At the conclusion of the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group over the weekend, the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, said the global engagements offered Nigeria a crucial platform to showcase the progress being recorded under its ongoing economic reform agenda.
Mr. Cardoso, who led the Nigerian delegation, said the meetings reaffirmed the country’s commitment to inclusive growth, fiscal discipline, and macroeconomic stability, while strengthening confidence among international partners and investors.
Speaking at the Nigerian press briefing to close the meetings, Governor Cardoso appeared alongside the Minister of State for Finance, Dr. Doris Uzoka-Anite, where both officials emphasised the robust alignment between Nigeria’s monetary and fiscal authorities in sustaining current economic stabilisation efforts.
Cardoso noted that there is now widening recognition within the global financial community that Nigeria’s reforms are beginning to yield observable results.
“There is broad recognition that Nigeria’s reforms are delivering results: inflation is moderating, the exchange rate has stabilised, and investor confidence is returning,” he said.
Highlighting the resolve underpinning the reform journey, Cardoso described Nigeria’s economic path as one shaped by determination and strategic adjustment.
“Our story is one of resilience: of a nation aligning courage with conviction to build a more competitive, innovative, and inclusive economy,” he stated.
Dr. Uzoka-Anite echoed the Governor’s remarks, affirming that fiscal measures remain on track to support sustainable revenue growth, social investment, and improved public financial management.
The Nigerian delegation held engagements with global development partners, private investors, multilateral institutions, and emerging markets policymakers during the week-long meetings, reinforcing cooperation on development financing, private sector mobilisation, and long-term economic competitiveness.
The 2025 Annual Meetings brought together finance ministers, central bank governors, development agencies, and global economic leaders to discuss pathways for economic resilience, debt sustainability, digital transformation, and climate-responsive development across emerging and developing economies.
