…Minister to be flown abroad for treatment
President Bola Ahmed Tinubu is reportedly contemplating replacing his Minister of Finance and Coordinating Minister for the Economy, Wale Edun, following his alleged deteriorating health condition, according to reports.
Edun has been a key figure in the administration’s economic management team since August 2023.
It was gathered from reliable sources in the presidency that Edun, who has been battling undisclosed health challenges for several weeks, is expected to be flown abroad for advanced medical treatment.
His temporary exit, according to government insiders, has prompted consultations on a possible replacement to ensure continuity in economic policy implementation.
Government insiders revealed that his temporary exit has prompted consultations on a possible replacement to ensure continuity in economic policy implementation.
Edun, a seasoned economist, banker, and former Lagos State Commissioner for Finance, has been widely credited with steering Nigeria’s fragile economy through some of its most challenging moments since Tinubu assumed office.
Edun’s appointment as Finance Minister and Coordinating Minister for the Economy on August 21, 2023, was one of the earliest signals of President Tinubu’s intent to assemble a reform-driven cabinet.
A long-time ally and financial adviser to the president, Edun was tasked with restoring fiscal discipline, stabilising the exchange rate, and attracting investment into critical sectors of the economy.
