Speaking at the conclusion of the 2025 IMF and World Bank Spring Meetings in Washington, D.C. yesterday, Edun said despite the challenging global environment marked by high debt, rising interest rates, and geopolitical tensions, Nigeria remains firm on the path of reform, stability, and growth.
‘’We are focused on creating sustainable jobs for young Nigerians, supported by investment in critical infrastructure such as digital connectivity, access to data, and fibre optic networks.
‘’By crowding in the private sector and driving domestic revenue mobilisation, we are stabilizing the economy and creating an environment where businesses can thrive,’’ Edun stated.
The Minister also reaffirmed that the government’s economic strategy, anchored by President Bola Ahmed Tinubu’s administration, is delivering results,with international partners acknowledging Nigeria’s policy direction.
‘’At both the IMF and World Bank, Nigeria’s reform programme — spanning fiscal, monetary, and structural policies — has been recognized as being on the right track, despite global uncertainty, Nigeria is poised for resilient, inclusive growth,’’ he added, while explaining government’s pragmatic approach to fiscal planning:
‘’A budget is a statement of intent; it must be continually recalibrated to reflect on-ground realities and available resources.
On his part, Central Bank Governor, Olayemi Cardoso echoed these sentiments, noting the CBN’s firm commitment to reducing inflation sustainably:
‘’Inflation remains the most disruptive force against the economic welfare of Nigerians. Our focus is to bring it down to single digits over the medium term,* Cardoso said.
Highlighting growing investor confidence, Cardoso referenced Nigeria’s recent high-level investment forum at the Nasdaq Market Site in New York, showcasing the country’s reform momentum and rising interest from global investors and the diaspora.
