Economy

President Tinubu Seeks Senate Confirmation of Taiwo Oyedele as Minister of State for Finance

Share
Share

President Bola Tinubu has written to the Nigerian Senate, requesting the screening and confirmation of Taiwo Oyedele as the minister of state for finance, succeeding Dr Doris Uzoka Anite. The letter was read on Tuesday during plenary by the Senate President Senator Godswill Akpabio.

Before his nomination, Oyedele from Ikaram Akoko in Ondo State chaired the Presidential Committee on Fiscal Policy and Tax Reforms, which implemented significant overhauls to Nigeria’s tax system. The 50 year old economist and accountant also has expertise in public policy.

Oyedele obtained a Higher National Diploma in accountancy and finance from Yaba College of Technology and a BSc in applied accounting from Oxford Brookes University. He further completed executive education programs at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.

Oyedele spent 22 years at PwC, joining in 2001 and rising to Fiscal Policy Partner and Africa Tax Leader. He is also a professor at Bab University and a visiting scholar at Lagos Business School.

In addition, President Tinubu has submitted Oyedele’s name to the Senate alongside other nominees, including Senator Magnus Abe as chairman of the Nigerian Upstream Petroleum Regulatory Commission, following the resignation of Gbenga Komolafe, and Engineer Paul Yaro Jezhi and Mr Sunday Adebayo Babalola as non-executive commissioners.

Senate President Akpabio referred the nominations to the Senate Committee on Petroleum Upstream for review and confirmation.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Economy

Uber Exits Nigeria After 12 Years as Drivers and Analysts Point to Competition and Business Model Flaws

After 12 years of operation, Uber has withdrawn from Nigeria's ride-hailing market,...

EconomyMetro

Uganda Names Crude Oil Blend Pearl Sweet as Commercial Production Nears

Uganda has officially christened its crude oil blend Pearl Sweet, marking a...

Economy

Italian High Speed Trains Begin European Expansion as Fire Damages Palermo Shopping Centre

Italy's state railway company has launched trial runs of its distinctive Frecciarossa...

EconomyWorld

US and Venezuela Sign Major Oil Agreement Amid Controversy

The United States and Venezuela have formalized a sweeping energy agreement in...

Economy

US Stock Futures Dip as Oil Surges Past $90 on Middle East Tensions

American stock futures opened lower on Wednesday as crude oil prices surged...

Economy

US Stock Futures Drop as Bond Yields Surge to Multi-Year Highs, Oil Prices Spike

American stock futures opened September trading under pressure as a worldwide selloff...

EconomyPolitics

Ooni of Ife Endorses Tinubu’s Economic Policies, Cites Market Growth

Nigeria's revered traditional ruler, the Ooni of Ife, Oba Adeyeye Ogunwusi, has...

Economy

What Nigerian Investors Should Watch Before Market Opens September 1

September trading kicks off with investors scanning global cues and domestic market...