President Bola Ahmed Tinubu has approved a minor reshuffle of the Federal Executive Council, effecting changes in the nation’s finance and housing ministries as part of efforts to strengthen economic coordination and service delivery.
The decision saw the removal of Wale Edun as Minister of Finance and Coordinating Minister of the Economy, alongside Ahmed Dangiwa, who served as Minister of Housing and Urban Development.
A statement issued on Tuesday by the Special Adviser, Media and Publicity to the Secretary to the Government of the Federation (SGF), Yomi Odunuga, disclosed that the changes were contained in an official memo signed by the SGF, George Akume.
According to the memo, tax expert Taiwo Oyedele has been appointed as the new Minister of Finance and Coordinating Minister of the Economy. In the same vein, Dr. Muttaqha Darma has been named Minister-designate for Housing and Urban Development.
The directive mandates the outgoing ministers to commence immediate handover processes to their successors or designated supervising officials. It further stipulated that all transition activities must be concluded on or before the close of business on Thursday, April 23, 2026.
Explaining the rationale behind the reshuffle, Akume stated that the move is part of ongoing efforts to enhance coordination and improve performance across critical sectors of the economy in line with the administration’s Renewed Hope Agenda.
The reshuffle is expected to recalibrate policy implementation in the finance and housing sectors, which are central to the government’s economic recovery and development plans.
