Nigeria’s new Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has pledged to continue the economic reforms already underway in the country.

He made this known during the official handover ceremony held in Abuja on Friday.

According to a statement released by the Ministry of Finance, Oyedele said he is committed to sustaining the momentum of ongoing reforms while working to deliver better results for Nigerians.

He praised the outgoing minister, Wale Edun, for his service and for helping to drive important fiscal and economic reforms during his time in office.

Oyedele also thanked President Bola Tinubu for trusting him with the responsibility of leading the ministry at a critical time for the economy.

The new minister said he is ready to work closely with the ministry’s leadership and staff to achieve the government’s economic priorities.

He stressed the importance of building on existing progress while focusing on real and measurable impact across major sectors of the economy.

According to him, reforms under the previous administration of the ministry helped improve government revenue, strengthen fiscal coordination, and support broader structural changes aimed at long-term growth.

Oyedele stated that his appointment represents continuity in economic management, with a renewed focus on discipline, efficiency, and positive outcomes for citizens.

Senior officials of the ministry, including Permanent Secretary Raymond Omachi and Permanent Secretary for Special Duties Mohammed Danjuma, welcomed him and pledged their full support.

The statement said the ministry remains focused on deepening reforms, improving public finances, and helping to create a stronger and more stable economy for Nigeria.

Many observers will now be watching how the new minister drives policies that affect inflation, jobs, investment, and the cost of living in the months ahead.