Wale Edun, who used to be the Minister of Finance and the Coordinating Minister of the Economy, is happy with his time in office. He says he is proud of the progress the Nigerian economy made while he was in charge.
Edun spoke the day after President Bola Tinubu said he was fired and named Taiwo Oyedele as his replacement.
Edun thanked the President on Wednesday for the chance to work in many roles since the administration began in May 2023. These roles include head of the Presidential Transition Committee, Special Adviser on Monetary Policy, and later Finance Minister.
He said, “It has been an honor to help put the administration’s economic plan into action at such an important time in Nigeria’s history.”
Edun said that the government faced a lot of problems when he took office, but he also said that the changes he made were starting to show results.
He said that economic growth had gone up from about 2% to over 4% and inflation had gone down from 35% to 15%. He said that these gains were due to efforts to stabilize the macroeconomic environment and boost investor confidence.
Edun said that the progress that had been 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’m proud of what we did with my coworkers and the many dedicated professionals whose work continues to help the country’s economy change.”
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 was an ongoing process. He also wished his successor well and promised to keep serving the country.
