President Bola Tinubu has approved a minor cabinet reshuffle affecting the membership of the Federal Executive Council (FEC), with the exit of two ministers and the appointment of their replacements.

According to a memo issued by the Office of the Secretary to the Government of the Federation (SGF) and signed by George Akume, Mr. Wale Edun and Arc. Ahmed Musa Dangiwa are to step down from the cabinet.

Mr. Edun, who served as Minister of Finance and Coordinating Minister of the Economy, has been directed to hand over to Mr. Taiwo Oyedele, who has now been elevated to assume the position.

Oyedele previously served as Minister of State in the same ministry.

In a related development, Mr. Muttaqha Rabe Darma (PhD) has been named ministerial nominee and Minister-designate for the Ministry of Housing and Urban Development.

The memo also directed Arc. Dangiwa to hand over to the Minister of State in the ministry.

It further stipulated that all handover processes must be concluded on or before the close of business on Thursday, April 23, 2026.

Explaining the rationale for the changes, Senator Akume said the reshuffle was aimed at strengthening cohesion and synergy in governance, as well as enhancing the delivery of economic benefits to Nigerians under the administration’s Renewed Hope Agenda.

He noted that the President exercised his constitutional powers under Sections 147 and 148 of the 1999 Constitution (as amended) in effecting the changes.

President Tinubu expressed appreciation to the outgoing ministers for their service and wished them success in their future endeavours.

A statement by Yomi Odunuga, Special Adviser, Media and Publicity to the Secretary to the Government of the Federation, quoted the SGF as assured that efforts to reinvigorate the cabinet would remain an ongoing process.