Nigeria Not at War, FG Assures Investors After Sokoto Security Operation

Taiwo Ajayi
3 Min Read

The Federal Government has moved to calm investor concerns following a recent joint security operation involving Nigerian and United States forces, insisting that the country is not at war and remains economically stable and investment-friendly.

The clarification comes amid enquiries triggered by a targeted security exercise carried out in Sokoto State on Christmas Day, which authorities described as a counter-terrorism action rather than a sign of broader conflict.

In a statement released on Sunday, the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, stressed that Nigeria is neither engaged in internal warfare nor in conflict with any foreign nation. He explained that the operation was a carefully planned, intelligence-driven response aimed solely at neutralising terrorist threats.

“Nigeria is not at war with itself or with any other country,” Edun said. “What the government is confronting, in collaboration with trusted international partners, is terrorism — and that distinction is critical.”

According to the minister, far from discouraging investment, decisive security actions reinforce economic confidence by protecting lives, infrastructure and productive communities. He noted that security remains a fundamental pillar of sustainable economic growth.

Edun highlighted recent economic indicators to underscore Nigeria’s stability, revealing that the economy expanded by 3.98 per cent in the third quarter of 2025, following a stronger 4.23 per cent growth in the second quarter. He added that projections for the fourth quarter remain positive.

He also disclosed that inflation has moderated consistently over seven reporting periods and has now fallen below 15 per cent, reflecting improved price stability and the impact of coordinated fiscal and monetary reforms.

“Our financial system remains resilient,” the minister said. “Both domestic and international debt markets are stable and functioning efficiently, supported by responsible fiscal management.”

He further revealed that Nigeria has secured credit rating upgrades from major international agencies including Moody’s, Fitch and Standard & Poor’s within the past year, describing the improvements as independent validation of the government’s reform-driven economic agenda.

Looking ahead, Edun said the administration’s focus in 2026 will be on consolidating economic gains, strengthening resilience and deepening inclusive growth policies.

He assured investors that as financial markets reopen, Nigeria remains open for business and firmly committed to peace, reform and long-term stability.

“Nigeria is focused, reform-oriented and future-ready,” the statement concluded.

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