The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, has said that Nigeria’s economy is displaying “strong signs of recovery” following a series of bold reforms introduced by President Bola Tinubu.
Speaking with State House correspondents on Thursday after briefing the President on the current economic situation, Edun noted that key indicators are trending upward, with Nigeria achieving a 4.3 per cent GDP growth—the highest in a decade.
The minister explained that the growth covers 13 critical sectors, reflecting the broad impact of the government’s reform agenda. “The economy is rebounding and responding positively to the measures taken by the Tinubu administration,” he stated.
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Edun further highlighted rising investor confidence, citing the over-subscription of Nigeria’s Eurobond issuance by $13 billion. He also noted that inflation is “beginning to taper down,” pointing to a gradual stabilisation of prices and improved purchasing power.
He added that Nigeria’s exit from the Financial Action Task Force Grey List represents a major milestone, strengthening the country’s global financial standing. “These achievements show that President Tinubu’s economic reforms are working. We are seeing tangible results in growth, confidence, and fiscal stability,” Edun said.
The minister reaffirmed the administration’s commitment to sustaining economic growth, enhancing productivity across all sectors, and ensuring that reforms deliver real benefits to Nigerians.
