President Bola Tinubu has sacked Wale Edun, the Minister of Finance and Coordinating Minister of the Economy.
The Independent Mirror reports that Edun was removed alongside Umar Dangiwa, the Minister of Housing and Urban Development.
The Secretary to the Government of the Federation, Senator George Akume, announced this in a memo.
Edun has been directed to hand over to Mr Taiwo Oyedele, who will now take over as the Minister of Finance and Coordinating Minister of the Economy. Oyedele previously served as the Minister of State for Finance.
Also, Mr Muttaqha Rabe Darma (PhD) has been named as the ministerial nominee and Minister-designate for the Ministry of Housing and Urban Development.
The memo further directed Dangiwa to hand over to the Minister of State in the ministry.
It stated 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 President’s decision, Akume said: “These changes are aimed at strengthening cohesion and synergy in governance, as well as achieving more impactful delivery on the economy for Nigerians through the Renewed Hope Agenda.”
He added that the President, in approving the cabinet reshuffle, has fully exercised his powers as conferred 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 service to the nation and wished them well in their future endeavours.
Akume also noted that the President assured all cabinet members that “the process of reinvigoration shall be continuous.”
