ABUJA, Nigeria — Wale Edun has stepped down from his position as Minister of Finance and Coordinating Minister of the Economy, expressing gratitude to President Bola Ahmed Tinubu for the opportunity to serve since the administration’s inception in May 2023.
Okay News reports that Edun announced his departure in a press statement issued on April 22, 2026, in which he reflected on the economic reforms implemented during his tenure.
“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,” Edun said.
The outgoing minister stated that under President Tinubu’s leadership, the administration advanced critical reforms that stabilised the macroeconomic environment, strengthened fiscal sustainability, and laid the foundation for inclusive growth. He noted that economic growth improved from 2 percent to more than 4 percent, while inflation fell from 35 percent to 15 percent.
Edun expressed pride in the work achieved alongside colleagues in the Federal Executive Council, State Governors, and partners in the public and private sectors. “While much remains to be done, the direction is clear and the foundations are firmly in place,” he said.
He thanked domestic and international stakeholders for their collaboration and support throughout his period of service, adding that he remains optimistic about Nigeria’s economic trajectory.
“I remain fully committed to the service of our country and to supporting Mr President,” Edun stated.
No immediate announcement was made regarding a successor.
