Kingsley Ohens reporting
The Presidency has confirmed the resignation of the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, alongside the Minister of Housing and Urban Development, Mr Ahmed Musa Dangiwa, clarifying that both officials voluntarily stepped down from their positions and were not removed from office.
According to an official statement from the State House, Mr Edun tendered his resignation prior to the announcement of his successor, citing health-related reasons. The Presidency noted that the former minister, who recently turned 70, formally submitted his resignation letter on his birthday, expressing appreciation to President Bola Ahmed Tinubu for the opportunity to serve in the Federal Executive Council.
In his resignation letter, Mr Edun described his tenure as a privilege, stating that it had been an honour to contribute to the administration’s “Renewed Hope Agenda.” He further expressed confidence in the progress of the government, noting that Nigeria had become “stronger, more resilient and more internationally respected” under the current leadership.
Before his departure, Mr Edun paid a valedictory visit to President Tinubu at the Presidential Villa, where he held discussions with the President ahead of stepping away from public office.
Similarly, Mr Dangiwa, who assumed office in August 2023 after previously serving as Managing Director of the Federal Mortgage Bank of Nigeria and Secretary to the Katsina State Government, also submitted his resignation and expressed gratitude to the President for the opportunity to serve in the cabinet.
The Presidency commended both former ministers for their service, particularly their roles in advancing key economic and housing sector reforms under the administration.
Mr Edun, an economist and investment banker, previously served as Lagos State Commissioner for Finance between 1999 and 2004. He also held senior roles in international finance institutions and co-founded Investment Banking & Trust Company Limited, now known as Stanbic IBTC.
In response to the resignations, President Bola Ahmed Tinubu has directed that the administration’s economic reform agenda be sustained without disruption. The President has also nominated Dr Taiwo Oyedele as the new Minister of Finance, pending confirmation processes, while Mr Muttaqha Rabe Darma has been nominated for the Ministry of Housing and Urban Development.
The State House further confirmed that the President has expressed appreciation to the outgoing ministers for their contributions to governance and national development, while urging incoming appointees to sustain ongoing reforms with renewed focus and discipline.
The statement was issued by Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy.
Discover more from Urbanscoopnews
Subscribe to get the latest posts sent to your email.
