Tinubu Drops Finance, Housing Ministers, Installs Oyedele, Darma in Fresh FEC Shake-Up

President Bola Ahmed Tinubu has approved a minor cabinet reshuffle, removing two ministers and naming replacements as part of efforts to strengthen governance and economic delivery.

What happened

The development was confirmed in a statement issued Tuesday by the Secretary to the Government of the Federation, George Akume, through his media aide, Yomi Odunuga.

According to the statement, Wale Edun, who served as Minister of Finance and Coordinating Minister of the Economy, has been directed to hand over to Taiwo Oyedele.

Ahmed Musa Dangiwa, Minister of Housing and Urban Development, is also to exit the cabinet.

New appointments

Oyedele, who previously served as Minister of State in the finance ministry, will now take over as substantive Minister of Finance and Coordinating Minister of the Economy.

For the Housing Ministry, Muttaqha Rabe Darma has been named as minister-designate, pending confirmation.

In the interim, Dangiwa is to hand over to the Minister of State in the ministry until Darma’s confirmation is completed.

Timeline for transition

The presidency directed that all handover processes must be concluded on or before Thursday, April 23, 2026.

Why the reshuffle

Akume said the changes are aimed at improving coordination within the cabinet and enhancing service delivery.

“These changes are aimed at strengthening cohesion, synergy in governance as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda,” he said.

He added that the President exercised his constitutional powers under Sections 147 and 148 of the 1999 Constitution.

What it means

Tinubu also thanked the outgoing ministers for their service, noting that further adjustments may follow as part of ongoing efforts to reposition the administration.

The reshuffle signals a renewed push by the presidency to tighten control over key sectors, especially the economy, as Nigeria continues to navigate fiscal and policy challenges.