Nigeria’s Finance Minister and Central Bank Governor Discuss Economic Stability
In a strategic move to strengthen Nigeria’s economic fundamentals, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has held a high-level meeting with the Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, in Abuja. This engagement follows their last meeting on June 17, 2025, and underscores the government’s commitment to deepening coordination between monetary and fiscal authorities.
According to Mohammed Manga, Director of Information and Public Relations at the Ministry of Finance, the meeting aimed to sustain macroeconomic stability, strengthen investor confidence, and unlock private sector growth. The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, also attended the meeting.
Minister Edun emphasized the critical importance of close alignment between fiscal and monetary policy to consolidating President Bola Tinubu’s reform agenda. This alignment is seen as vital in containing inflation, mobilizing revenues efficiently, and ensuring credit flows effectively to productive sectors.
In a statement, the Ministry of Finance described the meeting as a “significant step” towards strengthening Nigeria’s economic fundamentals. “As the Nigerian economy continues to navigate complex global and domestic challenges, this meeting sends a strong signal of the government’s determination to work towards a more stable and prosperous economic future for all Nigerians,” the statement said.
With coordinated policy efforts and a shared vision for economic growth, Nigeria is poised to unlock new opportunities for development and prosperity. The meeting highlights the government’s proactive approach to addressing economic challenges and demonstrates its commitment to driving sustainable growth and development.
In the face of complex global and domestic economic challenges, Nigeria’s government is taking deliberate steps to strengthen the country’s economic fundamentals. By deepening coordination between monetary and fiscal authorities, the government aims to create a more stable and prosperous economic environment for all Nigerians. With the potential to unlock new opportunities for growth and development, this meeting marks an important milestone in Nigeria’s journey towards economic stability and prosperity.
