Taiwo Oyedele
Elegbede Abiodun
The Senate has confirmed the appointment of Taiwo Oyedele as a minister-designate under President Bola Tinubu’s administration.
The Senate President, Senator Godswill Akpabio, announced the approval after lawmakers endorsed the nominee through a voice vote in the Committee of the Whole.
Oyedele is expected to succeed Mrs Doris Uzoka-Anite as Minister of State for Finance.
The confirmation of the outgoing chairman of the Presidential Committee on Fiscal Policy and Tax Reforms followed his screening by the lawmakers on Wednesday.
Senators spent over two hours grilling the nominee before eventually confirming him as a minister-designate.
Taiwo Oyedele set to end zero capital releases.
In response to questions from lawmakers, Oyedele described his nomination as Minister of State for Finance as a call to serve Nigeria.
“With over two decades of experience working with national governments, multilateral institutions, and global corporations, my journey across the private sector, academia, and public policy has focused on fiscal governance and economic transformation,” the 50-year-old told senators.
“However, this moment is not about personal accomplishments; it is a call to serve at a critical time when Nigeria faces significant fiscal challenges and remarkable opportunities.”
“I am deeply honoured to appear before this distinguished chamber today. I thank President Bola Ahmed Tinubu, GCFR, for the confidence reposed in me through this nomination, and I thank the Senate for the opportunity to share my vision,” the public policy expert, accountant, and economist told the lawmakers.”
Before his appointment, Oyedele served as the tax reforms committee chair, masterminding the enactment of a new tax regime in Nigeria.
