CBN stresses fiscal-monetary Sync for Nigeria’s economic resilience

Abdullateef Fowewe

Governor of the Central Bank of Nigeria, Olayemi Cardoso has emphasised the need for coordinated efforts across public institutions to restore long-term economic confidence, sharing insights from a key meeting on fiscal-monetary alignment.

In a post on X, Cardoso highlighted the year’s early focus, “The year opened with a clear emphasis on coordination and the restoration of long-term confidence.

At the Central Bank of Nigeria, we recognise that macroeconomic stability is not achieved through isolated measures, but through institutions working in deliberate alignment.”

He detailed discussions with top officials, stating, “I met with the Honourable Minister of State for Finance, Dr Doris Uzoka-Anite, alongside the Chairman of the Nigerian Revenue Service, Dr. Zacch Adedeji, for discussions on fiscal-monetary coordination.”

Cardoso underscored the ongoing priority, “As reforms advance, sustained institutional alignment remains critical to credible implementation and the outcomes required to support Nigeria’s long-term economic resilience.”