senate President Godswill Akpabio for confirmation in a letter sent today.Oyedele brings over two decades of experience from the private sector and academia.
He spent 22 years at PwC, where he rose to become the Fiscal Policy Partner and Africa Tax Leader.
An alumnus of Yaba College of Technology (HND) and Oxford Brookes University (BSc), Oyedele also holds executive certifications from Harvard Kennedy School, Yale, LSE, and the Gordon Institute of Business Science.
He serves as a professor at Babcock University and is a visiting scholar at the Lagos Business School.
The exit of Uzoka-Anite from the Finance Ministry follows a period of intense reform, including the implementation of Executive Order 9 of 2026.
Her move to the Budget and National Planning is expected to strengthen the synergy between fiscal planning and national developmental goals.
In a statement signed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the Presidency emphasised that these changes are part of a continuous effort to optimise the administration’s economic performance as Nigeria navigates its “acceleration phase” in 2026.
