- As latest update emerges on his health status
Amid growing anxiety and speculations in the public space, the Presidency has given an update on the health condition of the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, with the assurance to Nigerians that he was recovering well.
The latest update comes on the heels of the statement released on Sunday night that Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso will replaced Edun as the leader of Nigeria team to the World Bank and International Monetary Fund (IMF) Annual Meeting in Washington DC, which opens on Monday, October 13, 2025.
Special Adviser to the President on Information and Strategy, Bayo Onanuga, had in the statement said, “Cardoso, as the alternate Governor, replaces the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, who is indisposed.”
With the Presidency dismissing speculations that Mr. Edun, a key member of President Tinubu’s economic team, had suffered from stroke and flown abroad for urgent medical treatment, information available on Monday indicated that the Minister is recuperating in his Abuja residence.
Writing on his official X handle, Special Adviser to the President on Media and Communications, Sunday Dare, disclosed having a phone conversation with the Minister who clearly appeared to be in very high spirits.
According to the Presidential Aide, “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.”
Against the backdrop of growing public concern about the Minister’s health condition in recent days, Dare’s post seemed to have doused the tension among his admirers and well-wishers even as close family members have remained silent on the development.
Positioned as a leading light in President Bola Tinubu’s Economic Team, Edun is seen as a key driving force behind the administration’s fiscal reforms, including coordination of monetary and economic policy measures aimed at stabilising the Naira and stimulating growth in the nation’s economy.
