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Daniel Adaji
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has charged top management staff of the Federal Ministry of Finance to spearhead efforts aimed at accelerating the nation’s economic growth to 7 per cent per annum.
Speaking at the opening of the 2025 Ministerial Performance Management Retreat in Yola on Friday, Edun urged senior officials to take ownership of Nigeria’s fiscal reforms and deliver measurable results aligned with the Renewed Hope Agenda of President Bola Tinubu.
“You are the engine room of policy execution. The performance of this Ministry is, to a large extent, a reflection of your effectiveness,” he said.
While acknowledging recent progress in economic stabilisation, the Minister made clear that the ultimate goal is inclusive, sustained growth.
“The expectations of government and Nigerians are higher than ever,” he said.
The two-day retreat, themed Strengthening Performance Management for Fiscal Stability, brings together Directors and key stakeholders to assess strategic progress and strengthen implementation capacity within the Ministry.
Edun also reaffirmed the President’s commitment to lifting millions out of poverty. “Our target is to accelerate GDP growth to 7 per cent per annum,” he said.
Commending the host state, Edun thanked the Executive Governor of Adamawa, Ahmadu Fintiri, for his support. “We appreciate the strides being made under your leadership,” he said.
In a goodwill message delivered by Deputy Governor Professor Kaletapwa Farauta, Governor Fintiri said, “Adamawa remains committed to national development goals. We are honoured to host this retreat, which speaks to the importance of aligning local governance with federal fiscal reforms.”
Permanent Secretary of the Ministry, Mrs. Lydia Jafiya, stressed the urgency of the retreat’s objectives.
“As we navigate the realities of limited resources, rising public expectations, and the need for efficiency in governance, performance management becomes not only relevant but critical to our fiscal stability and collective success,” she said.
She urged participants to entrench a culture of performance that ensures the Ministry’s operations remain transparent, efficient, and impactful.
The retreat signals a renewed drive by the Ministry of Finance to reposition itself as a catalyst for national development, fiscal discipline, and inclusive economic prosperity.