Edun and Dangiwa Resigned Voluntarily, Not Dismissed, Presidency Says

By Victor Idajili

The presidency said yesterday that former Finance and Coordinating Minister of the Economy Wale Edun and former Housing and Urban Development Minister Ahmed Musa Dangiwa voluntarily resigned from the Federal Executive Council (FEC) and were not dismissed. 


In a statement, the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, said Edun tendered his resignation on health grounds ahead of the announcement of his replacement by President Bola Ahmed Tinubu.


Edun, who turned 70 on Monday and has reportedly battled recent ill health, submitted his resignation letter on his birthday, expressing gratitude to the President for the opportunity to serve.

“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. I wish you and the administration every success in the future”, he wrote.

The statement explained that the former minister also paid a valedictory visit to the President at the Aso Villa on Tuesday, where he held an hour-long meeting before departing to focus on his private business interests.


Similarly, Dangiwa was said to have resigned his appointment and thanked the President for the opportunity to serve in the cabinet.

Before his appointment as minister in August 2023, Dangiwa, an architect, had served as Managing Director of the Federal Mortgage Bank of Nigeria between 2015 and 2022, and as Secretary to the Katsina State Government.

Edun, an economist and investment banker, previously served as Commissioner for Finance in Lagos State between 1999 and 2004 during Tinubu’s tenure as governor.


He also worked with the World Bank and co-founded Investment Banking & Trust Company Limited (now Stanbic IBTC), among other professional engagements.

President Tinubu, according to the statement, expressed deep appreciation to both former ministers for their dedicated service and contributions to his administration’s economic reform agenda.

“President Tinubu wished them continued success in their future endeavours.