Nigeria Open for Business Despite Sokoto Airstrikes, Says Finance Minister Edun
Edun: Nigeria Open for Business After US Airstrikes

Nigeria's Finance Minister, Wale Edun, has moved to calm investor nerves, declaring the country firmly open for business despite the recent joint security operation with the United States in Sokoto State.

Security Action is Pro-Growth, Not Destabilising

In a statement released on Monday, December 29, 2025, the Coordinating Minister for the Economy addressed concerns following the targeted airstrikes conducted on Christmas Day. Edun clarified that Nigeria is not engaged in any internal or external war but is decisively confronting terrorism alongside international partners.

He emphasised that the operation was precise and intelligence-led, aimed solely at terrorist elements threatening lives and economic stability. “Security and economic stability are inseparable,” Edun stated, arguing that such actions strengthen peace and protect the foundations required for sustainable growth and investment.

Strong Economic Indicators Back Confidence

Edun pointed to tangible progress under President Bola Tinubu's administration to bolster his reassurance. He highlighted the nation's robust macroeconomic performance, noting that Nigeria's GDP grew by 3.98% in the third quarter of 2025, following an even stronger 4.23% expansion in Q2. The government anticipates a stronger performance for the fourth quarter.

Furthermore, the minister expressed delight that inflation has decelerated for the seventh consecutive period and is now below 15%, a sign of improving price stability due to coordinated fiscal and monetary policies.

Market Resilience and Reform Credibility

The Finance Minister also underscored the resilience of Nigeria's financial markets, which he said are supported by prudent fiscal management. He cited recent credit rating upgrades from major agencies like Moody's, Fitch, and Standard & Poor's as independent endorsements of the country's reform trajectory.

“As markets reopen,” Edun said, referencing Monday, December 29, “investors can be confident that Nigeria remains focused, reform-driven, and committed to stability.” He concluded with optimism, affirming that Nigeria is anchored in peace and firmly focused on a future of sustainable and inclusive economic growth.