Wale Edun's removal as Minister of Finance and Coordinating Minister of the Economy was due to his incompatibility with President Bola Tinubu's political arrangement, according to former Minister of Youth and Sports Solomon Dalung. Dalung stated the decision was not solely based on performance but tied to internal political dynamics within the administration. On Tuesday, President Tinubu dismissed Edun and Minister of Housing and Urban Development Ahmed Dangiwa in what the presidency termed a minor cabinet reshuffle. Taiwo Oyedele, previously Minister of State for Finance, was promoted to replace Edun, while Muttaqha Rabe Darma was nominated as the new ministerial candidate for Housing and Urban Development. The Secretary to the Government of the Federation, George Akume, said the changes were intended to enhance cohesion, governance synergy, and deliver more impactful economic results under the Renewed Hope Agenda. Edun, a long-time ally of Tinubu, presided over a period that saw the naira stabilise, foreign reserves exceed $40 billion, and GDP growth achieved, though inflation remained high and power outages worsened. A report citing unnamed sources indicated Edun had sought to leave since late last year due to deteriorating health, with his exit framed by some as a medical necessity. Despite his economic achievements, Dalung argued that political alignment ultimately determined Edun's departure.
Edun delivered measurable economic gains, yet his removal suggests technical competence matters less than political loyalty in Tinubu's inner circle. The administration prioritises internal cohesion over public record, even when that record includes stabilised reserves and currency gains. If health was a factor, it was secondary to the political calculus driving the reshuffle. Loyalty, not results, appears to be the currency that counts.
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