The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Housing and Urban Development, Ahmed Musa Dangiwa, have exited the cabinet of President Bola Ahmed Tinubu, with their replacements named.
Tinubu approved the cabinet reshuffle made known by the Secretary to the Government of the Federation, Senator George Akume.
In a memo signed by Akume, the replacements for Edun and Dangiwa were also named.
Edun has been directed to hand over to Taiwo Oyedele, who is now to take over as the Minister of Finance and Coordinating Minister of the Economy.
Oyedele was formerly a Minister of State in the ministry.
Also Muttaqha Rabe Darma has been named as the ministerial nominee and minister-designate for the Housing and Urban Development Ministry.
The memo also directed Dangiwa to hand over to the Minister of State in the ministry.
The memo stated: “All handing over and taking over processes should be completed on or before close of business on Thursday 23rd April, 2026.”
Explaining the President’s decision, Akume said: “These changes are aimed at strengthening cohesion, synergy in governance as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda.”
He said the President, in approving the cabinet reshuffle, has fully exercised his powers as conferred on him by Sections 147 and 148 of the Constitution of the Federal Republic of Nigeria (1999, as amended).
Tinubu thanked the outgoing ministers for their services to the nation while wishing them the best in all their future endeavours.
The President, Akume noted, equally assured all cabinet members that “the process of reinvigoration shall be continuous”.