The governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, will lead Nigeria’s delegation to the 2025 Annual Meetings of the World Bank and International Monetary Fund (IMF) scheduled to begin on October 13 in Washington, D.C.
Presidential spokesperson, Mr. Bayo Onanuga, disclosed this in a statement issued on Sunday in Abuja. He said Cardoso, who serves as Nigeria’s alternate governor at the Bretton Woods institutions, will stand in for the minister of finance and coordinating minister of the economy, Mr. Wale Edun, who is currently indisposed.
Also on the delegation is the minister of state for finance, Dr. Doris Uzoka-Anite, alongside senior government officials from key economic institutions.
According to the World Bank’s schedule, the major sessions at this year’s meetings include the Development Committee Plenary on October 16 and the IMF’s International Monetary and Financial Committee meeting on October 17. Other key events will feature regional briefings, press conferences, and policy dialogues on global development, the world economy, and international financial markets.
Edun, who was appointed by President Bola Tinubu on August 21, 2023, as minister of finance and coordinating minister of the economy, has been a central figure in Nigeria’s fiscal policy and reform agenda. His professional relationship with President Tinubu dates back to the Lagos State administration, where he served as Commissioner for Finance between 1999 and 2004.
Since assuming his federal portfolio, Edun has overseen fiscal planning, budget coordination, and reforms across Nigeria’s financial institutions. His temporary absence, sources said, could slightly affect the pace of ongoing fiscal reforms and 2026 budget preparations.
Despite his health concerns, Edun was recently involved in budget discussions with the Senate on Thursday, underscoring his continued engagement in Nigeria’s economic management.
