President Bola Tinubu has approved a minor reshuffle of the Federal Executive Council (FEC), resulting in the exit of two ministers and the appointment of new replacements.
This was disclosed in a statement issued by the Office of the Secretary to the Government of the Federation (SGF) and signed by George Akume.
According to the statement, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Housing and Urban Development, Ahmed Musa Dangiwa, have been directed to leave the cabinet.
Edun is to hand over to Taiwo Oyedele, who has been elevated from his position as Minister of State in the ministry to assume the role of substantive Minister of Finance and Coordinating Minister of the Economy.
In the housing sector, Muttaqha Rabe Darma has been named as ministerial nominee and minister designate for the Ministry of Housing and Urban Development, while Dangiwa has been directed to hand over to the Minister of State pending further processes.
The SGF stated that all handing-over procedures must be concluded on or before the close of business on April 23, 2026.
Explaining the rationale behind the reshuffle, Akume said the changes were designed to “strengthen cohesion and synergy in governance” and to enhance the delivery of economic benefits to Nigerians in line with the administration’s Renewed Hope Agenda.
He added that the President acted within the powers conferred on him by Sections 147 and 148 of the 1999 Constitution (as amended).
Tinubu expressed appreciation to the outgoing ministers for their service to the nation and wished them well in their future endeavours.
The President also assured members of the cabinet that efforts to reinvigorate government operations would be an ongoing process.
The reshuffle is seen as part of broader efforts by the administration to recalibrate its economic team and improve policy execution amid ongoing reforms.
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