President Bola Tinubu has nominated Taiwo Oyedele as Minister of State for Finance, replacing Doris Uzoka-Anite.
In a statement on Tuesday, presidential spokesman Bayo Onanuga said the President had forwarded Oyedele’s nomination to the Senate for confirmation in a letter addressed to Senate President Godswill Akpabio.
“President Tinubu has today conveyed the nomination of Oyedele to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio,” Onanuga said.
Uzoka-Anite will be redeployed to the Ministry of Budget and National Planning as Minister of State, marking her third portfolio under the current administration. She was initially appointed Minister of Industry, Trade and Investment in August 2023 before her redeployment to the Finance Ministry in November 2024.
Oyedele, a former chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, was appointed in July 2023 to lead the tax reform panel. A fiscal policy partner and Africa tax leader at PricewaterhouseCoopers (PwC), he has worked with the firm since 2001.
The 50-year-old is an accountant, economist and public policy expert. 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 has also undertaken executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science and the Harvard Kennedy School.
A professor at Babcock University in Ogun State, Oyedele is also a visiting scholar at the Lagos Business School.
His nomination follows President Tinubu’s assent to four tax reform bills developed by Oyedele’s committee: the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill. The legislation was passed by the National Assembly after months of debate and controversy.
Tinubu signed the bills into law on June 25, 2025, with the reforms aimed at overhauling tax administration, boosting revenue, improving the business climate and attracting investment. Despite opposition criticism, the new tax regime took effect on January 1, 2026.
