Sokoto airstrikes: Nigeria not at war, economy stable – FG

The Federal Government has reassured investors and international partners that Nigeria remains economically stable and is not at war.

The clarification followed a joint security operation conducted by Nigerian and United States forces in Sokoto on Christmas Day.

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the assurance in a statement issued in Abuja on Sunday amid concerns over the possible market and economic implications of the operation.

Edun said the targeted operation was part of Nigeria’s ongoing fight against terrorism and should not be misconstrued as internal conflict or hostility towards any country.

According to the minister, the action was intelligence-driven and aimed solely at terrorist elements threatening lives, national stability and economic activity.

He said Nigeria has continued to record measurable progress in both security and economic reforms under President Bola Ahmed Tinubu, adding that this progress is reflected in recent macroeconomic indicators.

Edun disclosed that Nigeria’s Gross Domestic Product grew by 3.98 per cent in the third quarter of 2025, following a stronger 4.23 per cent growth in the second quarter, with expectations of an improved performance in the fourth quarter.

He added that inflation has declined for the seventh consecutive period and is now below 15 per cent, indicating improved price stability.

The finance minister also said Nigeria’s financial markets remain resilient, with domestic and international debt markets operating efficiently due to prudent fiscal management.

“In light of recent enquiries following the targeted joint security operation by Nigeria and the US conducted in Sokoto on Christmas Day, I wish to reassure investors, analysts, and our multilateral partners that Nigeria is not at war with itself, nor with any nation.

“What Nigeria is decisively confronting—alongside trusted international partners—is terrorism. This distinction is important, and it is fundamental to understanding the positive economic implications of recent actions,” parts of the statement read.