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Tinubu’s sack of Finance Minister, Edun leaves Nigerian economy in shock

Wednesday, April 22, 2026

President Bola Ahmed Tinubu fired Finance Minister Wale Edun and appointed Taiwo Oyedele, a move that shocked markets and raised uncertainty over fiscal policy. The abrupt change, alongside the dismissal of the housing minister, signals potential shifts in budget priorities and could affect credit ratings, investment flows and everyday borrowing costs for Nigerians.

President Bola Ahmed Tinubu’s removal of Wale Edun as minister of finance and his replacement with Taiwo Oyedele on Tuesday sent mixed signals across different segments of the Nigerian economy. DAILY POST reports that Edun’s sack, alongside his counterpart in Housing and Urban Development, Ahmed Muda Dangiwa, was announced by the Secretary to the Government […] Tinubu’s sack of Finance Minister, Edun leaves Nigerian economy in shock