The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called on the top management of the Federal Ministry of Finance to redouble their efforts in advancing Nigeria’s economic growth and ensuring fiscal stability in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.
The minister made the call during the opening of the 2025 Ministerial Performance Management Retreat held in Yola, Adamawa State. The two-day retreat, themed “Strengthening Performance Management for Fiscal Stability,” brought together directors, permanent secretaries, and senior officials of the Ministry to evaluate strategic priorities and sharpen institutional delivery.
While declaring the retreat open at the Government House Banquet Hall, Edun emphasized the critical role of top-level leadership in translating the government’s economic blueprint into measurable outcomes. He urged participants to take full ownership of performance management as a vehicle for achieving macroeconomic goals.
“The expectations of the government and the Nigerian people have never been higher,” Edun said. “You are the engine room of policy execution. The performance of this Ministry is, to a large extent, a reflection of your effectiveness, and we must all rise to this challenge.”
He noted that while macroeconomic stability has been largely restored, the administration’s target is now focused on accelerating GDP growth to at least seven percent annually, creating jobs, and lifting millions out of poverty. The Minister reiterated that a productive and transparent fiscal system is the bedrock of inclusive economic development.
Edun also used the opportunity to express his gratitude to the Governor of Adamawa State, Rt. Hon. Ahmadu Umaru Fintiri, for hosting the retreat. In a goodwill message delivered by the Deputy Governor, Professor Kaletapwa Farauta, the Adamawa State Government reaffirmed its commitment to collaborating with the federal government to align fiscal strategies and drive national development.
Speaking earlier, the Permanent Secretary of the Ministry of Finance, Mrs. Lydia Shehu Jafiya, highlighted the importance of institutionalizing a performance-driven culture within the Ministry. She called for renewed dedication among staff to uphold the Ministry’s mandate of managing national resources with openness, accountability, and transparency.
The retreat served as a strategic platform for senior officials to reflect on the ministry’s accomplishments and challenges, while charting a more results-oriented approach to fiscal governance. Discussions focused on enhancing budget performance, revenue generation, debt sustainability, and implementation of reforms that support Nigeria’s economic recovery.
The event comes at a critical time as the federal government intensifies efforts to consolidate macroeconomic gains, attract investment, and expand social spending to support vulnerable populations.
Mr. Edun’s charge is expected to re-energize the leadership of the Ministry of Finance as it continues to play a central role in shaping policies and driving reforms that underpin Nigeria’s long-term prosperity.
