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President Tinubu reshuffles Cabinet, sacks Finance Minister Wale Edun, Musa Dangiwa from FEC

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Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, will headline the 2026 edition of the Africa Business Convention
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TUE APRIL 21 2026-theGBJournal| President Bola Ahmed Tinubu on Tuesday approved a minor cabinet reshuffle, signaling a fresh push to recalibrate his economic team and governance strategy.

The shake-up, according to a memo signed by the Secretary to the Government of the Federation, Senator George Akume, sees the exit of Wale Edun and Ahmed Musa Dangiwa from the Federal Executive Council, with Taiwo Oyedele elevated to take over the critical role of Minister of Finance and Coordinating Minister of the Economy, as the administration moves to strengthen delivery under its Renewed Hope Agenda.

Edun, until the latest development, was the Minister of Finance and Coordinating Minister for the Economy. He has been directed to hand over to Mr. Taiwo Oyedele who is now to take over as Minister of Finance and Coordinating Minister of the Economy. Oyedele was formerly a Minister of State in the ministry.

Also Mr. Muttaqha Rabe Darma (PhD .) 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 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.”

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