Nigeria: Tinubu Nominates Tax Reform Architect Taiwo Oyedele as Finance Minister of State

Oyedele, a 50-year-old economist who chaired the Presidential Committee on Fiscal Policy and Tax Reforms, steps in as Minister of State for Finance, replacing Dr. Doris Uzoka-Anite, who moves to Budget and National Planning.

His 22 years at PwC and push to raise tax collections from 10% to 18% of GDP make him a key player in boosting revenue for debt servicing. While supporters praise the merit-based pick, critics worry about South-West dominance in fiscal roles, highlighting names like Wale Edun and Olayemi Cardoso.

President Tinubu revealed this in a statement on social media

I have nominated Mr. Taiwo Oyedele as Minister of State for Finance and conveyed his name to the Senate for confirmation.
Taiwo has served our nation diligently as Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, leading the overhaul of our tax system with clarity, courage, and competence. His depth as an economist, accountant, and public policy expert will strengthen our fiscal architecture at a critical time.
Dr. Doris Uzoka-Anite will continue to serve the nation as Minister of State at the Ministry of Budget and National Planning. Her experience across portfolios remains valuable to our reform agenda.
We are building a team defined by expertise, discipline, and results. The work continues.
Nigeria First.
Bola Ahmed Tinubu
President of the Federal Republic of Nigeria