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Tinubu Sacks Wale Edun, Elevates Taiwo Oyedele as Finance Minister

President Bola Tinubu has removed Wale Edun as Minister of Finance and Coordinating Minister of the Economy and elevated Taiwo Oyedele to take over the position in a minor cabinet reshuffle.

By Oyetoke Adedayo Ebenezer

1 min read 26 views Updated Aug 26, 2026

President Bola Tinubu has approved the removal of Wale Edun as Minister of Finance and Coordinating Minister of the Economy, elevating Taiwo Oyedele to take over leadership of the ministry. The decision was announced as part of a minor cabinet reshuffle by the Federal Government. 

Taiwo Oyedele, who previously served as Minister of State for Finance, is expected to assume full responsibility as Finance Minister and Coordinating Minister of the Economy. He was only recently brought into the Federal Executive Council after his nomination and swearing-in earlier this year. 

Reports say Wale Edun has been directed to hand over to Oyedele, bringing an end to his tenure at the Finance Ministry. The development marks one of the most significant economic portfolio changes in the current administration. 

Oyedele, an economist and former chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, had been appointed Minister of State for Finance in March 2026. His elevation is expected to place him at the centre of Nigeria’s ongoing fiscal and economic reform efforts. 
Filed under #Tinubu #Wale Edun #Taiwo Oyedele #Finance Minister #Coordinating Minister of the Economy #cabinet reshuffle #Federal Government #Nigeria economy #Ministry of Finance

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President Bola Tinubu has removed Wale Edun as Minister of Finance and Coordinating Minister of the Economy and elevated Taiwo Oyedele to take over the position in a minor cabinet reshuffle. President Bola Tinubu has approved the removal of Wale Edun as Minister of Finance and Coordinating Minister of the Economy, elevating Taiwo Oyedele to take over leadership...

Key takeaways
  • President Bola Tinubu has removed Wale Edun as Minister of Finance and Coordinating Minister of the Economy and elevated Taiwo Oyedele to take over the position in a minor cabinet reshuffle.
  • President Bola Tinubu has approved the removal of Wale Edun as Minister of Finance and Coordinating Minister of the Economy, elevating Taiwo Oyedele to take over leadership of the ministry.
  • The decision was announced as part of a minor cabinet reshuffle by the Federal Government.
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What is this story about?

President Bola Tinubu has removed Wale Edun as Minister of Finance and Coordinating Minister of the Economy and elevated Taiwo Oyedele to take over the position in a minor cabinet reshuffle. President Bola Tinubu has approved the removal of Wale Edun as Minister of Finance and Coordinating Minister of the Economy, elevating Taiwo Oyedele to take over leadership...

Who published this story?

Glow 99.1 FM published this story with Oyetoke Adedayo Ebenezer listed as author.

When was it published?

April 21, 2026

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