President Bola Tinubu has reshuffled the membership of the Federal Executive Council, with Taiwo Oyedele replacing Wale Edun as the new Minister of Finance and Coordinating Minister of the Economy.
ThelensNG reports that Oyedele was formerly the Minister of State for Finance.
According to a memo signed by the Secretary to the Government of the Federation, Senator George Akume, Muttaqha Rabe Darma has been named to replace Ahmed Musa Dangiwa as the Minister of Housing and Urban Development.
“All handing over and taking over processes should be completed on or before close of business on Thursday, April 23, 2026,” the memo stated.
Explaining President Tinubu’s decision, Akume said: “These changes are aimed at strengthening cohesion and synergy in governance, as well as achieving more impactful economic delivery to Nigerians under the Renewed Hope Agenda.”
He noted that the President exercised his powers under Sections 147 and 148 of the 1999 Constitution (as amended).
Tinubu thanked the outgoing ministers for their service and wished them well in their future endeavours.
He also assured cabinet members that “the process of reinvigoration shall be continuous.”
