Economy

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

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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.

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