Overview
- The presidency announced a reshuffle that removed Wale Edun and appointed Taiwo Oyedele as finance minister and coordinating minister of the economy, while also removing Housing Minister Ahmed Dangiwa and nominating Muttaqha Darma to replace him pending confirmation.
- Officials said the changes aim to improve cohesion under the president’s constitutional powers, while insiders and lawmakers cited poor capital budget execution and slow planning as the real trigger.
- Parliament had accused Edun of zero implementation of the 2025 capital budget as ministries reported funding gaps and contractors went unpaid, even after lawmakers approved funds for capital projects.
- Reporting described a December 2025 clash between Tinubu and Edun at a cabinet meeting and a later shift of some finance duties to the minister of state, with Oyedele’s March appointment seen as a precursor to the change.
- Handover orders set a tight transition and the housing ministry will be run by the minister of state for now, with businesses watching for quicker capital releases that could restart stalled public works and local jobs.