“Nigeria tackles terrorism, not war,” Edun reassures investors
Minister of Finance and Coordinating Minister of the Economy, Wale Edun
Abdullateef Fowewe
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has affirmed the country’s economic stability following a joint Nigeria-US security operation in Sokoto on Christmas Day.
Edun in a statement he personally signed emphasised that the precise, intelligence-led action targeted terrorist elements, not any broader conflict, and underscored its role in bolstering investor confidence.
In the statement shared as markets reopened, Edun declared, “Nigeria is not at war with itself, nor with any nation. What Nigeria is decisively confronting—alongside trusted international partners—is terrorism. This distinction is important, and it is fundamental to understanding the positive economic implications of recent actions.”
He highlighted how such operations “strengthen the foundations of peace, protect productive communities, and reinforce the conditions required for sustainable growth,” linking security directly to economic progress.
He noted that under President Bola Tinubu’s leadership, Nigeria reported GDP growth of 3.98% in Q3 2025—up from 4.23% in Q2—with expectations of even stronger Q4 results.
Inflation has now fallen below 15% for the seventh straight period, thanks to coordinated fiscal and monetary policies.
Edun pointed to resilient financial markets, including recent credit rating upgrades from Moody’s, Fitch, and Standard & Poor’s, as evidence of reform success.
“Domestic and international debt markets are stable and functioning efficiently, supported by prudent fiscal management,” he noted.
Looking ahead, the minister echoed President Tinubu’s vision, “Our overarching objective for 2026 is to consolidate the gains of 2025, strengthen Nigeria’s economic resilience, and continue building a sustainable, inclusive, and growth-oriented economy.”
He concluded that “Nigeria remains open for business, anchored in peace, and firmly focused on the future,” urging investors to remain confident amid the nation’s unwavering commitment to stability.
