Following his unexpected exit from the cabinet on Tuesday, the former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a message of appreciation toward President Bola Tinubu for the privilege of serving in his government.
In a formal statement released on Wednesday, Edun reflected on his tenure, noting that it was a privilege to help drive the administration’s fiscal goals during a period he viewed as a vital turning point for the nation.
Regarding his time in office, he stated: “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 continued by saying: “It has been an honour to contribute to the implementation of the administration’s economic agenda at a pivotal moment in Nigeria’s journey.”
Read Also: Tinubu Reconstitutes Governing Council Of Nigeria Police Academy
Edun highlighted that the Tinubu government inherited a difficult economic landscape, asserting that the policy shifts enacted helped steady the country’s financial footing and ensure more sustainable fiscal health.
He pointed to specific data as evidence of this shift, claiming that growth rose from roughly 2% to more than 4%, while inflation dropped from 35% to 15% during his time in the role.
He credited these improvements to a focus on regaining the public’s trust, attracting investors, and streamlining how government bodies manage the economy.
Reflecting on the teamwork involved, he noted: “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.”
The former minister acknowledged that while the journey is far from over, the current reforms have established a transparent path and a solid basis for future prosperity.
He thanked various local and global partners for their cooperation and voiced his confidence in Nigeria’s financial future.
Concluding his remarks, Edun offered his best wishes to his successor and the rest of the administration as they work to better the lives of citizens, affirming his continued loyalty to the government’s goals.
This transition follows President Tinubu’s decision to replace Edun with Taiwo Oyedele, the former Minister of State for Finance.
