President Bola Tinubu has directed the Minister of State for Finance, Taiwo Oyedele, to assume office as the new Minister of Finance, replacing Wale Edun.
The directive was disclosed in a statement issued on Tuesday by Yomi Odunuga, Special Adviser on Media and Publicity to the Secretary to the Government of the Federation.
According to the statement, the transition process is already underway and is expected to be completed by Thursday.
The development signals a significant change in the leadership of Nigeria’s finance ministry, with Oyedele set to take over the role previously held by Edun, who also served as Coordinating Minister of the Economy.