President Bola Ahmed Tinubu has reshuffled his economic team, nominating renowned fiscal policy expert, Taiwo Oyedele, as the new Minister of State for Finance, in what observers describe as a strategic move to deepen on-going tax and fiscal reforms.
The nomination was conveyed to the Senate in a letter addressed to Senate President Godswill Akpabio, and is pending confirmation by the upper legislative chamber.
The development was announced in a statement signed by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.
Oyedele replaces Dr. Doris Uzoka-Anite, who has been redeployed to the Ministry of Budget and National Planning as Minister of State – her third ministerial portfolio under the current administration.
Until his nomination, Oyedele, 50, served as Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, where he spearheaded sweeping changes aimed at modernising and restructuring Nigeria’s tax system. Widely regarded as one of the country’s leading voices on fiscal sustainability and public finance, he has played a central role in shaping recent tax policy debates.
An indigene of Ikaram-Akoko in Ondo State, Oyedele holds a Higher National Diploma in Accountancy and Finance from Yaba College of Technology and a Bachelor of Science in Applied Accounting from Oxford Brookes University. He further enhanced his expertise through executive education programmes at the London School of Economics, Yale University, Gordon Institute of Business Science, and the Harvard Kennedy School.
He spent 22 years at PwC, joining in 2001 and rising to become Fiscal Policy Partner and Africa Tax Leader, a position that placed him at the forefront of tax advisory and reform initiatives across the continent. Beyond his corporate and policy engagements, Oyedele is a professor at Babcock University and serves as a visiting scholar at the Lagos Business School.
The cabinet reshuffle is seen as part of President Tinubu’s broader strategy to strengthen Nigeria’s revenue base, improve fiscal discipline, and stabilise the economy amid ongoing reform measures.
If confirmed by the Senate, Oyedele is expected to play a pivotal role in aligning fiscal policy with the administration’s macro-economic agenda.
