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, have pledged closer coordination between fiscal and monetary authorities to strengthen Nigeria’s economic stability.
The commitment was made during a strategic meeting on Tuesday at the CBN headquarters in Abuja. Also in attendance was the Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji.
According to a statement issued by the Director of Information and Public Relations at the Ministry of Finance, Mohammed Manga, discussions focused on sustaining macroeconomic stability, bolstering investor confidence, and unlocking private sector growth.
“The high-level engagement focused on deepening coordination between monetary and fiscal authorities to sustain macroeconomic stability, strengthen investor confidence, and unlock private sector growth,” the statement said.
Edun reaffirmed that aligning fiscal and monetary policies is central to President Bola Tinubu’s economic reform programme. He stressed that such coordination is vital to containing inflation, mobilising revenues effectively, and ensuring credit flows into productive sectors of the economy.
