SAT APRIL 25 2026-theGBJournal| Nigeria’s new Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has formally assumed office, signalling the start of a new phase in the country’s economic reform journey.
Taking over from Wale Edun, Oyedele pledged to consolidate recent stabilisation gains, deepen ongoing reforms, and ensure economic policies deliver measurable improvements in the lives of Nigerians.
In his first remarks as minister, Oyedele outlined a reform-focused agenda anchored on productivity, fiscal discipline, revenue optimisation, and stronger policy coordination.
He stressed that while Nigeria has made difficult but necessary economic adjustments, the priority now is to translate those reforms into sustainable growth, investor confidence, and broader economic inclusion.
Oyedele said his administration will focus on boosting productivity and growth by creating a more predictable, coherent, and investor-friendly policy environment.
He also pledged to strengthen fiscal discipline through more transparent and prudent management of public resources, while advancing revenue reforms aimed at broadening the tax base, improving efficiency in revenue administration, and easing the burden on vulnerable Nigerians.
He further identified stronger coordination across government institutions as critical to improving policy outcomes, noting that better alignment at all levels of government would be essential to maximising impact.
In addition, he emphasised the importance of deeper collaboration between the public and private sectors, describing data-driven partnerships and co-implementation as central to designing more effective and responsive economic policies.
According to the minister, the success of the administration’s economic agenda will depend not only on sound policy design, but on disciplined execution, accountability, and measurable outcomes.
He said the goal is to move Nigeria “from reform to result” by accelerating growth and building a more stable, inclusive, and prosperous economy.
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