The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Thursday, assured investors that the Federal Government would not reverse its ongoing economic reforms, insisting that policy consistency would remain central to Nigeria’s economic management.
The position was contained in a press statement signed by the Head of Information and Public Relations at the Federal Ministry of Finance, Efe Ovuakporie.
Speaking at the launch of the Nigerian Economic Summit Group Private Sector Outlook 2026 in Lagos, Oyedele said, “We are not looking back,” stressing that consistency in policy direction remains critical to investor confidence.
He warned that mixed signals or abrupt reversals could undermine progress, noting that “businesses need to know that today’s decisions will still hold tomorrow.”
The minister’s remarks came barely 48 hours after he assumed office, following the exit of the immediate past Minister of Finance, Wale Edun, from the Federal Executive Council.
According to him, the administration is moving from a stabilisation phase to one focused on measurable growth, where reforms would be assessed based on outcomes rather than intentions.
While pointing to early signs of macroeconomic stabilisation, including a more aligned exchange rate and improved revenue performance, Oyedele said such gains must translate into tangible outcomes such as job creation, productivity growth and improved living standards.
