The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, recently met in Abuja to advance ongoing efforts at strengthening coordination between fiscal and monetary authorities.
In a statement issued by its Director, Information and Public Relations, Mohammed Manga. The discussion focused on aligning policy frameworks to ensure macroeconomic stability, boost investor confidence, and support sustainable economic growth. According to him, both leaders reaffirmed their commitment to addressing current economic challenges and advancing President Bola Tinubu’s economic reforms agenda.
The meeting takes place as economic experts and stakeholders increasingly call for better coordination between fiscal and monetary authorities to tackle macroeconomic imbalances and ensure policy consistency. Analysts contend that past policy misalignment has led to foreign exchange market volatility, inflationary pressures, and slow economic growth.
According to the statement, “As Nigeria stands at the threshold of a new era of economic growth and prosperity, today’s meeting marks a significant leap forward. The country is poised to unlock the full potential of its economy, create opportunities for all, and secure a brighter future for generations to come.”
