President Bola Tinubu has approved a minor cabinet reshuffle, removing the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Housing and Urban Development, Ahmed Dangiwa, from their positions.
The decision was disclosed in an official statement issued through the Office of the Secretary to the Government of the Federation (SGF), confirming that the changes were part of efforts to improve governance performance.
Following the shake-up, Taiwo Oyedele, who previously served as Minister of State for Finance, has been appointed as the new Minister of Finance and Coordinating Minister of the Economy.
Similarly, Dr. Muttaqha Rabe Darma has been named minister-designate for Housing and Urban Development, pending confirmation.
The presidency explained that the reshuffle is aimed at strengthening cohesion, improving policy coordination, and delivering more impactful results under the Renewed Hope Agenda.
Officials also directed that all handover processes be completed by April 23, 2026, ensuring a smooth transition within the affected ministries.
The development marks a significant adjustment within Tinubu’s cabinet, particularly in the economic and infrastructure sectors, as the administration continues to implement reforms and respond to national economic challenges.