The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, has announced that Nigeria’s economy is showing strong signs of recovery following a series of bold reforms introduced by President Bola Tinubu.

Speaking with State House correspondents on Thursday after briefing the President on the current state of the economy, Edun confirmed that the economic indicators are pointing upward. He highlighted that Nigeria recorded a 4.3 per cent GDP growth, which he noted is the highest figure in a decade.

The Minister explained that this robust growth spans 13 key sectors, demonstrating the broad and significant impact of the government’s reform agenda.

Edun stated: “The economy is rebounding and responding positively to the measures taken by the Tinubu administration.”

According to the Minister, investor confidence in the country has risen significantly, a trend reflected in the over-subscription of Nigeria’s Eurobond issuance by a substantial $13 billion.

He added that inflation is “beginning to taper down,” signaling a gradual stabilization of prices and an improvement in citizens’ purchasing power.

Furthermore, Edun highlighted Nigeria’s recent exit from the Financial Action Task Force Grey List, describing this achievement as a major milestone that strengthens the country’s global financial standing.

The Minister summarized the impact of the administration’s policies, stating: “These achievements show that President Tinubu’s economic reforms are working. We are seeing tangible results in growth, confidence, and fiscal stability,” he said.

The minister concluded by reaffirming the administration’s commitment to sustaining economic growth, enhancing productivity across all sectors, and ensuring that the ongoing reforms successfully translate into real, tangible benefits for all Nigerians.