Tinubu Confirms Wale Edun’s indisposition, appoints Cardoso to lead Nigeria’s delegation to World Bank-IMF meetings

The official statement confirming Edun’s indisposition follows earlier reports that the finance minister was flown abroad for emergency medical treatment after suffering a stroke. According to multiple sources, the minister’s condition is serious, with reports of partial paralysis. Edun, one of Tinubu’s long-time allies and trusted economic advisers in his crafty cronyism, was appointed Minister of Finance and Coordinating Minister of the Economy in August 2023. He previously served as Commissioner for Finance in Lagos State from 1999 to 2004 during Tinubu’s tenure as governor. Since assuming office, Edun has overseen major fiscal policy initiatives, including the impractical unification of Nigeria’s foreign exchange windows, phasing out of fuel subsidies which is the economy major bane, and coordination of national budget reforms. His sudden illness, coming just days after himself announcing the bogus N25000 palliative measure and participating in budget discussions with the National Assembly, has raised concerns about continuity in the government’s ongoing ironic fiscal and economic reform agenda.