BREAKING: Tinubu Sacks Finance Minister Edun, Dangiwa, Elevates Oyedele in Minor Cabinet Reshuffle

President Bola Tinubu has sacked Wale Edun as Minister of Finance and Coordinating Minister of the economy..

In his place he asked Taiwo Oyedele0 who was formerly Minister of State for Finance to take over as Minister of Finance and Coordinating Minister of the Economy.

Edun was relieved of his duty alongside Umar Dangiwa, Minister of Housing and Urban Development.

This was contained in a memo signed by the Secretary to the Government of the Federation, Senator George Akume, on Tuesday.

In the memo, the President named Mr. Muttaqha Rabe Darma (PhD .) 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 that “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).

The President 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.”