President Tinubu has nominated Mr Taiwo Oyedele as the new Minister of State for Finance, taking over the position from Mrs Doris Uzoka-Anite.
In a statement on Tuesday, it was announced that Mrs Uzoka-Anite will now move to the Ministry of Budget and National Planning as the Minister of State, marking her third portfolio in the administration, after she was earlier stripped of the role of Minister of Trade, Industry, and Investment and replaced by Mrs Jumoke Oduwole.
President Tinubu conveyed Mr Oyedele’s nomination to the Senate for confirmation in a letter to the Senate President, Mr Godswill Akpabio, on Tuesday.
Until his nomination, Mr Oyedele, from Ikaram, Akoko, Ondo State, served as the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which overhauled Nigeria’s tax system.
The 50-year-old PricewaterhouseCoopers (PwC) alumnus is an economist, accountant, and public policy expert.
He attended Yaba College of Technology, where he obtained a Higher National Diploma (HND) in Accountancy and Finance. He also attended Oxford Brookes University, earning a BSc in Applied Accounting.
He has completed executive education programs at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.
Mr Oyedele spent 22 years of his working career at PwC, joining in 2001 and rising to become Fiscal Policy Partner and Africa Tax Leader.
He is also a professor at Babcock University in Ogun State and a visiting scholar at the Lagos Business School (LBS).