President Bola Tinubu has approved a minor reshuffle of his cabinet, 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 development was announced in a statement released on Tuesday by the Special Adviser on Media and Publicity to the Secretary to the Government of the Federation (SGF), Yomi Odunuga. According to the statement, the decision was contained in an official memo signed by the SGF, George Akume.
In their place, the President has appointed Taiwo Oyedele as the new Minister of Finance and Coordinating Minister of the Economy. Dr. Muttaqha Darma has also been named as Minister-designate for Housing and Urban Development.
The memo directed the outgoing ministers to begin immediate handover processes to their successors or the most senior officials in their ministries. It added that all handing-over and taking-over activities must be completed on or before the close of work on Thursday, April 23, 2026.
The Presidency said the reshuffle is part of efforts to strengthen governance and improve performance in key sectors of the economy. According to Akume, the changes are aimed at ensuring better coordination and more effective delivery of government policies under the Renewed Hope Agenda of the Tinubu administration.
“These changes are aimed at strengthening cohesion and synergy in governance, as well as achieving more impactful delivery on the economy to Nigerians,” the SGF stated.
He explained that the President acted within his constitutional powers, as provided under Sections 147 and 148 of the 1999 Constitution (as amended), which give the President authority to appoint and remove ministers.
Akume also conveyed the appreciation of the President to the outgoing ministers for their service to the country. He wished them success in their future endeavours and noted that efforts to reposition the cabinet would continue as needed.
The removal of Edun, who has been one of the key figures in the administration’s economic team, has drawn attention from analysts and stakeholders. Edun was appointed as Minister of Finance and Coordinating Minister of the Economy in August 2023, shortly after President Tinubu assumed office. Before his appointment, he had played a major role as an economic adviser during the campaign period.
During his time in office, Edun was involved in the implementation of several major economic policies, including efforts to stabilise the naira, increase government revenue, and attract foreign investment. His tenure also coincided with difficult economic conditions, including rising inflation, exchange rate challenges, and public concerns over the cost of living.
Taiwo Oyedele, who has now been appointed to replace him, is not new to the finance ministry. He was appointed as Minister of State for Finance in March 2026, just weeks before this latest development. Before joining government, Oyedele was known for his work in tax policy and economic reforms, particularly in the private sector.
His elevation to the top finance position suggests that the President is looking for continuity, while also expecting fresh energy and stronger results in managing the economy.
Similarly, Ahmed Dangiwa’s removal as Minister of Housing and Urban Development comes at a time when the government has been pushing its housing agenda, including plans to deliver affordable homes to Nigerians and improve urban infrastructure.
Dangiwa, who was appointed in 2023, had overseen several housing initiatives, but the sector continues to face challenges such as high construction costs, limited access to financing, and a growing housing deficit estimated in millions of units.
The appointment of Dr. Muttaqha Darma as Minister-designate indicates a possible new direction for the ministry. While not much has been officially disclosed about Darma’s plans, expectations are high that he will bring new ideas to address the country’s housing challenges.
The reshuffle, though described as minor, reflects the administration’s ongoing efforts to review and adjust its team in response to performance and changing national needs. Since assuming office, President Tinubu has repeatedly stated that his government would be focused on results, particularly in improving the economy and the living conditions of Nigerians.
In Nigeria, such changes are usually closely watched, as they can signal shifts in policy direction or priorities. The current reshuffle, coming less than three years into the administration, may be seen as part of a broader effort to reposition the government ahead of the second half of its tenure.
For many Nigerians, the key issue remains the impact of these changes on their daily lives. With rising prices of goods and services, unemployment concerns, and ongoing economic reforms, citizens are eager to see improvements in economic stability and opportunities.
As the new ministers prepare to assume office, attention will likely focus on how quickly they can settle in and begin to deliver on their mandates. The tight deadline for the handover process suggests that the administration wants a smooth and swift transition without disruption to government activities.
The Presidency has assured Nigerians that the reshuffle is in the best interest of the country and is aimed at achieving better results across critical sectors.
Whether the changes will lead to the desired improvements remains to be seen, but they underline the administration’s willingness to make adjustments as it pursues its policy goals under the Renewed Hope Agenda.