Home Business Banking & Finance Edun resigns as finance minister, thanks Tinubu

Edun resigns as finance minister, thanks Tinubu

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.

Edun announced his resignation in a press statement on April 22, 2026, reflecting on the economic reforms implemented during his tenure.

“I wish to thank His Excellency, President Bola Ahmed Tinubu, for the opportunity to serve our country from the outset of his administration in May 2023,” Edun said.

He served first as head of the Presidential Transition Committee, then as Special Adviser on Monetary Policy, before his appointment as finance minister.

The outgoing minister stated that under President Tinubu’s leadership, the administration advanced critical reforms that stabilised the macroeconomic environment and strengthened fiscal sustainability.

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Economic growth improved from two per cent to more than four per cent, while inflation fell from 35 per cent to 15 per cent during his tenure.


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.

“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.

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