The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has been elected as the new President of the Nigerian Boxing Federation (NBF).

The announcement came earlier today following the federation’s executive elections, where Edun emerged as the consensus choice to lead the body into a new era of reform and growth.

Edun’s election marks a surprising but strategic move linking sports administration with national economic policy, as the new NBF president is expected to bring his experience in financial management and governance to revitalize Nigerian boxing — from grassroots development to international competitiveness.

Observers say his emergence could attract private sector investment and better funding structures for athletes, facilities, and tournaments across the country.

Further details on the new leadership team and Edun’s immediate plans for the federation are expected to be released soon.

Follow Jocomms for updates and official statements from the Ministry of Finance and the Nigerian Boxing Federation.