Presidency Confirms Finance Minister Wale Edun Recovering, Debunks Health Rumours

The Presidency has provided an update on the health condition of the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, assuring Nigerians that he is recuperating well and in good spirits.

This clarification comes amid widespread speculation regarding Edun’s health after he was replaced as head of Nigeria’s delegation to the World Bank and International Monetary Fund (IMF) Annual Meetings in Washington, D.C., which began on Monday, October 13.

In a statement on Sunday, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, announced that Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, would lead the delegation in Edun’s stead.

“Cardoso, as the alternate Governor, replaces the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who is indisposed,” the statement read.

Following the announcement, rumours circulated on social media alleging that the minister had suffered a stroke and was flown abroad for treatment. The Presidency has since dismissed the reports as false, confirming that Edun remains in Abuja and is recovering steadily.

Providing further reassurance, Sunday Dare, the Special Adviser to the President on Media and Communications, disclosed via his official X handle that he recently spoke with Edun.

“Moments ago, I got off the phone with Nigeria’s Finance Minister and Coordinating Minister of the Economy, Mr. Wale Edun, in Abuja. Over a bowl of amala, we spoke for a few minutes with assurances he was getting better. I wished him the best of health,” Dare posted.

His statement helped to quell growing public concern over the minister’s wellbeing.

Mr. Edun, a core member of President Bola Tinubu’s economic management team, has played a crucial role in driving the administration’s fiscal and monetary reforms, including measures aimed at stabilising the naira and reviving economic growth.

The Presidency assured Nigerians that the minister is expected to resume his duties fully once he has completely recovered.

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