By Rejoice Peterside
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, will lead Nigeria’s delegation to the 2025 World Bank and International Monetary Fund (IMF) Annual Meetings scheduled to open on Monday, October 13, in Washington DC, United States.
Mr. Cardoso, who is serving as the Alternate Governor for Nigeria at the Bretton Woods institutions, is representing the country in place of the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who is reportedly indisposed.
A statement released on Sunday by the Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, confirmed the development, noting that the delegation will also include the Minister of State for Finance, Mrs. Doris Uzoka-Anite.
The World Bank and IMF Annual Meetings bring together central bankers, finance ministers, development partners, private sector executives, and academics to discuss critical global economic issues, financial stability, and international development strategies.
According to the World Bank, highlights of this year’s meetings will include the Development Committee Plenary Session on October 16 and the International Monetary and Financial Committee (IMFC) meeting on October 17.
The week-long event will also feature regional briefings, press conferences, and several high-level fora focused on pressing issues such as debt sustainability, inflation management, global capital flows, and strategies to foster inclusive growth among developing nations.
Nigeria’s participation in the meetings is expected to focus on advancing discussions around economic recovery, fiscal reforms, financial sector stability, and support for developmental programmes aimed at driving growth and reducing poverty in the country.
The 2025 Annual Meetings come at a time when the global economy is grappling with slow growth, rising inflation, and geopolitical uncertainties, challenges that have further strained emerging markets and developing economies.
Mr. Cardoso is expected to engage with other central bank governors and finance ministers on policies that could strengthen Nigeria’s macroeconomic stability and attract foreign investment, in line with President Bola Ahmed Tinubu’s economic reform agenda.
The meetings will conclude on October 19, after which the delegation is expected to brief the President on key outcomes and agreements reached
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