Nigeria, April 23 -- Economic experts have outlined their expectations about the direction of Nigeria's economy following the appointment of a new Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, citing his background and track record as key strengths likely to shape his performance in the ministry.

The presidency approved the removal of Wale Edun as finance minister in a minor cabinet reshuffle on Tuesday, and Mr Oyedele was appointed to head the finance ministry.

The newly appointed minister's journey started with his appointment as chair of the Presidential Fiscal Policy and Tax Reforms Committee, which oversaw the Nigerian tax reform that took effect on 1 January.

On 16 March, President Bola Tinubu swore...