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Minister, CBN governor parley on strengthening monetary, fiscal policy coordination

Faith Fatima Mohammed by Faith Fatima Mohammed
August 19, 2025
in News
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Minister, CBN governor parley on strengthening monetary, fiscal policy coordination
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The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Tuesday, met with the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, on strengthening monetary and fiscal policy coordination.

The meeting between the two top officials of the Tinubu administration took place at the CBN headquarters in Abuja,

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Sources said the high-level engagement is aimed at enhancing collaboration between the monetary and fiscal authorities, a crucial step towards maintaining macroeconomic stability in the country.

The discussions emphasized the importance of aligning fiscal and monetary policies to build investor confidence and foster private sector growth.

In attendance was the Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, highlighting the multifaceted approach needed for effective economic management.

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at the meeting, Edun reiterated the necessity of close coordination between these two branches of government, particularly in the context of President Bola Tinubu’s ongoing reform agenda.

He underscored that effective alignment is vital for several key objectives, including controlling inflation rates, efficiently mobilizing government revenues, and ensuring that credit is directed to productive sectors of the economy.

The meeting underscores the commitment of the Tinubu government to implement policies that not only stabilize the economy but also create a conducive environment for sustainable growth and development in the private sector.

The dialogue reflects a proactive stance in addressing economic challenges and seizing opportunities for the nation’s financial advance.

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