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Wale Edun, who used to be the Minister of Finance and the Coordinating Minister of the Economy, says he is happy with his time in office because he is proud of the progress the Nigerian economy made while he was there.
A day after President Bola Tinubu announced his removal and named Taiwo Oyedele as his replacement, Edun spoke.
Edun thanked the President on Wednesday for giving him the chance to serve in several roles since the administration began in May 2023. These roles included head of the Presidential Transition Committee, Special Adviser on Monetary Policy, and later Finance Minister.
He said, “It has been an honor to help carry out the administration’s economic agenda at such an important time in Nigeria’s history.”
Edun thought about the state of the economy at the beginning and said that the government had a lot of problems to deal with, but that reforms he had made while in office were starting to have an effect.
He said that the economy had grown from about 2% to more than 4% and that inflation had fallen from 35% to 15%. He said that these improvements were due to efforts to stabilize the macroeconomic environment and boost investor confidence.
Edun said that the progress made was the result of a group effort that included members of the Federal Executive Council, state governors, and people from both the public and private sectors.
He went on to say, “I am proud of what we did with my coworkers and the many dedicated professionals whose work continues to support the nation’s economic transformation.”
The former minister said he was hopeful about Nigeria’s economic future, even though he knew there were still problems to solve. He said that reform is an ongoing process. He also wished his successor well and promised to continue serving the country.
