By Ogungbayi Adeyemi S. | adeyemi@ddnewsonline.com
Editor, DDNews |
President Bola Ahmed Tinubu has approved a minor reshuffle of the Federal Executive Council, removing the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Minister of Housing and Urban Development, Mr. Ahmed Dangiwa, from their positions. The development was contained in a memo signed by the Secretary to the Government of the Federation (SGF), Senator George Akume, and released on Tuesday, April 21, 2026, by the Special Adviser on Media and Publicity to the SGF, Mr. Yomi Odunuga.
According to the memo, Taiwo Oyedele has been appointed as the new Minister of Finance and Coordinating Minister of the Economy, while Dr. Muttaqha Darma has been named Minister-designate for Housing and Urban Development. The outgoing ministers have been directed to conclude handover processes to their respective successors or supervising officials on or before the close of business on Thursday, April 23, 2026.
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Explaining the decision, Senator Akume said the changes were aimed at improving coordination and strengthening delivery across key sectors of the economy under the Renewed Hope Agenda. “These changes are aimed at strengthening cohesion, synergy in governance as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda,” Akume stated.
He added that President Tinubu acted in line with his constitutional powers as provided under Sections 147 and 148 of the 1999 Constitution (as amended). The SGF also conveyed the President’s appreciation to the outgoing ministers for their service to the nation and wished them well in their future endeavours, noting that the process of cabinet reinvigoration would remain continuous.
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Taiwo Oyedele was appointed as Minister of State for Finance in March 2026, while Wale Edun was among the ministers appointed on August 16, 2023. The minor reshuffle is seen as part of ongoing efforts by the Tinubu administration to reposition key economic and infrastructural portfolios for better performance.
DDNewsOnline – Lagos
By Ogungbayi Adeyemi S. (Beedee)
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