Tinubu Swears in Taiwo Oyedele as Minister of State for Finance
President Bola Ahmed Tinubu has sworn in Taiwo Oyedele as the new Minister of State for Finance, praising his experience, dedication, and commitment to public service.
The brief swearing-in ceremony took place on Monday at the Presidential Villa.
Speaking during the ceremony, President Tinubu described the appointment as a vote of confidence in Oyedele, noting that his professionalism and leadership as chairman of the Presidential Committee on Fiscal Policy and Tax Reforms have been instrumental in shaping Nigeria’s ongoing tax reforms.
According to the president, Oyedele’s expertise has helped design policies aimed at simplifying the tax system, expanding the country’s revenue base, and creating a more business-friendly environment.
Tinubu also commended the new minister’s determination and commitment to reforming Nigeria’s fiscal system, describing him as a dedicated individual capable of handling the responsibilities of the office.
“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,” the president said.
He added that managing fiscal policy at a time when the country seeks economic stability and growth requires experience and resilience, expressing confidence in Oyedele’s ability to deliver.
Oyedele, an economist, accountant, and public policy expert from Ikaram in Akoko, Ondo State, previously spent over two decades at PricewaterhouseCoopers where he rose to become Fiscal Policy Partner and Africa Tax Leader.
He holds a Higher National Diploma in accountancy and finance from Yaba College of Technology and a BSc in applied accounting from Oxford Brookes University. He has also completed executive programmes at the London School of Economics, Yale University, Harvard Kennedy School and the Gordon Institute of Business Science.
Oyedele currently serves as a professor at Babcock University and a visiting scholar at Lagos Business School.
His appointment is expected to further strengthen the federal government’s fiscal reforms and tax policy restructuring aimed at boosting Nigeria’s economic growth.
