Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has underscored the necessity of a stronger partnership between fiscal authorities and the Central Bank of Nigeria (CBN) to combat the nation’s rising inflation.
In a statement issued by his Director of Information and Public Relations, Mr. Mohammed Manga, the minister shared his insights during the “Renewed Hope Agenda” workshop, a two-day event held in Abuja.
The workshop, organised by the Ministry of Finance in collaboration with the CBN, was designed to enhance the Federal Government’s technical capabilities in implementing essential macroeconomic, fiscal, and monetary strategies aimed at propelling Nigeria’s future development.
During his presentation on “Critical Priorities in Macroeconomic and Fiscal Policy Coordination,” Mr. Edun addressed Nigeria’s current economic challenges and introduced reform initiatives intended to drive economic recovery and growth, aligned with President Bola Ahmed Tinubu’s agenda.
He highlighted the importance of coordinating fiscal and monetary policies to rein in inflation, improve the investment landscape, and foster long-term economic resilience.
Mr. Edun stressed that only through an integrated approach could the government achieve sustained economic stability and growth, critical for the country’s development trajectory.
