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Wale Edun Charges Finance Leadership To Champion Economic Transformation

Tunde Abiola by Tunde Abiola
May 9, 2025
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In a decisive move to strengthen Nigeria’s economic trajectory, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has urged top management staff of the Ministry to harness their expertise in driving economic acceleration and fiscal consolidation for the benefit of all Nigerians.

This charge was delivered at the opening of the 2025 Ministerial Performance Management Retreat, themed “Strengthening Performance Management for Fiscal Stability”, held at the Banquet Hall, Government House, Yola, the capital of Adamawa State.

Declaring the two-day retreat open, the Minister called for renewed commitment, measurable impact, and sustained reform in alignment with President Bola Ahmed Tinubu’s Renewed Hope Agenda. He stressed the pivotal role of senior management in shaping outcomes that reflect the administration’s economic priorities.

“The expectations of government and the Nigerian people are higher than ever. You are the engine room of policy execution. The performance of this Ministry is, to a large extent, a reflection of your effectiveness,” Edun said.

He reaffirmed the President’s commitment to lifting millions out of poverty through inclusive growth, noting that while macroeconomic stability has been restored, the ambition now is to accelerate GDP growth to 7% annually.

The Minister also extended his appreciation to the Governor of Adamawa State, His Excellency Rt. Hon. Ahmadu Umaru Fintiri, for hosting the retreat and acknowledged the impressive strides being recorded under his administration.

In a goodwill message delivered by the Deputy Governor, Professor Kaletapwa Farauta, Governor Fintiri lauded the Honourable Minister of Finance, Mr. Wale Edun; the Minister of State for Finance, Dr. Doris Uzoka-Anite; the Permanent Secretaries; and the Ministry’s senior management for their commitment to national economic transformation.

“Adamawa remains committed to national development goals. We are honoured to host this retreat, which underscores the importance of aligning local governance with federal fiscal reforms,” the Deputy Governor stated.

Earlier in her welcome address, the Permanent Secretary of the Ministry, Mrs. Lydia Shehu Jafiya, underscored the urgency of institutionalising a performance-driven culture in the Ministry:

“As we navigate the realities of limited resources, rising public expectations, and the imperative for efficient governance, performance management becomes not only relevant but essential to our fiscal stability and collective success.”

She emphasised the need for shared responsibility in embedding a robust Performance Management System in line with the Ministry’s mandate to manage the nation’s finances in an open, transparent, and accountable manner to achieve national development goals.

The retreat brought together Directors across the Federal Ministry of Finance and other key stakeholders to review strategic progress, share insights, and sharpen implementation capacity.

As Nigeria forges ahead on the path of reform and economic revitalisation, the Honourable Minister’s call to action serves as a powerful rallying point for the Ministry’s leadership to deliver growth, stability, and shared prosperity.

With renewed resolve, the Ministry of Finance stands poised to play a defining role in shaping Nigeria’s economic future.

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