
By Editor Mahmoud Muhammad Abuja
A viral video has surfaced showing staff at the Federal Ministry of Finance celebrating Wale Edun’s removal as Minister of Finance and Coordinating Minister of the Economy with a mock funeral.
The video shows workers signing a condolence register and parading a symbolic coffin with Edun’s picture. This unusual display of celebration has sparked widespread reactions, with some describing it as a sign of staff frustration with Edun’s leadership. ¹ ²
The mock funeral is reportedly linked to Edun’s handling of unpaid contracts, with contractors having protested at the ministry over delayed payments. Edun’s removal comes amid growing pressure on President Bola Tinubu to address economic challenges, including inflation and energy instability. ³ ⁴
Edun had served as Finance Minister since August 2023, tasked with mitigating economic strain from fuel subsidy removal and exchange rate unification. His successor, Taiwo Oyedele, was appointed to take over the finance ministry.
The celebration has raised questions about staff morale and the challenges faced by Edun’s predecessor, including allegations of corruption and mismanagement. Some have credited Edun with supporting reforms that stabilized the Naira, improved foreign reserves, and boosted GDP growth.
However, others have criticized Edun’s tenure, citing weak budget implementation and fiscal challenges. The Association of Indigenous Contractors of Nigeria had protested at the ministry over unpaid contracts, with some alleging sabotage by Edun and his team.
Edun’s removal is part of a broader cabinet reshuffle aimed at strengthening cohesion and service delivery under Tinubu’s Renewed Hope Agenda. The move has sparked speculation about the future of economic policies and reforms in Nigeria.
Would you like to know more about the implications of Edun’s removal or the potential impact on Nigeria’s economy?