Nigeria’s economic reform agenda gained renewed momentum on Tuesday as the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, committed to deepening coordination between fiscal and monetary authorities to consolidate macroeconomic stability.
The pledge followed a strategic meeting held at the CBN headquarters in Abuja, which also had in attendance the Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji.
In a statement issued by the Director of Information and Public Relations at the Ministry of Finance, Mohammed Manga, the discussions were centered on enhancing investor confidence, improving revenue mobilisation, and unlocking private sector-led growth.
According to the statement, “the high-level engagement focused on aligning fiscal and monetary policies to sustain macroeconomic stability, strengthen investor confidence, and create an enabling environment for private sector expansion.”
Reaffirming the administration’s commitment to reforms, Edun stressed that closer fiscal-monetary alignment is vital to achieving President Bola Tinubu’s economic transformation programme.
He noted that effective coordination would help contain inflation, drive efficient revenue mobilisation, and channel credit flows to productive sectors of the economy.
The statement described the meeting as a deliberate effort to send “a strong signal of government’s determination to steer the country toward a stable and prosperous economic future for all Nigerians.”
It further acknowledged the complex global and domestic challenges facing the nation but reiterated the government’s resolve to implement bold reforms aimed at unlocking sustainable growth and prosperity.
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