A fresh statement from the State House has clarified that former Finance Minister Wale Edun and former Housing Minister Ahmed Musa Dangiwa voluntarily stepped down from their roles, countering speculation that they were dismissed.
According to the presidency, Edun, who also served as Coordinating Minister of the Economy, formally submitted his resignation to Bola Ahmed Tinubu on health grounds. His resignation came just before the President announced a replacement, marking the end of his tenure.
Edun, who recently turned 70, expressed appreciation for the opportunity to serve, noting in his resignation letter that it was both a privilege and an honour to contribute to the administration’s “Renewed Hope Agenda.” He also commended the government’s progress, stating that Nigeria had become more resilient and globally respected under Tinubu’s leadership.
Before his exit was officially announced by the Office of the Secretary to the Government of the Federation, Edun held a private meeting with the President at the State House. The discussion reportedly lasted about an hour, after which he departed to focus on personal and business interests.
Similarly, Dangiwa confirmed his resignation and thanked the President for the chance to serve in the Federal Executive Council. An experienced architect and administrator, he previously led the Federal Mortgage Bank of Nigeria and served as Secretary to the Katsina State Government prior to his ministerial appointment in 2023.
Edun’s career spans decades in finance and economics. He once served as Lagos State Commissioner for Finance during Tinubu’s tenure as governor and built a strong profile in investment banking, including co-founding Stanbic IBTC and establishing Chapelhill Denham Group.
President Tinubu has acknowledged the contributions of both former ministers, praising their roles in advancing key economic reforms and national development efforts. He wished them success in their future pursuits.
Meanwhile, the President has tasked the newly appointed Finance Minister, Taiwo Oyedele, with sustaining ongoing fiscal reforms and driving economic growth with discipline and innovation.
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In the housing sector, Tinubu is expected to forward the nomination of Muttaqha Rabe Darma to the Senate for confirmation as the next Minister of Housing.
