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Update : Cabinet Reshuffle, Non-performing ministers face sack and FEC members get order to speak on achievements, Says Onanuga
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After more than one year in office, some of President Bola Ahmed Tinubu’s ministers are likely to be axed.
Some others may swap ministries as the President moves to add pep to governance.
Presidential spokesman Bayo Onanuga confirmed the likelihood of the cabinet rejig yesterday during an interaction with reporters at Aso Villa.
He did not, however, give a timeline to the imminent action that will shake up the Federal Executive Council (FEC) inaugurated on August 21, last year.
There were 49 ministers at inception but two – Simeon Lalong, who left to take his seat as a senator and Dr. Betta Edu, who is on suspension – are out.
While the Ministry of Humanitarian Affairs previously headed by Dr. Edu has been without a minister, Mrs. Nkeiruka Onyejeocha, Minister for State Labour and Employment, has been doing the job.
Plateau, where Lalong comes from, is the only state without representation in the FEC.
The President has expressed his desire to reshuffle his cabinet and he will do it. I don’t know whether he’s going to do it before October 1, but he will surely do it.
“He has not given us any timeline, but he will do it. He has expressed his plan he wants to do it.”
O’tega Ogra, Senior Special Assistant to the President on Digital and New Media, who accompanied Onanuga to the news conference, said: “We also need to realise that the President’s decision to reshuffle is also based on empirical evidence.
“He said during the retreat for the ministers that they were going to have periodic reviews, and the decisions that are extracted from these reviews will be used to make that final decision.
“I know he’s gotten a couple of reports, and as Mr. Onanuga said, when he’s ready to do that, I believe he will.”
President Tinubu has instructed the ministers to actively promote the accomplishments of his administration.
He said the President has also directed the ministers to publicise the administration’s successes, particularly how it has worked to achieve the realisation of the ‘Renewed Hope Agenda.’
He explained that the President would be guided by an empirical process, referring to the performance indicator, which is being coordinated by the Special Adviser to the President on Policy Coordination and the Head of the Central Delivery Coordination Unit, Hajia Hadiza Bala Usman.
Onanuga stressed: “The President at the FEC meeting (Monday) gave an order to all his ministers to go out there and speak about the activities of his administration.
“Some of them have been media shy, television shy, radio shy, and he wants them to overcome all that and go out there and speak about what they have been doing.
“Because the feeling out there is that the government is not doing enough and the government has been doing a lot.
“It is up to them to go out there and blow their own trumpet. They should go out there and talk about what their ministries have been doing.”
‘Fed Govt won’t dabble into petrol pricing’
The Federal Government will not intervene in the ongoing controversy between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery over petrol pricing, the presidency said.
Onanuga emphasised that the Petroleum Industry Act (PIA) allows NNPCL to operate independently, despite being owned by the federal, state, and local governments.
According to Onanuga, private marketers who find NNPCL or Dangote’s prices too high can import fuel and sell it at a reasonable price, benefiting consumers.
He noted that this is made possible by the deregulated market, which ultimately benefits consumers if a price war starts.
“As far as this government is concerned, the PMS regime has been deregulated, Dangote is a private company. We should not forget that NNPCL is a limited liability company. Whatever controversy both of them are having is their problem.
“If you go by the terms of PIA, NNPCL operates as a limited liability company.
“The private marketers said if think they find the NNPCL or Dangote’s prices too much for them, they will resort to importing fuel because it’s a deregulated market.
“At the end of the day, it’s the consumer who benefits if a price war starts.
“If NNPC’s fuel is expensive, the private marketers can go to the market and bring in their fuel and sell at the price that they think is very reasonable and profitable for them.
“So my answer is that, as far as government is concerned, government is not dabbling in this controversy,” Onanuga said.
Economic Stabilisation Bills to strengthen naira
The government has taken bold steps to bolster the naira against the dollar with the Economic Stabilisation Bills currently before the National Assembly, the presidency said.
An aspect of the bills aims to guide the operations of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Port Authority, ensuring that all accrued revenues are collected in naira.
Onanuga said the bill will enable agencies to collect fees, charges, levies, and fines in naira at the applicable exchange rate, rather than solely in dollars.
This move is part of the government’s efforts to strengthen the national currency and prevent dollarisation of the economy.
“As the government wants to emphasise the use of our national currency, payments will now be made in naira, eliminating the need for dollars,” Onanuga explained.
He said the Economic Stabilisation Bills also propose amendments to the National Identity Commission Bill 2004.
The revised bill seeks to provide all Nigerians, including foreigners earning income in the country, with a registered National Identification Number (NIN).
This will enable them to be enlisted in Nigeria’s tax structure, ultimately shoring up the nation’s revenue base.
“The Economic Stabilisation Bill comprises multiple bills, including the amendment to the National Identity Management Commission Bill 2004,” Onanuga noted.
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Opeifa Defends Rail Reforms, Unveils Nationwide Expansion Roadmap
Opeifa maintained that derailments are not peculiar to Nigeria, noting that such incidents occur across advanced rail systems globally.
“Derailments are regular occurrences in the rail sector worldwide. In February alone, there were incidents in countries like Britain and others. Around the same time we experienced one, there were multiple derailments across the world,” he said.
He disclosed that in 2025, Nigeria recorded three major derailments:
• August 26 at Asham in Kaduna State
• November 1 at Abraka on the Warri–Itakpe line
• November 8 at Agbor on the same corridor
He said the NRC responded swiftly, restoring services within 24 hours in one case, while others were resolved within 21 and 28 days respectively.
Opeifa stressed that derailments can result from factors such as weather conditions, signal glitches, human error, speeding, or aging infrastructure, but noted that in Nigeria’s recent cases, there were no fatalities.
“These incidents are preventable and efforts are ongoing to minimize them. However, they should not be seen as major setbacks to the overall progress of the railway system,” he said.
On Allegations of Mismanagement
Addressing allegations of financial mismanagement within the corporation, Opeifa declined detailed comments, citing ongoing legal processes.
“When a matter is in court, it is sub judice. Allegations of corruption or mismanagement should be handled by the appropriate authorities,” he stated.
He reiterated that his priority is to reposition the NRC in line with global best practices and ensure efficient rail services for Nigerians.
Expansion, Upgrades and National Connectivity
The NRC boss said efforts are underway to restore damaged coaches and upgrade infrastructure using local engineers and technicians.
“We are bringing back the lines and retrofitting coaches. The Warri–Itakpe line is operational. The Abuja–Kaduna line is running, and we are increasing trips from two to three,” he said.
On long-term plans, Opeifa disclosed that the NRC roadmap envisions rail connectivity across major cities nationwide, subject to funding and phased execution.
He dismissed claims of abandoned projects, explaining that rail developments are capital-intensive and implemented in phases based on available resources.
He cited progress on the Lagos–Ibadan corridor—part of the larger Lagos–Kano project—as well as ongoing work on the Kano–Maradi line linking key northern cities.
Lagos–South-East, Port Connections in View
Opeifa also highlighted plans to expand connectivity between southern ports and inland cities. These include proposed links from Warri to Abuja and from Lekki Deep Sea Port to Kajola, Benin, Onitsha, and Aba, enabling both passenger and cargo movement.
Toward Modern Signaling and Faster Trains
On modernization, he said Nigeria is gradually upgrading from older narrow-gauge systems to standard-gauge infrastructure with improved signaling technology.
He noted that metro rail projects in Kaduna, Kano, and Lagos are being developed with higher signaling standards, positioning the country for faster and more efficient train services in the coming years.
“We are not yet at the highest global level, but we are moving steadily upward,” Opeifa said.
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Ticket Reform Boosts Confidence in Lagos–Ibadan Rail Service, Says Opeifa
A quiet transformation is reshaping the daily commute between Nigeria’s commercial hub and the historic city of Ibadan. Passengers on the Lagos–Ibadan standard gauge corridor say services have become more efficient and predictable following a clampdown on ticket racketeering led by Kayode Opeifa
The renewed confidence in the rail line linking Lagos and is influencing residential and employment decisions among middle-income earners who once considered daily intercity commuting unrealistic.
“It is now possible to live in Ibadan and work in Lagos without the daily anxiety of securing a ticket,” said Adewale Bamidele, a financial analyst who travels three times a week. “Before, you needed connections. Now, you book, you board, you arrive.”
A Line Once Hindered by Middlemen
The Lagos–Ibadan railway, inaugurated as a flagship infrastructure project under the administration of former President Buhari was designed to ease pressure on the congested Lagos–Ibadan Expressway and deepen economic integration across the South-West.
However, in its early phases, passengers frequently complained of informal ticket rackets. Allegations included bulk-buying by intermediaries and artificial scarcity that forced travellers to pay inflated prices for seats on high-demand trains.
Industry observers say such practices undermined the railway’s credibility as a mass transit solution. “Transport systems thrive on predictability and fairness,” said a transport economist “Once access is perceived as compromised, commuters revert to road transport despite the risks and delays.”
Enforcement and Digitisation
Since assuming oversight responsibilities within the sector, Opeifa has reportedly intensified internal monitoring and strengthened digital ticketing protocols. Railway officials, speaking on condition of anonymity, said stricter verification processes and disciplinary measures against errant staff have curtailed unauthorised ticket sales.
Although the Nigerian Railway Corporation has not released detailed enforcement data, anecdotal evidence from regular commuters points to shorter queues, smoother boarding procedures and fewer last-minute cancellations.
For professionals with flexible work schedules, the improvement has been significant. The average journey time of about two to three hours—depending on the service type—now compares favourably with unpredictable road travel, which can take considerably longer during peak traffic.
Changing Urban Dynamics
Property agents in Ibadan report a modest rise in enquiries from Lagos-based workers seeking more affordable housing. Rents in many parts of Ibadan remain significantly lower than comparable neighbourhoods in Lagos, offering relief to households grappling with inflationary pressures.
“Rail reliability changes everything,” said Funke Adebayo, a real estate consultant in Ibadan. “When people trust the timetable, they are more willing to relocate.”
Economists caution, however, that long-term success will depend on consistent maintenance, adequate security along the corridor and transparent ticketing systems. Any return to informal practices could quickly erode recent gains.
The Lagos–Ibadan corridor is widely regarded as a litmus test for Nigeria’s broader rail ambitions. With additional standard gauge projects planned or underway nationwide, policymakers face mounting pressure to ensure that infrastructure investments translate into reliable public service delivery.
For now, passengers remain cautiously optimistic.
“It feels more organised,” Bamidele said while disembarking at Mobolaji Johnson Station in Lagos. “If this standard is sustained, rail can genuinely compete with road transport.”
Nigeria agree, the real challenge lies not just in laying tracks, but in sustaining public trust.
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Breaking : Finance Ministry Shake-Up: Tinubu Nominates Oyedele, Says Onanuga
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President Bola Tinubu has nominated the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Dr. Taiwo Oyedele, as the Minister of State for Finance.
Oyedele replaces Dr. Doris Anite-Uzoka, who has been redeployed to the Ministry of Budget and National Planning as Minister of State, her third portfolio in the administration.
The President on Tuesday conveyed Oyedele’s nomination to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio, according to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, on Tuesday.
Until Tinubu nominated him as a minister, Oyedele from Ikaram, Akoko, Ondo State, was the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which overhauled Nigeria’s tax system.
The 50-year-old is an economist, accountant, and public policy expert who led the comprehensive overhaul of Nigeria’s tax system through the Presidential Committee on Fiscal Policy and Tax Reforms.
The committee, inaugurated in August 2023, delivered four executive bills that consolidated over 60 taxes into fewer than 10 statutes and introduced significant reforms, including zero income tax for Nigerians earning N800,000 annually or less.
The Tax Reform Acts, which became effective on January 1, 2026, also exempted small businesses with turnover below N50m from company income tax, capital gains tax, and development levy.
Other provisions include a 50 per cent tax deduction for companies hiring new workers for three years, a 50 per cent deduction for wage increases to the lowest-paid employees, and a five-year corporate tax holiday for agricultural enterprises.
Oyedele attended Yaba College of Technology, where he obtained a Higher National Diploma in Accountancy and Finance, before proceeding to Oxford Brookes University for 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 at PricewaterhouseCoopers, joining in 2001 and rising to become the Fiscal Policy Partner and Africa Tax Leader before his appointment to head the tax reform committee.
He is currently a professor at Babcock University in Ogun State and a visiting scholar at the Lagos Business School.
As Minister of State for Finance, Oyedele is expected to oversee the implementation of the tax reforms he championed, particularly as the government seeks to improve revenue generation and deepen economic reforms.
Anite-Uzoka, who is being redeployed to the Ministry of Budget and National Planning, previously served as Minister of State for Industry, Trade and Investment before her appointment as Minister of State for Finance.
The Senate is expected to screen and confirm Oyedele’s nomination in the coming weeks, following which he will be sworn in to assume his ministerial duties.
The Finance Ministry, currently led by Wale Edun as substantive minister, oversees fiscal policy, revenue mobilisation, debt management, and economic planning.
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