Nigeria Shines at G24 Meetings as Uzoka-Anite, Cardoso Lead Economic Talks
Nigeria’s economic team is once again taking the global stage, as the Minister of State for Finance, Dr. Doris Uzoka-Anite, and the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, led the country’s delegation at the ongoing G24 Meetings held on the sidelines of the IMF/World Bank Annual Meetings in Washington D.C.
The high-level discussions, which focused on domestic resource mobilization, inflation control, and sound macroeconomic policies, showcased Nigeria’s renewed commitment to fiscal discipline and global economic collaboration.
Speaking during the session, CBN Governor Olayemi Cardoso revealed that Nigeria’s trade surplus has risen to 6 percent of the nation’s Gross Domestic Product (GDP) — a development he attributed to the government’s consistent pursuit of sound macroeconomic reforms.
“Our balance of trade has improved significantly due to disciplined policy implementation. The surplus, now at 6 percent of GDP, reflects growing stability in our external accounts and progress in our policy direction,” Cardoso stated.
He further emphasized the importance of maintaining macroeconomic stability, noting a strong correlation between responsible policy management, sustained growth, and disinflation. According to him, the apex bank is also developing a framework to strengthen bilateral currency swap arrangements to ensure mutual benefits for Nigeria and its partner nations.
On her part, Dr. Uzoka-Anite reaffirmed the federal government’s determination to engage with international financial institutions and partners to strengthen Nigeria’s fiscal and developmental outlook.
Her participation, the Ministry of Finance noted, highlights the Tinubu administration’s proactive approach to global economic diplomacy — fostering meaningful dialogue, securing international confidence, and positioning Nigeria as a constructive player in global financial governance.
Observers say Nigeria’s visibility and policy consistency at the G24 and IMF/World Bank meetings signal a renewed sense of purpose in the country’s economic management.
As global economies navigate complex challenges, Nigeria’s delegation continues to project confidence in the nation’s economic rebound, buoyed by reforms aimed at stabilizing inflation, boosting exports, and attracting foreign investment.
The Ministry of Finance described the meetings as “a significant step forward in strengthening Nigeria’s economic growth trajectory and improving the lives of its citizens.”
