Finance Minister visits CBN to strengthen fiscal-monetary synergy
by NIyi JACOBS
As Nigeria’s inflation rate slowed to 22.97% in May 2025, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Monday visited the Central Bank of Nigeria (CBN) in Abuja in a renewed effort to strengthen fiscal and monetary policy coordination.
During his meeting with the CBN Governor, Dr. Olayemi Cardoso, discussions centred on ways to consolidate the progress on inflation control and set the stage for sustainable economic growth. Both leaders reviewed the current macroeconomic environment and explored strategies to maintain price stability, attract investment, and stimulate private sector-led growth.
The visit reflects a shared commitment by the fiscal and monetary authorities to work closely in steering the country’s economic recovery. It also signals a unified approach to addressing Nigeria’s complex economic challenges with coordinated policy measures.
The Finance Ministry described the meeting as part of ongoing efforts to harmonise policies that can unlock Nigeria’s growth potential and deliver real value to its citizens.
