Nigeria’s new Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has officially assumed office following a handover from outgoing minister, Wale Edun.
In his first address, he thanked his predecessor for laying a foundation of economic stabilisation and noted that Nigeria is now at a critical stage where reforms must be consolidated and translated into real benefits for citizens.
He outlined key priorities including boosting productivity and economic growth through a stable and investor-friendly policy environment, strengthening fiscal discipline and transparent public finance management, and improving revenue generation through fair taxation and a broader tax base while protecting vulnerable groups.
He also emphasized stronger coordination across government institutions to improve policy execution, alongside deeper Public-Private Partnerships to support data-driven policymaking and implementation.
According to him, the success of the administration will depend not just on policy design but on disciplined execution, accountability, and measurable results aimed at building a more stable and inclusive economy.
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