President Bola Tinubu has sworn in Taiwo Oyedele as Minister of State for Finance, citing his expertise and dedication to Nigeria’s fiscal reforms.
President Bola Ahmed Tinubu has sworn in Taiwo Oyedele as Minister of State for Finance, describing his appointment as a strategic move to strengthen Nigeria’s fiscal policy framework.
The brief ceremony took place at the Presidential Villa in Abuja on Monday.
President Tinubu said the appointment reflects strong confidence in Oyedele’s professionalism and track record, particularly in his role as Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms.
He commended the new minister’s contributions to ongoing tax reforms aimed at simplifying the system, expanding the revenue base and creating a more business-friendly environment.
“You are a very dedicated and highly determined individual… it didn’t take much for me to decide where you fit,” the President said.
The President noted that Oyedele’s deep understanding of fiscal policy would be critical as Nigeria seeks to stabilise its economy while pursuing sustainable growth.
He described the role as challenging but expressed confidence in Oyedele’s ability to deliver.
Oyedele, an economist and public policy expert from Ikaram in Ondo State, brings over two decades of experience to the role.
He attended Yaba College of Technology, where he obtained a Higher National Diploma (HND) in accountancy and finance, and later attended Oxford Brookes University, where he earned a BSc in applied accounting.
He previously spent 22 years at PricewaterhouseCoopers (PwC), where he rose to become Fiscal Policy Partner and Africa Tax Leader.
He also holds academic roles at Babcock University and Lagos Business School, and has undertaken executive education at global institutions including the London School of Economics, Yale University, and the Harvard Kennedy School.
President Tinubu praised Oyedele’s dedication, patience and commitment to national service, noting his role in reforming Nigeria’s previously outdated tax system.
He expressed optimism that the new minister would further contribute to strengthening the country’s economic management.
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