President Bola Ahmed Tinubu has tasked the newly sworn-in Minister of State for Finance, Professor Taiwo Oyedele, to strengthen the Nigerian economy, consolidate financial stability, and pursue accelerated growth.
Speaking shortly after administering the oath of office on Monday at the State House in Abuja, President Tinubu said the decision to appoint Oyedele was deliberate, noting that his expertise and commitment made him the right choice for the demanding role.
Expressing confidence in Professor Oyedele, the President described him as “a dedicated professional well suited to help steer Nigeria’s fiscal reforms.”
“It didn’t take much for me to decide where you fit and where you need to be to further help the country. It is a very challenging job to look at the fiscal policy and responsibility that comes with it at a time when economic stability is being experienced, but without exponential growth, it is always very difficult. But you fit the bill,” he added.
President Tinubu meets with the Minister of State for finance Designate, Mr Taiwo Oyedele @taiwoyedele at the State House, Abuja.
“It is a very challenging job to look at the fiscal policy and responsibility that comes with it at the time that economic stability is being… pic.twitter.com/Jk40mW079b
— Daddy D.O🇳🇬 (@DOlusegun) March 16, 2026
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President Tinubu emphasised that managing fiscal policy and ensuring financial discipline remain critical tasks for the government as it seeks to sustain reforms and strengthen the nation’s economic foundation.
He commended Professor Oyedele for his contributions to the reform of Nigeria’s tax framework, noting that the country’s previous system had become obsolete and required a comprehensive overhaul to align with modern economic realities and progressive thinking.
The President described the new Minister of State for Finance as “a highly determined and committed individual who has demonstrated strong capacity for public service.”
“This is a very, very good day, and Taiwo, I thank you for accepting to serve your country, whether you have rewritten the entire tax policy of this country, which was obsolete, archaic and fundamentally against every progressive thinker. You are just a very dedicated and highly determined individual,” he said.
He also expressed appreciation to Oyedele for accepting the call to serve the nation, describing the occasion as a significant moment in the administration’s efforts to deepen economic reforms.
President Tinubu further acknowledged the support of Oyedele’s family, particularly his wife, for standing by him despite the demands of public service and the challenges of balancing time and responsibilities.
“I thank you. I congratulate you. I congratulate your wife for being able to stand our challenge of time management and absence for long hours. This is an additional responsibility, and I hope you continue to encourage him and support him adequately,” he added.