Edun, Cardoso Vow Tighter Policy Coordination to Stabilise Economy

By Tamunoemi Briggs
August 20, 2025
CBN Building

Nigeria’s fiscal and monetary authorities have pledged closer collaboration to strengthen economic stability and boost investor confidence.

This followed a strategic meeting on Tuesday at the Central Bank of Nigeria (CBN) headquarters in Abuja, attended by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun; CBN Governor, Olayemi Cardoso; and the Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji.

A statement by the Ministry of Finance’s Director of Information and Public Relations, Mohammed Manga, said discussions centred on sustaining macroeconomic stability, unlocking private sector growth, and sending a clear message of policy alignment to investors.

Edun stressed that synchronising fiscal and monetary policy was vital to consolidating President Bola Tinubu’s economic reform agenda. He noted that better coordination would help tame inflation, improve revenue mobilisation, and channel credit to productive sectors of the economy.

“The meeting was designed to demonstrate the government’s determination to work towards a more stable and prosperous economic future for Nigerians,” the statement added.

It also acknowledged that Nigeria continues to face “complex global and domestic challenges,” but reiterated the administration’s commitment to reforms aimed at creating new opportunities for growth and long-term prosperity.

The Beacon NG Newspaper