Just In: Tinubu Nominates Oyedele as Minister

The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, as been nominated as the Minister of State for Finance by President Bola Ahmed Tinubu.

Oyedele replaces Dr Doris Anite-Uzoka, who has been redeployed to the Ministry of Budget and Economic Planning as Minister of State, her third portfolio in the administration.

The President on Monday conveyed Oyedele’s nomination to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio, according to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga.

As Minister of State for Finance, Oyedele is expected to oversee the implementation of the tax reforms he championed, particularly as the government seeks to improve revenue generation and deepen economic reforms. The Senate is expected to screen and confirm Oyedele’s nomination in the coming weeks, following which he will be sworn in to assume his ministerial duties.

Brief Profile

Oyedele hails from Ikaram, Akoko, Ondo State. He is an economist, accountant, and public policy expert who led the comprehensive overhaul of Nigeria’s tax system. Oyedele attended Yaba College of Technology, where he obtained a Higher National Diploma in Accountancy and Finance, before proceeding to Oxford Brookes University for a BSc in Applied Accounting.

He also completed 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 PricewaterhouseCoopers, joining in 2001 and rising to become the Fiscal Policy Partner and Africa Tax Leader before his appointment to head the tax reform committee.

He is currently a professor at Babcock University in Ogun State and a visiting scholar at the Lagos Business School.