Wednesday, July 22, 2026

Nigeria recorded improvements in key macroeconomic indicators, says Edun

Nigeria recorded improvements in key macroeconomic indicators, including stronger growth performance and declining inflation, the sacked finance minister, Wale Edun, has said.

• April 23, 2026
Wale Edun
Wale Edun

Nigeria recorded improvements in key macroeconomic indicators, including stronger growth performance and declining inflation, the sacked finance minister, Wale Edun, has said.

This was disclosed in a statement by Edun, in Abuja, reflecting on his roles across different stages of the President Bola Tinubu administration’s economic management team since May 2023.

Edun attributed the improvements in key macroeconomic indicators to reforms aimed at restoring investor confidence and improving policy coordination.

“I am proud of what we achieved alongside colleagues in the Federal Executive Council, state governors, partners in the public and private sectors, and the many dedicated professionals whose work continues to support the nation’s economic transformation,” he said.

Mr Edun restated that while significant progress had been made, the reform process remained ongoing, adding that the foundations for long-term and inclusive growth had been strengthened under the current administration.

He also expressed appreciation to domestic and international stakeholders for their support, engagement and collaboration throughout his time in office.

According to him, economic reform is a continuous process that requires consistency and patience, stressing that Nigeria remains on a positive trajectory despite ongoing challenges.

He thanked Mr Tinubu for the opportunity to serve in his administration.

“I remain optimistic about Nigeria’s trajectory. I wish my successor and the entire government the very best as they continue the work of improving the lives of Nigerians,” he added.

The minister further reaffirmed his continued commitment to national service and support for the administration’s economic agenda, noting that public service remains a lifelong responsibility.

Mr Tinubu approved a minor cabinet reshuffle on Tuesday. Mr Edun and the housing minister, Umar Dangiwa, were affected.

(NAN)

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