Taiwo Oyedele: Meet Nigeria’s new minister of finance and coordinating minister of economy

President Bola Tinubu on Tuesday, April 21 approved a minor cabinet reshuffle, effecting changes in the Federal Executive Council (FEC) with the exit of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.

In a statement issued on Tuesday, the Secretary to the Government of the Federation (SGF), George Akume, disclosed that Edun has been directed to hand over to Taiwo Oyedele, who has now been elevated to serve as the new Minister of Finance and Coordinating Minister of the Economy.

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

For those who follow Nigeria’s fiscal debates, Oyedele needs little introduction. His analysis has long appeared in newspapers such as The Guardian and BusinessDay. He has extensive expertise in fiscal policy, taxation, and economic matters.

The renowned tax expert studied Accountancy and Finance at the Yaba College of Technology between 1999 and 2001.

He attended the Organizational Leadership Executive Program at the Gordon Institute of Business Science (GIBS) in 2012. In 2014, he attended the Organizational Leadership program at the Yale School of Management.

He has also participated in Executive, Policy and Leadership training programs at the Harvard Kennedy School, the London School of Economics and Political Science.

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After completing his NYSC program in March 2002, he joined PwC fully as an Associate in the same year.  He rose through the ranks of Senior Associate, Assistant Manager, Manager, and Senior Manager. By 2009, he had been promoted to Fiscal Policy Partner and West Africa Tax Leader.

In February 2021, he became Fiscal Policy Partner and Africa Tax Leader. Oyedele provides leadership to PwC’s Tax and Legal Services Practice in over 30 countries across Africa and is also a member of the firm’s Africa Leadership Team.

Over 22 years at PwC, he worked across the private and public sectors, advising governments and contributing to regional tax harmonisation efforts, including within ECOWAS frameworks.

His extensive experience cuts across Finance, Consulting, Project Management, Leadership Development, Strategy, and Tax Advisory. Oyedele has served as a Member of, the National Tax Policy Implementation Committee for the last six years; and a Member of, the Nigerian Taxation Standards Board for 8 years.

Oyedele is the Thematic Lead for the Fiscal Policy & Planning Commission since 2020, and Chairman of the West Africa Debt Management Roundtable of the Nigerian Economic Summit Group (NESG).

He is also the Chairman of the Taxation & Fiscal Policy Faculty Board of the Institute of Chartered Accountants of Nigeria (ICAN); a member of the Nigerian Taxation Standards Board; and a member of the Ministerial Committee on the implementation of Nigeria’s National Tax Policy.

Oyedele served as Chairman of, West Africa Debt Management Roundtable for two years, at which point he led the Roundtable on Debt Restructuring and Social Financing in the ECOWAS Region: Providing a Pathway to Fiscal Sustainability. He was also the Research Director and Fiscal Policy Commissioner for over a year.

He is a member of the Global Tax Forum and has served as a member of the Global Governing Council of the Association of Chartered Certified Accountants (ACCA) from 2011 to 2020.

Oyedele is the founder of the Impact Africa Foundation and has served as President of the foundation since June 2015. The foundation supports the education of less privileged children in society by providing financial assistance, mentoring and advocacy.

As an educator, Oyedele is a guest lecturer at the Lagos Business School and also Associate Professor at the Babcock University Business School.

He also served as the Dean, Faculty of Direct Taxation at the Chartered Institute of Taxation of Nigeria (CITN) from 2010 to 2017; and has served as the Chairman, Taxation & Fiscal Policy Board, ICAN since 2018.

In August 2023, President Tinubu appointed Oyedele as chairman of the Presidential Committee on Fiscal Policy and Tax Reforms.

Under his leadership, the committee proposed sweeping reforms, including the creation of a unified Nigeria Revenue Service to streamline multiple tax agencies. By May 2025, the Senate had passed four tax reform bills rooted in recommendations.

In March 2026, he was nominated by President Bola Tinubu and confirmed by senate on the 12th of March 2026 to serve as Minister of State for Finance to replace Doris Uzoka-Anite.

Oyedele is married and a devoted father to two children. Oyedele’s work has left an indelible mark on Nigeria’s fiscal landscape. His leadership in tax reform and policy advocacy has positioned him as a driving force in shaping the country’s economic future.