Tinubu swears in Oyedele as finance minister…

President Bola Tinubu has sworn in Taiwo Oyedele as Deputy Minister of Finance.

Oyedele was sworn in as a minister at the Presidential Villa, Abuja on Monday, March 16, 2026.

The swearing-in comes five days after the Senate confirmed Oyedele’s nomination.

Senate President Godswill Akpabio announced the confirmation on March 11, after lawmakers approved the nomination through a voice vote during the Committee of the Whole session.

Before confirmation, senators spent more than two hours questioning Oyedele about his experience and plans for the financial sector.

Responding to MPs, Oyedele described his appointment as an opportunity to serve the country at a crucial time.

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He noted that his career, spanning more than two decades in the private sector, academia and public policy, has focused largely on fiscal governance and economic reform.

Tinubu appointed Oyedele to replace Doris Uzoka-Anite, who was recently redeployed as Minister of State for Budget and National Planning.

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Prior to his appointment, Oyedele served as Chairman of the Presidential Committee on Tax Policy and Tax Reforms.

In that role, he led efforts to overhaul Nigeria’s tax framework and helped push for the introduction of a new tax regime.

Although he was appointed to head the committee in July 2023, it took more than two years for the committee to complete the reform process and update the country’s tax laws.

Despite initial resistance, the new tax system finally took effect on January 1, marking what officials describe as a new phase in Nigeria’s tax administration aimed at increasing government revenues, improving the business environment and attracting both domestic and foreign investment.

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