President Bola Ahmed Tinubu has officially sworn in Taiwo Oyedele as Nigeria’s new Minister of State for Finance.
Oyedele took the oath of office before the President on Monday at the Presidential Villa in Abuja, formally assuming his role in the Federal Executive Council.
The President had nominated Oyedele for the position on March 3, 2026, replacing Doris Uzoka-Anite, who was reassigned as Minister of State for Budget and National Planning.
About a week after the nomination, the Nigerian Senate confirmed Oyedele as minister-designate following his screening at the upper chamber. Lawmakers approved his nomination through a voice vote at the Committee of the Whole after hours of deliberation.
During the screening, Oyedele described his appointment as a call to serve Nigeria at a critical moment, noting that the country faces both fiscal challenges and economic opportunities.
He highlighted his more than two decades of professional experience working with national governments, international organisations, and global corporations in areas related to fiscal governance and economic reform.
Prior to his appointment, Oyedele served as chairman of the Presidential Committee on Fiscal Policy and Tax Reforms.
Under his leadership, the committee proposed major tax reform initiatives that resulted in four significant legislative bills, including the Nigeria Tax Bill and the Nigeria Tax Administration Bill, which were later passed by the National Assembly and signed into law by President Tinubu in June 2025.
A public policy expert, economist, and accountant, Oyedele previously worked with PricewaterhouseCoopers, where he served as Fiscal Policy Partner and Africa Tax Leader after beginning his career with the firm in 2001.
His academic background includes a Higher National Diploma in Accountancy and Finance from Yaba College of Technology and a Bachelor’s degree in Applied Accounting from Oxford Brookes University.
He has also undertaken executive education programmes at institutions such as London School of Economics, Yale University, Gordon Institute of Business Science, and Harvard Kennedy School.
In addition to his professional career, Oyedele serves as a professor at Babcock University in Ogun State and is a visiting scholar at Lagos Business School.
With his swearing-in completed, Oyedele is expected to play a key role in shaping Nigeria’s fiscal and economic policies under the Tinubu administration.
