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National Affairs

Finance And Economy Reforms Yield Progress As Wale Edun Bows Out Of Office

 JKNM JKNMApril 23, 2026 461 Minutes read0
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By Jemimah Wellington, JKNewsMedia Correspondent 

PROGRESS RECORDED in Nigeria’s economy has been highlighted by the immediate former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, as he expressed satisfaction with his tenure following his resignation.

Edun spoke a day after President Bola Tinubu announced his resignation and appointed Taiwo Oyedele as his successor.

JKNewsMedia.com reports that in a statement issued on Wednesday, Edun thanked the President for the opportunity to serve in multiple roles since the administration began in May 2023, including as head of the Presidential Transition Committee, Special Adviser on Monetary Policy, and later Finance Minister.

“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 state of the economy at the outset, Edun acknowledged that the government inherited significant challenges but noted that reforms undertaken during his tenure had begun to deliver results.

He cited improvements in economic growth from about 2 percent to over 4 percent and a decline in inflation from 35 percent to 15 percent, attributing the gains to efforts aimed at stabilising the macroeconomic environment and boosting investor confidence.

JKNewsMedia.com also reports that Edun said the progress recorded was a collective effort involving members of the Federal Executive Council, state governors, and stakeholders across the public and private sectors.

“I am proud of what we achieved alongside colleagues and the many dedicated professionals whose work continues to support the nation’s economic transformation,” he added.

While acknowledging that challenges remain, the former minister expressed optimism about Nigeria’s economic trajectory, describing reform as a continuous process.

He also extended goodwill to his successor and reaffirmed his commitment to national service.

—

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Federal GovernmentFinance MinistryNigeria Economy
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