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BREAKING: Tinubu swears in Oyedele as minister of state for finance

BREAKING: Tinubu swears in Oyedele as minister of state for finance
**BREAKING: Tinubu Swears in Oyedele as Minister of State for Finance** In a significant development, President Bola Ahmed Tinubu has formally sworn in Taiwo Oyedele as the Minister of State for Finance at the Aso Rock Presidential Villa in Abuja. The ceremony took place on Monday, March 18, marking a major milestone in Oyedele's appointment, which was confirmed by the Senate just five days ago. The Senate's confirmation came after an extensive screening process, following President Tinubu's nomination of Oyedele in a letter to Senate President Godswill Akpabio on March 3. Oyedele, a 50-year-old from Ikaram, Akoko, in Ondo State, brings over two decades of experience in fiscal policy and tax administration to the role. Before his nomination, Oyedele served as Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which spearheaded a comprehensive overhaul of Nigeria's tax system. The committee's efforts led to the production of four executive bills that consolidated more than 60 taxes into fewer than 10 statutes and introduced significant reforms, including zero income tax for Nigerians earning N800,000 annually or less. This development is significant for Nigeria, particularly as the country continues to grapple with economic challenges. With Oyedele's wealth of experience, the Ministry of Finance is set to benefit from his expertise in fiscal policy and tax administration. As Minister of State for Finance, Oyedele will be working closely with President Tinubu and other government agencies to implement policies that promote economic growth and development in Nigeria. His appointment is seen as a strategic move by President Tinubu to strengthen the country's economic team and drive progress in the finance sector. The swearing-in ceremony was attended by a select group of officials, and Oyedele and his wife were reportedly cleared by Villa security before the ceremony. This development marks a new chapter in Oyedele's career and a significant milestone in the country's economic journey.
Source: Original Article • AI-enhanced version for clarity & Nigerian context

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