Nigeria Shines As Cardoso, Uzoka-Anite Lead Economic Talks At G24 Meetings

The G24 meetings in Washington, D.C., on the sidelines of the IMF/World Bank Annual Meetings, attended by the Nigerian delegation led by the Minister of State for Finance, Dr Doris Uzoka-Anite, and the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, signal improving economic prospect...

The meetings provided a platform for discussions on key themes such as domestic resource mobilisation, inflation, and sound macroeconomic policies.

Cardoso, during the meetings, explained that Nigeria’s trade surplus has reached a high of 6% of the nation’s GDP and is projected to hold that level in the near future, crediting the stronger balance of trade to sound macroeconomic policies that are starting to show successful outcomes.

The CBN Governor emphasised the necessity of sustaining sound macroeconomic policies, observing a clear link between structured economic management and positive outcomes like growth and disinflation. Furthermore, he revealed that the apex bank is developing a structure to ensure currency swaps with other nations are mutually beneficial.

Dr Uzoka-Anite’s participation in the meetings underscores the Nigerian government’s commitment to engaging with international financial institutions and stakeholders to drive economic growth and development. Her presence at the G24 meetings demonstrates the government’s proactive approach to fostering economic cooperation and dialogue with global partners.

The meetings mark a significant step forward for Nigeria’s economic growth and development, as the country continues to engage with international financial institutions and stakeholders to drive progress and improve the lives of its citizens.

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TVC previously reported that the Governor of the Central Bank of Nigeria, Olayemi Cardoso, is set to lead Nigeria’s delegation to the 2025 World Bank and International Monetary Fund meeting in Washington, DC, starting Monday.

According to a Sunday statatement signed by Bayo Onanuga, the Special Adviser to the President, Cardoso is attending to replace the indisposed Minister of Finance, Wale Edun.

The statement reads, “Mr Olayemi Cardoso, the Governor of the Central Bank, will lead Nigeria’s delegation to the World Bank and International Monetary Fund Annual Meeting in Washington, DC, which opens on Monday, October 13.