Nigeria is set to participate in the upcoming World Bank and International Monetary Fund (IMF) annual meeting in Washington, DC, United States, with Central Bank Governor, Olayemi Cardoso, leading the country’s delegation. This development was announced in a statement by the Special Adviser to President Tinubu on Information and Strategy, Bayo Onanuga.

According to the statement, the Minister of Finance, Wale Edun, who would have typically led the delegation, is currently indisposed. As a result, Governor Cardoso will represent Nigeria at the high-profile gathering. The World Bank and IMF annual meeting brings together financial leaders and policymakers from around the world to discuss global economic issues and formulate strategies for addressing them.

The meeting provides a platform for countries to engage with international financial institutions and other nations on matters of economic cooperation, development, and stability. Nigeria’s participation in the meeting is significant, given the country’s ongoing efforts to strengthen its economy and address various development challenges.

Governor Cardoso’s leadership of the Nigerian delegation is expected to facilitate meaningful engagement with other participants and help to advance the country’s economic interests. The Central Bank of Nigeria (CBN) plays a crucial role in shaping the country’s monetary policy and promoting financial stability, and Governor Cardoso’s experience and expertise will be valuable assets in representing Nigeria at the meeting.

Further details about Nigeria’s delegation and its objectives for the meeting are expected to be announced shortly. The World Bank and IMF annual meeting is a key event in the global economic calendar, and Nigeria’s participation is an important opportunity for the country to connect with the international financial community and contribute to discussions on global economic issues.