


The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, OFR, CVO, alongside the Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has held a high-level bilateral meeting with the President of the World Bank Group, Mr. Ajay Banga, in Washington, D.C.
The engagement took place during the 2026 IMF/World Bank Spring Meetings and focused on strengthening cooperation between Nigeria and the World Bank Group in support of the country’s ongoing economic reform programme.
Discussions centred on Nigeria’s key investment priorities, fiscal consolidation efforts, and broader economic transformation agenda aimed at sustaining growth and improving macroeconomic stability.
The Nigerian delegation reiterated the Federal Government’s commitment to implementing structural reforms designed to enhance revenue generation, improve public financial management, and attract sustainable private sector investment into critical sectors of the economy.
The World Bank President reportedly expressed continued support for Nigeria’s reform trajectory, noting the importance of policy consistency, transparency, and inclusive growth in achieving long-term economic resilience.
Both sides also explored opportunities to deepen collaboration in areas such as infrastructure development, human capital investment, job creation, and social protection systems targeted at vulnerable populations.
The meeting further underscored the importance of strengthening macroeconomic stability through coordinated fiscal and monetary policy actions, particularly in response to global economic uncertainties and domestic development needs.
At the conclusion of the engagement, both parties reaffirmed their commitment to sustained dialogue and strengthened partnership aimed at delivering tangible economic outcomes for Nigeria’s growth and development agenda.