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FG, CBN Sign MoU To Institutionalise Fiscal Policy Coordination

  • The Federal Government and the Central Bank of Nigeria signed a memorandum to coordinate policies on inflation, borrowing, debt, liquidity, and foreign exchange management.
  • CBN Governor Olayemi Cardoso said the agreement establishes regular processes for consultation, information sharing, cash management, debt planning, and economic analysis.
  • Finance Minister Taiwo Oyedele said the coordination would not weaken the Central Bank of Nigeria’s independence.
  • The framework supports efforts to reduce inflation sustainably to single digits while balancing inflation control with economic growth.
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  • 67% of the sources lean Left
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Leadership broke the news in Abuja, Nigeria on Friday, September 18, 2026.
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