The Presidency has clarified that the former Minister of Finance and Coordinating Minister of Economy, Wale Edun, and the ex-Minister of Housing and Urban Development, Ahmed Musa Dangiwa, were not sacked by President Bola Tinubu but resigned their appointments voluntarily.

This came as the President urged the new Minister of Finance, Taiwo Oyedele, to consolidate ongoing reforms and advance the administration’s fiscal and economic objectives with renewed focus, discipline, and innovation. According to a release by the Presidential spokesman, Bayo Onanuga, Edun resigned his appointment citing health reasons.

He added that the former Minister of Housing and Urban Development similarly resigned and thanked the President for the opportunity given him to serve in the Federal Executive Council.

“Edun, who clocked 70 on Monday and has battled recent ill health, fittingly submitted his resignation letter on his birthday, thanking the President for the opportunity to serve Nigeria.

“It has been a pleasure and privilege to serve your administration and the Renewed Hope Agenda,” his letter read. “Under your leadership, Nigeria has emerged stronger, more resilient and more internationally respected. “I wish you and the administration every success in the future,” he wrote.

On Tuesday, before the Office of the Secretary of the Government of the Federation announced his departure from the Cabinet, Edun paid a valedictory visit to the President at the Villa.

He held an hour-long discussion with Tinubu and then left to focus on his private businesses. Dangiwa, an architect, previously served as the managing director of the Federal Mortgage Bank between 2015 and 2022, as well as Secretary to the Katsina State Government, before President Tinubu appointed him as Housing minister in August 2023.

Edun, an economist and investment banker, served as Lagos State Commissioner for Finance between 1999 and 2004, during the tenure of then Governor Bola Tinubu.

The President has expressed deep appreciation to Edun and Dangiwa for their dedicated service and significant contributions to the administration’s economic reform programme and wished them continued success in their future endeavours.