By Atoyebi Nike
The Federal Government has dismissed concerns that a recent joint security operation by Nigerian and United States forces in Sokoto State signals instability in the country, assuring investors that Nigeria’s economy remains resilient and secure.
In a statement released on Monday, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the December 25 operation was a targeted, intelligence-led strike against terrorist camps linked to the Islamic State group and should not be misinterpreted as internal conflict.
Edun explained that the operation neutralized several terrorists without recording any civilian casualties, stressing that Nigeria was neither at war with itself nor with any other nation. Instead, he said the country continues to work closely with trusted international partners to combat terrorism and protect national stability.
According to the minister, the action focused strictly on armed elements threatening lives, security, and economic activity, noting that effective security measures help preserve peace and create conditions for sustainable growth.
He added that security remains closely tied to economic performance, as safeguarding communities and productive assets strengthens market confidence and encourages investment.
Highlighting recent economic indicators, Edun disclosed that Nigeria’s GDP grew by 3.98 per cent in the third quarter of 2025, following 4.23 per cent growth in the second quarter, with projections pointing to stronger performance in the final quarter of the year.
He also said inflation had declined for the seventh consecutive period, falling below 15 per cent, a development he attributed to improved fiscal discipline and effective coordination with monetary authorities.
Edun further noted that both domestic and international debt markets remain stable, supported by prudent fiscal management, while Nigeria has received credit rating upgrades from Moody’s, Fitch, and Standard & Poor’s within the past year.
Looking ahead, the minister said President Bola Ahmed Tinubu’s economic agenda for 2026 would focus on consolidating recent gains, strengthening resilience, and building a sustainable, inclusive, and growth-driven economy.
He reaffirmed that Nigeria remains open for business and firmly committed to ongoing reforms and long-term economic stability.
