The Former Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has expressed satisfaction with the progress made under his watch, highlighting key economic improvements recorded during his tenure in President Bola Ahmed Tinubu’s administration.
In a statement issued shortly after his exit, Edun thanked President Tinubu for the opportunity to serve in various capacities, including as head of the Presidential Transition Committee, Special Adviser on Monetary Policy, and later as Minister of Finance and Coordinating Minister of the Economy.
“It has been an honour to contribute to the implementation of the administration’s economic agenda at a pivotal moment in Nigeria’s journey,” he said.
Reflecting on the economic environment at the start of the administration, Edun noted that the government was confronted with significant macroeconomic challenges but said coordinated reforms had begun to yield results.
“Under his leadership, we have worked collectively across government to advance critical reforms that stabilised the macroeconomic environment, strengthened fiscal sustainability, and laid the foundation for inclusive and long-term growth,” he stated.
He disclosed that Nigeria’s economic growth rose from about 2 percent to over 4 percent, while inflation declined from 35 percent to 15 percent during the period.
According to him, the improvements were achieved through strengthened policy coordination, enhanced investor confidence, and sustained engagement with both domestic and international stakeholders.
“These outcomes were driven by a shared commitment to restoring public trust and enabling faster and more inclusive growth,” he added.
Edun praised colleagues within the Federal Executive Council, state governors, and private sector partners for their contributions to the reforms, describing the achievements as collective efforts.
“I am proud of what we achieved alongside colleagues across government and the private sector, as well as dedicated professionals whose work continues to support the nation’s economic transformation,” he said.
While acknowledging that more work remains, he expressed optimism about Nigeria’s economic outlook, noting that the foundations for sustained growth have been laid.
“The direction is clear and the foundations are firmly in place,” he said, adding that he remains committed to supporting the administration and national development efforts.