President Bola Tinubu has approved a minor reshuffle of the Federal Executive Council, removing the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Housing and Urban Development, Ahmed Dangiwa.
The development was disclosed in a statement issued Tuesday by the Special Adviser on Media and Publicity to the Secretary to the Government of the Federation, Yomi Odunuga, citing a memo signed by the SGF, George Akume.
According to the memo, Taiwo Oyedele has been appointed as the new Minister of Finance and Coordinating Minister of the Economy. Also named is Dr. Muttaqha Darma as Minister-designate for Housing and Urban Development.
The directive mandates the outgoing ministers to conclude handover processes to their successors or supervising officials on or before the close of business on Thursday, April 23, 2026.
Akume explained that the reshuffle is aimed at strengthening coordination, cohesion, and service delivery across key sectors in line with the administration’s Renewed Hope Agenda.
“These changes are aimed at enhancing synergy in governance and ensuring more impactful economic delivery to Nigerians,” he stated.
He added that the President acted within his constitutional powers under Sections 147 and 148 of the 1999 Constitution (as amended).
The SGF also conveyed President Tinubu’s appreciation to the outgoing ministers for their service, noting that cabinet reinvigoration remains an ongoing process.
The statement further recalled that Oyedele was appointed Minister of State for Finance in March 2026, while Edun had been in office since August 16, 2023.
