President Tinubu urges Senate to confirm Taiwo Oyedele as Minister of State for Finance and Magnus Abe as NUPRC chairman

President Bola Tinubu has requested the Senate of the Federal Republic of Nigeria to screen and confirm Taiwo Oyedele as Minister of State for Finance, succeeding Doris Uzoka-Anite.

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The President also asked the upper chamber to approve former Rivers South-East senator Magnus Abe as chairman of the Nigerian Upstream Petroleum Regulatory Commission, following the resignation of Gbenga Komolafe.

The requests were conveyed in separate letters read during plenary by Godswill Akpabio.

Tinubu urged the Senate to consider Oyedele’s nomination as part of adjustments within the Federal Executive Council.

Until his ministerial nomination, Oyedele, from Ikaram in Akoko, Ondo State, chaired the Presidential Committee on Fiscal Policy and Tax Reforms, driving key reforms to overhaul Nigeria’s tax system.

The 50-year-old economist, accountant, and public policy expert spent 22 years at PwC Nigeria, rising to Fiscal Policy Partner and Africa Tax Leader.

In addition, Tinubu submitted nominations for Paul Yaro Jezhi, former Trade Union Congress chairman in Kaduna State, and Sunday Adebayo Babalola, former deputy director at the now-defunct Department of Petroleum Resources, as non-executive commissioners of the NUPRC.

Following the letter reading, Akpabio referred all nominations to the Senate Committee on Petroleum Upstream for legislative action.

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The Senate is expected to review the nominees and conduct screening in the coming weeks, as the Federal Government continues to strengthen governance in finance and petroleum sectors.