Presidency Clarifies Edun, Dangiwa Resigned—Not Sacked

Presidency Clarifies Edun, Dangiwa Resigned—Not Sacked

The Presidency has clarified that former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, resigned from office on health grounds and was not removed, putting to rest speculation surrounding his exit from the Federal Executive Council (FEC).

In a statement issued in Abuja by presidential spokesperson, Bayo Onanuga, the government also confirmed that the former Minister of Housing and Urban Development, Ahmed Dangiwa, similarly stepped down voluntarily.

According to the Presidency, Edun conveyed his decision in a formal resignation letter to President Bola Ahmed Tinubu, citing health concerns. The former minister, who recently turned 70, expressed gratitude for the opportunity to serve in the administration.

“It has been a pleasure and privilege to serve your administration and the Renewed Hope Agenda. Under your leadership, Nigeria has emerged stronger, more resilient and more internationally respected,” his letter read in part.

The Presidency disclosed that Edun paid a valedictory visit to the President on Tuesday, where both men held a closed-door meeting lasting about an hour before the official announcement of his resignation.

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Following the meeting, Edun was said to have departed Abuja to focus on private business interests and personal matters, marking the end of his tenure in public office for now.

Similarly, Ahmed Dangiwa thanked the President for the opportunity to serve, as the administration acknowledged his contributions to housing and urban development policies during his time in office.

President Tinubu expressed appreciation to both former ministers for their service and roles in advancing the government’s reform agenda, wishing them success in their future endeavours.

As part of the transition, the Presidency confirmed that Taiwo Oyedele has assumed office as the new Minister of Finance and Coordinating Minister of the Economy. He has been tasked with consolidating ongoing fiscal reforms and driving Nigeria’s economic agenda with renewed discipline and innovation.

In the housing sector, the President is expected to forward the nomination of Muttaqha Darma to the Senate for confirmation as Minister of Housing and Urban Development.

Edun, a seasoned economist and investment banker, previously served as Lagos State Commissioner for Finance between 1999 and 2004 during Tinubu’s tenure as governor, where he played a key role in fiscal reforms at the state level.

His tenure at the federal level was marked by efforts to stabilise Nigeria’s economy, manage public finances, and implement reforms amid inflationary pressures and global economic uncertainty.

The Presidency’s clarification comes amid heightened public interest and political commentary following the recent cabinet reshuffle, with officials emphasising that the exits were voluntary and part of a smooth leadership transition within the administration.

Presidency Clarifies Edun, Dangiwa Resigned—Not Sacked