KEY POINTS

• President Bola Tinubu has reshuffled the Federal Executive Council, dropping finance minister Wale Edun and housing minister Ahmed Dangiwa.
• Taiwo Oyedele, the former minister of state for finance, takes over as minister of finance and coordinating minister of the economy.
• Muttaqha Darma has been named ministerial nominee for housing and urban development, with handovers due by close of business on April 23, 2026.

President Bola Tinubu has dropped two members of his cabinet and handed the keys to the country’s finance brief to a familiar face. In a minor reshuffle of the Federal Executive Council, Wale Edun is out as minister of finance and coordinating minister of the economy, with Taiwo Oyedele, the minister of state in the ministry, stepping up to take over.

Akume sets out the changes as Tinubu cabinet reshuffle

George Akume, the secretary to the government of the federation, signed a memo setting out the changes. It directed Edun to hand over to Oyedele, with the new finance minister immediately stepping into both the finance portfolio and the coordinating role.

Tinubu also pushed out Ahmed Dangiwa as minister of housing and urban development, naming Muttaqha Darma as ministerial nominee and minister-designate for the same ministry. Dangiwa hands over to the minister of state at housing in the meantime, while Darma awaits Senate confirmation in line with the standard process for ministerial nominees. All handover should wrap up by close of business on April 23, 2026.

Explaining the move, Akume said the changes target sharper cohesion across government, tighter synergy in policymaking and faster delivery on Tinubu’s economic agenda for the rest of his first term.

“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,” Akume said.

The president acted under Sections 147 and 148 of the 1999 Constitution, which give him broad authority to appoint and remove ministers without a fresh parliamentary process. He thanked the outgoing ministers for their service and wished them well in future roles.

Akume also signaled that more changes could follow, telling cabinet members that the process of reinvigoration will continue across the rest of the administration.

Oyedele takes the macro brief

The reshuffle lands at a moment when the Tinubu administration is leaning hard into its Renewed Hope Agenda, with the economy taking center stage in the political conversation. Oyedele, who has spent the last stretch of the administration as minister of state, now inherits the wider macroeconomic brief at a difficult time of high inflation, naira pressure and stretched household incomes for ordinary Nigerians.

Edun and Dangiwa close out two of the more visible ministerial runs of Tinubu’s first term. Oyedele and Darma, meanwhile, take charge of two of the country’s most-scrutinized ministries starting Thursday, with the clock ticking on the administration’s promises to Nigerians.