By Seun Ibiyemi
Newly sworn-in Minister of State for Finance, Taiwo Oyedele, pledges full support for Nigeria’s fiscal reforms and economic management, promising efficient revenue mobilisation and debt sustainability.
Oyedele took the oath of office before President Bola Tinubu at the Presidential Villa, Abuja, describing the opportunity to serve at the highest level as a “privilege,” especially at a critical juncture in Nigeria’s economic development.
“I think the reward for doing a good job is more work, and it is always a privilege to serve your country, particularly at the highest level,” Oyedele said.
He expressed gratitude to the president for the trust placed in him and to Nigerians and stakeholders who supported previous tax reform initiatives he helped implement.
Oyedele emphasised that reforms are effective only when translated into tangible outcomes for citizens. “Reforms are only as good as the paper on which they are written. What matters most is diligent execution, moving from policy formulation to implementation,” he said.
The minister highlighted key priorities for the ministry, including revenue mobilisation, fiscal sustainability, improved spending efficiency, and debt management.
“For every naira we earn, we must optimise its value to meet the needs of our people,” he said, adding that he would leverage the expertise of the ministry’s leadership and professional team to achieve results.
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Accompanying Oyedele to the ceremony, Governor Lucky Aiyedatiwa of Ondo State commended President Tinubu for the appointment, describing Oyedele as one of Nigeria’s most experienced professionals in fiscal and tax reforms.
He noted that the appointment strengthens Ondo State’s representation in the Federal Executive Council and reflects the government’s commitment to competence in economic management.
Oyedele’s appointment signals continuity in Nigeria’s efforts to implement effective fiscal policies and ensure sustainable economic growth amid evolving domestic and global challenges.
