Sokoto Operation: FG Reassures Investors, Says Nigeria’s Economy Remain Stable

Sokoto Operation: FG Reassures Investors, Says Nigeria’s Economy Remain Stable

The Federal Government has reassured investors, financial analysts, and international development partners that Nigeria remains peaceful, stable, and economically resilient despite concerns following a joint security operation in Sokoto carried out on Christmas Day.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the assurance in a statement issued on Sunday in Abuja, explaining that the operation—conducted in collaboration with the United States—was a targeted, intelligence-led action aimed solely at terrorist elements threatening national security and economic activities.

“What Nigeria is decisively confronting—alongside trusted international partners—is terrorism,” Edun said, stressing that the context of the operation was essential to understanding its broader economic implications.

He described the Sokoto operation as “precise, intelligence-led, and focused exclusively on terrorist elements that threaten innocent lives, national stability, and economic activity,” adding that the action was designed to strengthen security rather than unsettle financial markets or undermine investor confidence.

“Far from destabilising markets or weakening confidence, such actions strengthen the foundations of peace, protect productive communities, and reinforce the conditions required for sustainable economic growth. Security and economic stability are inseparable; every effort to safeguard Nigerians is, by definition, pro-growth and pro-investment,” the minister said.

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Edun noted that under the leadership of President Bola Ahmed Tinubu, Nigeria has recorded measurable progress in security improvements and economic reforms, reflected in key macroeconomic indicators.

According to him, Nigeria’s GDP grew by 3.98 per cent in Q3 2025, following a strong 4.23 per cent growth in Q2, with expectations of an even stronger performance in Q4 2025. He added that inflation has slowed for the seventh consecutive period and now stands below 15 per cent, attributing the improvement to coordinated fiscal and monetary policies.

The minister said Nigeria’s financial markets remain stable, with both domestic and international debt markets functioning efficiently under prudent fiscal management. He recalled that the country recently secured credit rating upgrades from Moody’s, Fitch, and Standard & Poor’s, describing them as independent validation of the government’s reform agenda.

“We have maintained fiscal discipline, prioritised efficiency, and protected macroeconomic stability, demonstrating resilience in the face of external shocks,” Edun said.

Referring to President Tinubu’s recent national address, Edun stated that the administration’s focus for 2026 is to consolidate gains made in 2025, strengthen economic resilience, and sustain momentum toward inclusive and durable growth.

Assuring local and foreign investors ahead of market reopening on Monday, December 29, 2025, Edun said confidence in Nigeria’s economic direction remains justified.

“As markets reopen, investors can be confident that Nigeria remains reform-driven, stable, and focused on growth. The fundamentals are strengthening, the policy direction is clear, and this administration’s resolve to protect lives and secure prosperity is unwavering,” he said.

He concluded by reaffirming the country’s investment outlook: “Nigeria remains open for business, anchored in peace, and firmly focused on the future.”

Sokoto Operation: FG Reassures Investors, Says Nigeria’s Economy Remain Stable