Abuja, June 16, 2025 — In a bid to shore up economic stability, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and Central Bank of Nigeria Governor, Dr. Olayemi Cardoso, convened at the CBN headquarters today to discuss enhanced coordination between Nigeria’s fiscal and monetary authorities. The meeting, supported by a joint statement from the Ministry of Finance, followed fresh data from the National Bureau of Statistics revealing that headline inflation eased to 22.97 percent in May 2025 .
The gathering focused sharply on crafting a unified macroeconomic direction: synchronising fiscal policy with monetary tools to sustain reductions in inflation, stabilise the exchange rate, and boost investor confidence. Both parties reviewed ongoing reforms and explored joint measures aimed at transforming macroeconomic progress into tangible gains for households and businesses .
This meeting underscores an emerging commitment by the Tinubu‑led administration to foster closer fiscal‑monetary collaboration, addressing concerns over policy disconnects that have historically fuelled volatility in prices and exchange rates . Observers note that unified policy action is crucial to Nigeria’s medium‑ to long‑term economic recovery and resilience.
