The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has assured local and foreign investors that Nigeria is not at war and remains economically stable despite the recent joint security operation involving the United States in Sokoto State.
In a statement issued on Sunday, Edun explained that the Christmas Day operation was intelligence-led and narrowly targeted at terrorist groups threatening innocent lives, national stability, and economic activity. He stressed that the action was approved by the Federal Government and should be seen as a measure to strengthen peace, not a sign of broader conflict.
Edun’s comments followed earlier remarks by US President Donald Trump, who announced airstrikes against ISIS-linked terrorists in northwest Nigeria. Those comments initially unsettled Nigerian financial markets in November, triggering a temporary dip in the naira, equities, and Eurobond appetite.
Reassuring investors, the finance minister said security actions of this nature actually reinforce confidence by protecting productive communities and safeguarding economic foundations. He emphasised that Nigeria is not at war with itself or any other nation, adding that security and economic growth are inseparable.
Highlighting economic fundamentals, Edun noted Nigeria’s GDP growth of 3.98 per cent in Q3 2025, declining inflation below 15 per cent for seven consecutive periods, stable debt markets, and recent credit rating upgrades by Moody’s, Fitch, and S&P. He concluded that as markets reopen, Nigeria remains open for business, reform-driven, and firmly focused on stability and sustainable growth.
