Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has been asked to hand over following a minor cabinet reshuffle approved by President Bola Ahmed Tinubu.
According to a memo signed by the Secretary to the Government of the Federation, George Akume, Edun and the Minister of Housing and Urban Development, Ahmed Musa Dangiwa, are to leave the Federal Executive Council (FEC), with their replacements already named.
Edun has been directed to hand over to Taiwo Oyedele, who was previously Minister of State for Finance and will now assume office as Minister of Finance and Coordinating Minister of the Economy.
Similarly, Ahmed Musa Dangiwa has been directed to hand over to Muttaqha Rabe Darma, who has been named as ministerial nominee and minister designate for the Ministry of Housing and Urban Development.
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A statement issued by Yomi Odunuga, media aide to the SGF, confirmed that both outgoing ministers have been instructed to complete the handover process.
The memo stated that “all handing over and taking over processes should be completed on or before close of business on Thursday, 23rd April, 2026.”
No reason was given for the reshuffle, and the memo did not indicate the future roles of the outgoing ministers.
Explaining the decision, Akume said: “These changes are aimed at strengthening cohesion and synergy in governance, as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda.”
He added that the President exercised his powers under Sections 147 and 148 of the Constitution of the Federal Republic of Nigeria (1999, as amended) in approving the reshuffle.
President Tinubu thanked the outgoing ministers for their service and wished them well in their future endeavors. He also assured cabinet members that “the process of reinvigoration shall be continuous.”
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