President Tinubu appoints Taiwo Oyedele as Minister of State for Finance to drive Nigeria’s Tax Reform, Fiscal Policy

By Chioma Obinagwam

President Bola Tinubu has sworn in Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, as Nigeria’s new Minister of State for Finance.

Confiance News gathered from the official X handle of Bayo Onanuga, Special Adviser to the President (Information & Strategy).

The role, Confiance News learnt, is a strategic appointment aimed at accelerating Nigeria’s ongoing tax reform agenda and strengthening the country’s fiscal policy framework.

The swearing-in ceremony took place on Monday at the Presidential Villa, Abuja, where President Tinubu expressed full confidence in Oyedele’s ability to deepen the gains of Nigeria’s landmark tax reform initiative. The President cited Oyedele’s professionalism, deep knowledge of tax policy, and pivotal role in shaping reforms designed to simplify Nigeria’s tax system, widen the revenue base, and foster a more competitive business environment.

“You are a very dedicated and highly determined individual. It didn’t take much for me to decide where you fit and where you need to be to further help with the economy,” President Tinubu said at the ceremony.

The President described Oyedele’s appointment as a response to Nigeria’s need for bold fiscal leadership at a critical moment of economic stabilisation, adding that the new minister’s mandate will focus on driving exponential economic growth alongside fiscal responsibility.

About Taiwo Oyedele: Nigeria’s Leading Tax Reform Expert

Oyedele, a native of Ikaram, Akoko, Ondo State, brings an exceptional blend of academic credentials, private sector experience, and public policy expertise to the Finance Ministry. 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 completed executive education programmes at four of the world’s foremost institutions: the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.
Oyedele spent 22 years at PricewaterhouseCoopers (PwC), joining in 2001 and rising to the position of Fiscal Policy Partner and Africa Tax Leader — a role that placed him at the centre of fiscal policy advisory across the continent. He also serves as a professor at Babcock University in Ogun State and as a visiting scholar at the Lagos Business School.

As chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Oyedele led the design of reforms widely described as the most significant overhaul of Nigeria’s tax architecture in decades — reforms focused on reducing tax complexity, eliminating duplicative levies, and improving compliance across sectors.