Tinubu nominates Oyedele as minister of state for finance

President Bola Ahmed Tinubu has nominated Taiwo Oyedele as Minister of State for Finance, replacing Doris Uzoka-Anite, in a minor cabinet reshuffle.

The President conveyed Oyedele’s nomination to the Senate for confirmation in a letter addressed to Senate President Godswill Akpabio on Tuesday.

Uzoka-Anite, who previously served as Minister of Industry, Trade and Investment before her redeployment to the finance ministry, will now move to the Ministry of Budget and National Planning as Minister of State, her third portfolio under the Tinubu administration.

Until his nomination, Oyedele chaired the Presidential Committee on Fiscal Policy and Tax Reforms, where he led sweeping changes to Nigeria’s tax framework.

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A native of Ikaram in Akoko, Ondo State, the 50-year-old economist and public policy expert holds a Higher National Diploma in Accountancy and Finance from Yaba College of Technology and a Bachelor of Science degree in Applied Accounting from Oxford Brookes University.

He also completed executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science and the Harvard Kennedy School.

Oyedele spent 22 years at PwC, joining the firm in 2001 and rising to become Fiscal Policy Partner and Africa Tax Leader.

He is currently a professor at Babcock University, Ogun State, and a visiting scholar at the Lagos Business School.

The nomination is subject to Senate confirmation.