President Bola Ahmed Tinubu has asked the Senate to confirm Taiwo Oyedele as Minister of State for Finance.
The request was contained in a letter presented during Tuesday’s plenary, on the 10th of March, 2024.
The President of the Senate, Godswill Akpabio, read the communication before lawmakers.
Before his nomination, Oyedele served as chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. In that role, he helped drive efforts aimed at overhauling Nigeria’s tax framework.
Oyedele, from Ikaram in Akoko area of Ondo State, is a 50-year-old economist, accountant and public policy specialist. He holds a Higher National Diploma in Accountancy and Finance from Yaba College of Technology. He later obtained a Bachelor of Science in Applied Accounting from Oxford Brookes University.
His academic training also includes executive programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science and the Harvard Kennedy School.
He spent 22 years with PricewaterhouseCoopers (PwC). He joined the firm in 2001 and rose through the ranks to become Fiscal Policy Partner and Africa Tax Leader.
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Oyedele now teaches as a professor at Babcock University and also works as a visiting scholar at the Lagos Business School.
In another letter, Tinubu asked the Senate to screen and confirm Magnus Abe as chairman of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The nomination follows the resignation of Gbenga Komolafe.
The President also put forward Engineer Paul Yaro Jezhi, a former chairman of the Trade Union Congress of Nigeria in Kaduna State, and Mr Sunday Adebayo Babalola, a former deputy director at the Department of Petroleum Resources, for appointment as non-executive commissioners.
After reading the letters, Akpabio referred the nominations to the Senate Committee on Petroleum Upstream for further legislative action.