The nation’s key economic leaders — Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso; Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; and Minister of Budget and Economic Planning, Alhaji Abubakar Atiku Bagudu — held a high-level meeting on Tuesday at the CBN headquarters in Abuja to deliberate on strategies for stabilizing and revitalizing Nigeria’s economy.
The strategic engagement focused on strengthening coordination between fiscal and monetary authorities to ensure effective policy alignment in managing inflation, exchange rate fluctuations, and overall macroeconomic performance.
Speaking during the visit, CBN Governor Mr. Olayemi Cardoso emphasized that sustained collaboration between the nation’s financial and fiscal institutions is critical to achieving the Tinubu administration’s economic objectives. He reaffirmed the apex bank’s commitment to ensuring monetary stability, fostering investor confidence, and driving long-term economic growth.
Finance Minister and Coordinating Minister of the Economy, Mr. Wale Edun, noted that fiscal reforms are already underway to enhance revenue generation, curb waste, and promote transparency in public finance management. He stressed that harmonizing fiscal and monetary policies will help restore balance to the economy and accelerate inclusive growth.
Also present, the Minister of Budget and Economic Planning, Alhaji Atiku Bagudu, underscored the importance of data-driven planning and effective budget implementation to achieve measurable impact in critical sectors. He commended the CBN’s ongoing reforms to improve liquidity and support key industries essential to job creation and productivity.
The meeting, which comes amid Nigeria’s ongoing efforts to stabilize the naira and sustain economic reforms, reflects a renewed sense of policy coordination among key economic managers. Analysts view the engagement as a positive signal to investors and the business community that the government is united in addressing the country’s macroeconomic challenges.
CBN Governor Olayemi Cardoso, Finance Minister Wale Edun, and Budget Minister Atiku Bagudu meet in Abuja to align fiscal and monetary policies for Nigeria’s economic stability and growth.
