Tinubu nominates tax master Taiwo Oyedele as finance minister of state

President Bola Ahmed Tinubu has nominated renowned fiscal policy expert, Taiwo Oyedele, as the new Minister of State for Finance.

Watchers say the nomination is a strategic move to boost the push for tax and fiscal reforms.

The nomination is contained in a letter transmitted to the Senate and addressed to Senate President Godswill Akpabio.

Oyedele is awaiting confirmation by the upper legislative chamber.

He 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 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.

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.The Finance Minister of State-designate 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.