Abuja, NIGERIA — The Presidency has issued a formal clarification regarding the recent exit of two key cabinet members, stating that former Finance Minister Wale Edun and former Housing Minister Ahmed Musa Dangiwa voluntarily resigned from their positions.
The statement, released by Bayo Onanuga, Special Adviser to the President on Information and Strategy, on Wednesday, aims to correct misconceptions surrounding the minor cabinet reshuffle announced on Tuesday.
According to the State House, Mr. Wale Edun, who turned 70 on Monday, April 20, submitted his resignation letter on his birthday, citing health reasons.
Okay News reports that Edun held a private hour-long valedictory meeting with President Bola Tinubu at the Presidential Villa before his departure was made public. In his letter, the investment banker-turned-minister described his service as a “privilege” and noted that under Tinubu’s leadership, Nigeria has emerged “stronger and more resilient.”
Similarly, Arc. Ahmed Musa Dangiwa, the outgoing Minister of Housing and Urban Development, tendered his resignation and expressed gratitude for the opportunity to lead reforms in the housing sector. Dangiwa, a former Federal Mortgage Bank MD, is expected to be succeeded by Dr. Muttaqha Rabe Darma, whose nomination will shortly be sent to the Senate for confirmation.
The Presidency used the opportunity to highlight the distinguished careers of the departing officials. Wale Edun is an economist with a career spanning Chase Merchant Bank, the World Bank, and co-founding Stanbic IBTC. He previously served as Lagos State Commissioner for Finance under then-Governor Tinubu. Ahmed Musa Dangiwa is an architect and seasoned administrator who served as Secretary to the Katsina State Government before his ministerial appointment in August 2023.
President Tinubu has expressed “deep appreciation” for their contributions to the Renewed Hope Agenda and the administration’s economic reform program. Meanwhile, the President has charged the incoming Finance Minister, Taiwo Oyedele, to advance the administration’s fiscal objectives with “renewed focus, discipline, and innovation.”
The formal handover processes for both ministries are expected to be completed by the close of business on Thursday, April 23, 2026.
