By Danjuma Amodu | April 21, 2026
President Bola Ahmed Tinubu has approved a minor reshuffle of the Federal Executive Council, directing two ministers to vacate their positions while announcing their replacements.
According to a memo signed by the Secretary to the Government of the Federation, Senator George Akume, the Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, and the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, are to leave the cabinet.
A statement issued on Tuesday evening by the Special Adviser, Media and Publicity to the SGF, Yomi Odunuga, said Mr Taiwo Oyedele, formerly Minister of State for Finance, will now take over as Minister of Finance and Coordinating Minister for the Economy. Edun has been directed to hand over to him.
The President has also nominated Dr Muttaqha Rabe Darma as ministerial nominee and minister-designate for the Ministry of Housing and Urban Development. Dangiwa is to hand over to the Minister of State in the ministry pending Darma’s confirmation by the Senate.
The memo directed that “all handing over and taking over processes should be completed on or before the close of business on Thursday, 23rd April 2026.”
Explaining the decision, Odunuga quoted Akume as saying: “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 added that the President, in approving the reshuffle, had fully exercised his powers as conferred by Sections 147 and 148 of the Constitution of the Federal Republic of Nigeria, 1999, as amended.
President Tinubu thanked the outgoing ministers for their service to the nation and wished them well in their future endeavours. Akume noted that the President also assured cabinet members that “the process of reinvigoration shall be continuous.”
Cabinet reshuffles have been a recurring feature of Nigerian administrations as Presidents seek to realign policy delivery and political balance. The Ministry of Finance and Coordinating Minister for the Economy is central to the government’s economic reform drive, overseeing fiscal policy, debt management, and coordination with monetary authorities. Taiwo Oyedele, the new appointee, previously chaired the Presidential Committee on Fiscal Policy and Tax Reforms and served as Minister of State for Finance.
The Ministry of Housing and Urban Development oversees the Renewed Hope Cities and Estates programme, a flagship initiative aimed at addressing Nigeria’s housing deficit. Ministerial nominees require confirmation by the Senate in line with Section 147 of the Constitution.
As of press time, organised labour and key economic stakeholders had yet to issue formal responses to the changes. However, a senior presidency source who asked not to be named said the move was “to inject fresh energy into economic management and housing delivery” ahead of the administration’s mid-term review.
Opposition figures had not reacted to the development at the time of filing this report.
