President Bola Tinubu has initiated a minor cabinet reshuffle, nominating Mr Taiwo Oyedele as Minister of State for Finance and redeploying Dr Doris Anite-Uzoka to the Ministry of Budget and National Planning.

The President has transmitted Oyedele’s nomination to the Senate for confirmation in a letter addressed to the Senate President, Godswill Akpabio.

Anite-Uzoka’s reassignment marks her third ministerial portfolio under the current administration.

Oyedele, who hails from Ikaram in Akoko, Ondo State, currently chairs the Presidential Committee on Fiscal Policy and Tax Reforms.

His nomination introduces a technocrat with deep private-sector and policy credentials into the finance ministry.

Before joining the government, he built a 22-year career at PricewaterhouseCoopers, where he became Fiscal Policy Partner and Africa Tax Leader.

According to a statement issued by the Special Adviser on Information and Strategy to the President, Bayo Onanuga, yesterday, Oyedele is academically affiliated with Babcock University as a professor and serves as a visiting scholar at the Lagos Business School.

Tinubu nominated Uzoka-Anite as Minister of Industry, Trade, and Investment in August 2023. But in October 2024, she was redeployed to serve as Minister of State for Finance.

In July 2023, Tinubu appointed Oyedele, a fiscal policy partner and Africa tax leader at PriceWaterhouseCoopers (PwC), to chair the tax reforms committee.

The 50-year-old Oyedele is a public policy expert, an accountant, and an economist.

He attended Yaba College of Technology and bagged a Higher National Diploma (HND) in accountancy and finance. Oyedele also earned a BSc in applied accounting from Oxford Brookes University.

His academic journey saw him study at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School, where he completed executive education programmes.

The ministerial nominee worked for decades with PWC, having started his career at the organisation in 2001.
His appointment came months after Tinubu assented to the tax laws masterminded by Oyedele and his team.