- Nigeria Remains Stable, Not at War, Edun Assures Investors
- Edun emphasized that Nigeria remains “focused, reform-driven, and committed to stability”
- Says Nigeria’s financial markets remain resilient
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, reassured investors on Sunday that the recent joint military operation by the United States and Nigerian forces in Sokoto State will not destabilize Nigeria’s financial markets, but rather enhance economic confidence.
Eko Hot Blog reports that Edun emphasized that the operation, which took place on Christmas Day, was intelligence-led and specifically aimed at neutralizing terrorist elements threatening national security and stability.
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He assured that the government was in full support of the operation, which targeted ISIS terrorists responsible for killing innocent civilians, particularly Christians, in the northwest.
U.S. President Donald Trump, who authorized the military strikes, had previously warned that action would be taken against terrorist groups causing mass killings, particularly of Christians. On his Truth Social platform, he declared, “Tonight, at my direction as Commander in Chief, the United States launched a powerful and deadly strike against ISIS terrorist scum in Northwest Nigeria.” Trump further stated that the strikes were part of the United States’ ongoing efforts to combat radical Islamic terrorism.
Edun reassured both domestic and international investors that the operation was part of Nigeria’s broader strategy to maintain peace, protect citizens, and support economic growth. He emphasized that the action was “precise, intelligence-led, and focused exclusively on terrorist elements” rather than representing any form of internal conflict.
“The operation in question strengthens the foundations of peace and security, which are essential to economic stability and growth,” Edun said. “Security and economic stability go hand in hand, and every step taken to safeguard Nigerian lives is inherently pro-growth and pro-investment.”
The finance minister highlighted Nigeria’s impressive macroeconomic performance, with the country’s GDP growing by 3.98% in the third quarter of 2025, following a 4.23% growth in the previous quarter. Inflation has also continued its downward trend for the seventh consecutive period, now falling below 15%. This, according to Edun, reflects Nigeria’s improved price stability.
He further underscored that Nigeria’s financial markets remain resilient, supported by prudent fiscal management and recent credit rating upgrades from Moody’s, Fitch, and Standard & Poor’s. Edun pointed to these ratings as independent validations of the strength of Nigeria’s economic reforms and governance.
Edun also assured investors that Nigeria is firmly committed to maintaining fiscal discipline and protecting macroeconomic stability, as outlined in President Bola Tinubu’s address last week. “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,” Edun affirmed.
As markets were set to reopen on December 29, Edun emphasized that Nigeria remains “focused, reform-driven, and committed to stability,” urging investors to be confident in the country’s economic direction and its commitment to securing prosperity.
Despite initial negative reactions when President Trump first announced the possibility of military action in November, leading to a brief depreciation of the naira and a dip in the Nigerian Exchange, Edun remained optimistic about Nigeria’s financial future.
The naira slid by 1.03% in early November following Trump’s announcement, but Edun assured investors that such geopolitical challenges would not derail Nigeria’s economic progress.
Edun concluded by reaffirming that Nigeria remains open for business, with a clear policy direction and an unwavering resolve to protect lives, secure prosperity, and grow the economy.
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