President Bola Ahmed Tinubu has nominated renowned economist and fiscal policy expert, Taiwo Oyedele, as the new Minister of State for Finance, subject to confirmation by the Nigerian Senate.
The nomination was formally conveyed to the Senate in a letter addressed to the Senate President, Godswill Akpabio, marking another strategic adjustment within the administration’s economic management team.
As part of the cabinet reshuffle, the outgoing Minister of State for Finance, Doris Uzoka-Anite, has been redeployed to the Ministry of Budget and National Planning as Minister of State, making it her third ministerial assignment under the current administration.
Before his nomination, Taiwo Oyedele served as Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, where he played a pivotal role in restructuring Nigeria’s tax framework and advancing fiscal reform initiatives aimed at improving revenue generation and economic sustainability.
Oyedele, a native of Ikaram-Akoko in Ondo State, is widely respected for his expertise in economics, taxation, accounting, and public policy. The 50-year-old technocrat began his academic journey at Yaba College of Technology, where he obtained a Higher National Diploma (HND) in Accountancy and Finance. He later earned a Bachelor of Science degree in Applied Accounting from Oxford Brookes University.
He further enhanced his professional competence through executive education programmes at globally recognized institutions including the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.
Oyedele spent over two decades at PricewaterhouseCoopers (PwC), joining the firm in 2001 and rising to the position of Fiscal Policy Partner and Africa Tax Leader. In addition to his corporate achievements, he currently serves as a professor at Babcock University and as a visiting scholar at the Lagos Business School.
His nomination is widely viewed as part of President Tinubu’s broader efforts to strengthen Nigeria’s fiscal and economic reform agenda through experienced technocrats with deep policy expertise.
