Wale Edun has expressed gratitude to President Bola Tinubu for the opportunity to serve in various capacities since the start of the administration in May 2023, following his removal as finance minister.
In a statement on Wednesday, Edun said it was an honour to contribute to the implementation of the administration’s economic agenda during a critical period in the country’s development.
“I wish to thank His Excellency, President Bola Ahmed Tinubu, GCFR for the opportunity to serve our country from the outset of his administration in May 2023; first as head of the Presidential Transition Committee, then in my role as Special Adviser on Monetary Policy, before my appointment as Honourable Minister of Finance and Coordinating Minister of the Economy,” Edun said.
Edun noted that the administration assumed office at a time when Nigeria faced significant economic challenges, adding that reforms undertaken under Tinubu’s leadership helped stabilise the macroeconomic environment and strengthen fiscal sustainability.
According to him, key outcomes of the reforms include economic growth improving from about 2 percent to over 4 percent, and inflation declining from 35 percent to 15 percent.
He said the progress recorded was driven by efforts to restore public trust, boost investor confidence, and improve economic coordination across government institutions.
“I am proud of what we achieved alongside colleagues in the federal executive council, state governors, our partners in the public and private sectors, and the many dedicated professionals whose work continues to support the nation’s economic transformation,” he said.
Edun added that while more work remains to be done, the direction of economic reforms is clear and the foundations for long-term growth have been established.
The minister also thanked domestic and international stakeholders for their collaboration and support throughout his period of service, expressing optimism about Nigeria’s economic trajectory.
He wished his successor and members of the government success in continuing efforts to improve the living standards of Nigerians, adding that he remains committed to supporting the administration.
On April 21, Tinubu relieved Edun from his position as the minister of finance and coordinating minister of the economy, replacing him with Taiwo Oyedele, the minister of state for finance.
