President Bola Ahmed Tinubu has nominated Taiwo Oyedele for minister of state for finance, replacing Dr Doris Uzoka-Anite.

Uzoka-Anite has been redeployed to the Ministry of Budget and National Planning, as Minister of State, her third portfolio in the administration.

President Tinubu, accordingly, transmitted the nomination of Oyedele to the Senate for screening and confirmation, in a letter to Senate President Godswill Akpabio.

Until his nomination as minister by President Tinubu, Oyedele from Ikaram, Akoko, Ondo State, was chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which superintended the tax reform.

Oyedele, 50, is an economist, accountant and public policy expert.

He attended Yaba College of Technology, where he obtained a Higher National Diploma (HND) in accountancy and finance. He attended Oxford Brookes University and earned a BSc in applied accounting.

He also completed executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.

Oyedele spent 22 years of his working career at PwC; joining in 2001 and rising to become the Fiscal Policy Partner and Africa Tax Leader.

Oyedele is also a professor at Babcock University in Ogun State and a visiting scholar at the Lagos Business School.