Tinubu Swears In Taiwo Oyedele as Minister of State for Finance

 

President Bola Ahmed Tinubu on Monday swore in Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, as the new Minister of State for Finance.

The brief swearing-in ceremony was held at the Presidential Villa, where the President commended Oyedele for his dedication, professionalism and commitment to national service.

Speaking after the ceremony, President Tinubu described the appointment as a vote of confidence in Oyedele’s ability to contribute meaningfully to Nigeria’s economic management.

The President praised the new minister for his role in coordinating the work of the Tax Reforms Committee, noting that his expertise in fiscal policy and taxation had been instrumental in shaping reforms aimed at simplifying Nigeria’s tax system, expanding the country’s revenue base and creating a more business-friendly environment.

“We are very proud of your knowledge, your simplicity, ambition and excellence,” Tinubu said while congratulating the minister and acknowledging the support of his wife in managing the demands of public service.

He added that Oyedele’s zeal, patience and determination to serve the country made him well suited for the challenging responsibility of overseeing aspects of Nigeria’s fiscal policy.

According to the President, managing fiscal policy during a period of economic stability without corresponding exponential growth requires dedication and strategic thinking.

“You are a very dedicated and highly determined individual. It didn’t take much for me to decide where you fit and where you need to be to further help with the economy,” Tinubu said.

Oyedele, an economist, accountant and public policy expert, hails from Ikaram in Akoko area of Ondo State.

He obtained a Higher National Diploma in Accountancy and Finance from Yaba College of Technology and later earned a Bachelor of Science degree in Applied Accounting from Oxford Brookes University.

He also completed executive education programmes at the London School of Economics and Political Science, Yale University, Gordon Institute of Business Science, and the Harvard Kennedy School.

Before his appointment, Oyedele spent 22 years at PricewaterhouseCoopers (PwC), where he rose to become Fiscal Policy Partner and Africa Tax Leader.

He currently serves as a professor at Babcock University in Ogun State and is also a visiting scholar at the Lagos Business School.

The appointment was announced in a statement issued by Bayo Onanuga, Special Adviser to the President on Information and Strategy, on March 16, 2026.