President Bola Ahmed Tinubu has approved a minor cabinet reshuffle, leading to the exit of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Housing and Urban Development, Ahmed Musa Dangiwa, from the Federal Executive Council.
The development was contained in a memo issued by the Secretary to the Government of the Federation, Senator George Akume.
According to the memo, Edun has been directed to hand over to Taiwo Oyedele, who has now been elevated to serve as the Minister of Finance and Coordinating Minister of the Economy. Oyedele was until the reshuffle the Minister of State in the ministry.
In the same vein, Muttaqha Rabe Darma has been named as ministerial nominee and minister designate for the Ministry of Housing and Urban Development, while Dangiwa is to hand over to the Minister of State pending further processes.
The directive stated that all handing over procedures must be concluded on or before the close of work on April 23, 2026.
Explaining the decision, Akume said the changes were aimed at strengthening cohesion and synergy in governance, as well as enhancing the delivery of economic policies under the administration’s Renewed Hope Agenda.
He added that the President exercised his constitutional powers in line with Sections 147 and 148 of the 1999 Constitution (as amended).
Tinubu also commended the outgoing ministers for their service to the country and wished them success in their future endeavours.
The SGF further noted that the President assured members of the cabinet that efforts to reposition the government for improved performance would continue.