Finance Minister Wale Edun Collaborates with CBN Governor and EFCC Chairman in High-Stakes Meeting to Stabilize National Currency

The Finance Minister and Coordinating Minister for the Economy, Mr. Wale Edun, yesterday met with CBN Governor Olayemi Cardoso and Economic and EFCC Chairman Ola Olukoyede to strategise on stabilising the beleaguered currency.

The Federal Ministry of Finance in a terse statement said: “This afternoon at Finance HQ, HM Finance & Coordinating Minister for the Economy, Wale Edun, EFCC Chairman Ola Olukoyede and CBN Governor Olayemi Cardoso , engaged in a strategic discussion focused on enhancing the efficiency of our financial system and stabilising the Naira.

“The meeting highlighted our continuous efforts in aligning monetary and fiscal policies, underscored by a commitment to the rule of law.

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“The EFCC Chairman reaffirmed the Commission’s support for these initiatives, emphasising his dedication to enhancing the integrity of financial regulations.”

This meeting comes amidst efforts to bridge the gap between the official and black market exchange rates, including this week’s EFCC raids on unauthorised foreign exchange operators.