President Bola Ahmed Tinubu on Tuesday nominated tax reform expert Taiwo Oyedele as Minister of State for Finance, in a move seen as reinforcing his administration’s fiscal reform agenda.
The President has forwarded Oyedele’s name to the Senate for confirmation in a letter addressed to Senate President Godswill Akpabio, according to a State House statement.
If confirmed, Oyedele will replace Doris Uzoka-Anite, who has been reassigned as Minister of State at the Ministry of Budget and National Planning her third ministerial portfolio under the current administration.
“President Tinubu has today conveyed the nomination of Oyedele to the Senate for confirmation in a letter to the Senate President,” presidential spokesman Bayo Onanuga said in the statement dated March 3, 2026.
Oyedele, 50, chaired the Presidential Committee on Fiscal Policy and Tax Reforms prior to his nomination, leading efforts that significantly restructured Nigeria’s tax framework.
His elevation to the finance ministry is expected to consolidate ongoing reforms aimed at boosting revenue generation and improving fiscal sustainability.
An indigene of Ikaram in Akoko, Ondo State, Oyedele trained as an accountant and economist.
He earned a Higher National Diploma in Accountancy and Finance from Yaba College of Technology and later obtained a BSc in Applied Accounting from Oxford Brookes University.
He also completed executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.
Before entering public service, Oyedele spent 22 years at PricewaterhouseCoopers (PwC), where he joined in 2001 and rose to become Fiscal Policy Partner and Africa Tax Leader.
He is also a professor at Babcock University, Ogun State, and a visiting scholar at the Lagos Business School.
The nomination comes as the Tinubu administration continues efforts to stabilise the economy through tax reforms, expenditure controls and structural adjustments.
The Senate is expected to begin the confirmation process in the coming days.
