President Bola Ahmed Tinubu has nominated renowned fiscal policy expert, Taiwo Oyedele, as the new Minister of State for Finance, in a strategic move that signals a renewed push for tax and fiscal reforms.
The nomination, contained in a letter transmitted to the Senate and addressed to Senate President Godswill Akpabio, is pending confirmation by the upper legislative chamber.
Oyedele replaces Doris Uzoka-Anite, who has been redeployed to the Ministry of Budget and National Planning as Minister of State, her third ministerial portfolio under the Tinubu administration.
Until his nomination, Oyedele, 50, served as Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, where he led sweeping reforms aimed at modernising and restructuring Nigeria’s tax system.
An indigene of Ikaram in Akoko, Ondo State, Oyedele is widely regarded as one of Nigeria’s leading voices on fiscal sustainability, public finance and tax policy.
An economist and accountant by training, 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.
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He further sharpened his expertise through executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.
Oyedele spent 22 years at PwC, joining in 2001 and rising to become Fiscal Policy Partner and Africa Tax Leader, a role that placed him at the forefront of tax advisory and reform initiatives across the continent.
Beyond corporate and policy work, he is also a professor at Babcock University and serves as a visiting scholar at the Lagos Business School.
The nomination is seen as part of President Tinubu’s broader strategy to strengthen Nigeria’s revenue base, improve fiscal discipline, and drive economic stability amid ongoing reform measures.
If confirmed by the Senate, Oyedele is expected to play a pivotal role in aligning fiscal policy with the administration’s macroeconomic agenda.
The development was announced in a statement signed by Presidential Adviser on Information and Strategy, Bayo Onanuga.
