Tinubu Swears In Oyedele as Minister of State for Finance, Tasks Him on Fiscal Reforms

President Bola Ahmed Tinubu has officially sworn in renowned fiscal policy expert Taiwo Oyedele as the Minister of State for Finance, charging him with driving key economic reforms aimed at stabilizing the economy and improving government revenue in Nigeria.

The swearing-in ceremony took place at the Presidential Villa in Abuja, where President Tinubu emphasized the importance of strengthening fiscal discipline, improving tax administration, and ensuring that government policies support economic growth.

Speaking shortly after taking the oath of office, Oyedele expressed gratitude to the president for the confidence placed in him. He pledged to work closely with the Ministry of Finance and other economic agencies to implement policies that would enhance revenue generation while easing the tax burden on businesses and citizens.

President Tinubu noted that Nigeria’s economic reforms require competent leadership and innovative policy approaches. According to him, Oyedele’s experience in fiscal policy, taxation, and economic advisory roles makes him well suited to support the government’s reform agenda.

The president also urged the new minister to collaborate with stakeholders across the public and private sectors to ensure transparency, efficiency, and accountability in financial management.

Analysts believe Oyedele’s appointment signals the administration’s renewed focus on fiscal reforms, particularly in tax restructuring, revenue mobilization, and the implementation of recommendations from the Presidential Committee on Fiscal Policy and Tax Reforms.

With Nigeria facing challenges such as revenue shortages, inflation, and infrastructure financing gaps, the government expects the new minister to play a critical role in shaping policies that will improve fiscal sustainability and support long-term economic stability.