Edun highlights Nigeria’s fiscal gains to World Bank

Abdullateef Fowewe

Minister of Finance and Coordinating Minister of the Economy, Wale Edun has outled progress on inflation control, revenue boosts, and debt reduction during the World Bank’s April 2026 Nigeria Development Update launch on Wednesday.

Speaking in Abuja, Edun painted an optimistic picture.

This was made known in a statement obtained from the Ministry of Finance on Wednesday.

“Inflation falling, non-oil revenues rising, debt-to-GDP declining, and the exchange rate stabilising,” he stated, crediting structural reforms like real-time digital revenue tracking, forensic audits, reduced governance costs, and a pivot from debt to equity and public-private partnership (PPP) models.

Edun emphasised that these achievements must deliver real benefits to citizens, especially amid global pressures on fuel and food prices.

“Nigeria is not just stabilising, it is undergoing a long-term transformation toward a more transparent, resilient, and inclusive economy,” he added.