The federal government has reassured investors and international partners that Nigeria’s economy remains stable and resilient despite a high-profile joint security operation in Sokoto on Christmas Day.
In a statement released on Monday via X, Finance Minister and Coordinating Minister of the Economy, Wale Edun, described the December 25 operation as a “targeted, intelligence-led action against terrorism,” warning against misinterpreting it as a sign of internal instability.
The airstrikes, carried out by US forces, targeted ISIS-linked camps in Sokoto State, resulting in multiple terrorist deaths, with no reported civilian casualties.
US President Donald Trump hailed the operation as “powerful and deadly” against “ISIS terrorist scum” threatening Christian communities.
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Edun emphasized that “Nigeria is not at war with itself, nor with any nation,” adding that the country is taking decisive action against terrorism in collaboration with trusted international partners.
“Security and economic stability are inseparable; every effort to safeguard Nigerians is, by definition, pro-growth and pro-investment,” the minister said.
He highlighted recent economic gains under President Bola Tinubu, noting the Gross Domestic Product (GDP) growth of 3.98 percent in Q3 2025, following 4.23 percent in Q2, with expectations of stronger performance in Q4.
Inflation has fallen below 15 percent for the seventh consecutive period, reflecting improved price stability.
On financial markets, Edun added that “domestic and international debt markets are stable and functioning efficiently, supported by prudent fiscal management.”
