On March 3, 2026, President Bola Ahmed Tinubu officially nominated Mr. Taiwo Oyedele for the position of Minister of State for Finance. The President’s decision was communicated today in a formal letter addressed to the Senate President, Godswill Akpabio, requesting the Senate’s confirmation of the nominee.
Mr. Oyedele is set to succeed Dr. Doris Uzoka-Anite, who has been redeployed to the Ministry of Budget and National Planning as Minister of State. This redeployment marks Dr. Uzoka-Anite’s third portfolio under the current administration, having previously served as the Minister of Industry, Trade, and Investment.
A distinguished economist, accountant, and public policy expert, Mr. Oyedele, 50, hails from Ikaram, Akoko, in Ondo State. Prior to this nomination, he served as the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. In this role, he was instrumental in overhauling Nigeria’s tax system and masterminding the recent tax reform legislations aimed at enhancing revenue generation and streamlining the business environment.
Mr. Oyedele brings over two decades of private sector experience to the role, including a 22-year career at PwC, where he rose to become the Fiscal Policy Partner and Africa Tax Leader. His academic credentials include a Higher National Diploma (HND) in Accountancy and Finance from Yaba College of Technology and a BSc in Applied Accounting from Oxford Brookes University. He has also completed executive education programs at prestigious institutions including the London School of Economics, Yale University, the Harvard Kennedy School, and the Gordon Institute of Business Science.
In addition to his professional practice, Mr. Oyedele is a Professor at Babcock University and a visiting scholar at the Lagos Business School.
If confirmed by the Senate, Mr. Oyedele will work alongside the substantive Minister of Finance, Wale Edun, to lead the implementation of the federal government’s fiscal policies, strengthen investor confidence, and drive the efficiency of Nigeria’s new tax framework.
