‘It’s Been An Honour To Serve Nigeria’ — Ex-Minister Wale Edun Breaks Silence After Sack

Former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has expressed gratitude to President Bola Tinubu for the opportunity to serve, following his sudden removal from office on Tuesday.

In a statement issued on Wednesday, Edun said it was an honour to contribute to the implementation of the administration’s economic agenda during what he described as a critical period in Nigeria’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,” he said.

“It has been an honour to contribute to the implementation of the administration’s economic agenda at a pivotal moment in Nigeria’s journey.”

Edun noted that the administration came into office at a time of significant economic challenges, adding that reforms introduced under Tinubu’s leadership helped stabilise the macroeconomic environment and strengthen fiscal sustainability.

According to him, economic growth improved from about two per cent to over four per cent, while inflation declined from 35 per cent to 15 per cent within the period under review.

He attributed the progress to efforts aimed at restoring public trust, boosting investor confidence, and improving 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 although more work remained to be done, the direction of the reforms was clear and the foundations for long-term growth have been laid.

He also appreciated both domestic and international stakeholders for their collaboration and support during his tenure, expressing optimism about Nigeria’s economic trajectory.

The former minister wished his successor and members of the Tinubu administration success in continuing efforts to improve the living standards of Nigerians, adding that he remained committed to supporting the government.

LEADERSHIP reports that President Tinubu relieved Edun of his position as minister of finance and coordinating minister of the economy, replacing him with Taiwo Oyedele, who previously served as minister of state for finance.