Edun, Cardoso, Adedeji Convene in Abuja to Bolster Nigeria’s Economic Strategy

Edun, Cardoso, Adedeji Convene in Abuja to Bolster Nigeria’s Economic Strategy

In a pivotal move to strengthen Nigeria’s economic framework, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, met with the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, at the CBN headquarters in Abuja on August 19, 2025. The high-level meeting, which also included the Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, focused on aligning fiscal and monetary policies to drive macroeconomic stability and foster sustainable growth.The strategic discussion, highlighted in a post on the Federal Ministry of Finance’s official X handle, underscored the importance of coordinated efforts between the monetary and fiscal authorities. The meeting aimed to sustain economic stability, boost investor confidence, and unlock private sector potential, aligning with President Bola Tinubu’s broader reform agenda.According to the ministry’s statement, Edun emphasized that “close alignment between fiscal and monetary policy is critical to consolidating President Bola Tinubu’s reform agenda, ensuring inflation is contained, revenues are mobilized efficiently, and credit flows effectively to productive sectors.” The engagement addressed key priorities, including curbing inflation, optimizing revenue collection, and channeling credit to sectors poised for growth.Photos shared on X captured the trio in deep discussion, signaling a collaborative approach to tackling Nigeria’s economic challenges. The inclusion of FIRS Chairman Adedeji highlighted the critical role of revenue mobilization in supporting the government’s fiscal objectives, particularly in light of ongoing efforts to enhance tax compliance and broaden the revenue base.The meeting comes at a time when Nigeria faces persistent economic pressures, including inflationary trends and foreign exchange challenges. The collaboration between Edun, Cardoso, and Adedeji is seen as a proactive step toward addressing these issues, with a focus on creating an enabling environment for private sector growth and investor confidence.As the Tinubu administration continues to roll out its economic reforms, such high-level engagements are expected to play a crucial role in shaping Nigeria’s path to sustainable development. The outcomes of this meeting are anticipated to influence policy decisions in the coming months, with stakeholders eagerly awaiting measurable progress.  

Source: Edun, Cardoso, Adedeji Convene in Abuja to Bolster Nigeria’s Economic Strategy

 - NigerianEye
Invest in US dollars: https://hashflare.io/r/CF2F6691