Oyedele Takes Helm at Finance Ministry, Vows to Deepen Economic Reforms and Deliver Results
By Onwe Wisdom, Pan Afric Reporters
Nigeria’s economic reform drive received a fresh boost on Thursday as Taiwo Oyedele formally assumed office as the Honourable Minister of Finance and Coordinating Minister of the Economy, pledging to sustain and deepen ongoing fiscal and structural reforms.
The transition, which followed the handover by his predecessor Wale Edun, signals continuity in the Federal Government’s economic agenda aimed at stabilising the macroeconomic environment and driving sustainable growth.
According to a press release issued by the Federal Ministry of Finance and signed by Efe Ovuakporie, Head of Information and Public Relations Unit, the handover was conducted on April 23, 2026, in line with the directive of President Bola Ahmed Tinubu.
In his remarks, Oyedele commended his predecessor for laying a solid foundation through key reforms that improved revenue performance and fiscal coordination.
“I commend the outgoing Minister for his service and contributions to the ongoing reform efforts in the economy,” he said.
He also expressed gratitude to President Tinubu for the confidence reposed in him.
“I appreciate Mr. President for the opportunity to serve and will work diligently to justify this trust,” Oyedele stated.
The new minister emphasised his commitment to building on existing reforms while focusing on measurable outcomes across critical sectors.
“We will build on the progress made and ensure that reforms translate into tangible benefits for Nigerians,” he added.
Speaking at the event, Permanent Secretary of the Ministry, Raymond Omachi, alongside Permanent Secretary (Special Duties), Mohammed Sanusi Danjuma, pledged the full support and cooperation of the Ministry’s management and staff toward achieving the administration’s economic priorities.
The Ministry noted that Oyedele’s assumption of office reinforces its commitment to fiscal discipline, policy continuity, and improved service delivery, as the government intensifies efforts to reposition the economy for long-term stability and growth.
