Wale-Edun-Minsiter-of-Finance.webp
The Digest:

President Bola Tinubu has sacked Wale Edun, Minister of Finance and Coordinating Minister of the Economy, and Umar Dangiwa, Minister of Housing and Urban Development. Secretary to the Government of the Federation, George Akume, announced the cabinet reshuffle in a memo. Taiwo Oyedele, formerly Minister of State for Finance, will take over as Finance Minister. Muttaqha Rabe Darma has been named as a ministerial nominee for Housing. The President thanked the outgoing ministers for their service.

Key Points:
  • The changes aim to strengthen governance and economic delivery under the Renewed Hope Agenda.
  • Edun has been directed to hand over to Taiwo Oyedele by the close of business on Thursday.
  • Dangiwa will hand over to the Minister of State in his ministry.
  • The President exercised his constitutional powers under Sections 147 and 148.
  • Akume noted that the process of reinvigoration shall be continuous.
The cabinet reshuffle signals a strategic shift in Nigeria's economic and housing portfolios.

Sources: Daily Trust