AWC Economy Desk, February, 2026
The Central Bank of Nigeria (CBN) has taken another step toward strengthening coordinated economic management as its Governor, Mr. Olayemi Cardoso, hosted the Minister of State for Finance, Dr. Doris Nkiruka Uzoka-Anite, and the Group Managing Director of NNPC Limited, Engr. Bashir Bayo Ojulari, alongside senior executives from the Federal Ministry of Finance and NNPC Limited.
The high-level meeting, held last Thursday, February 5, 2026, at the CBN Headquarters in Abuja, focused on deepening collaboration across key economic and energy institutions to support sustainable national development.
Discussions centred on aligning fiscal and monetary policies with sector-specific strategies, particularly in the petroleum industry, which remains critical to government revenue, foreign exchange inflows, and infrastructure financing. Participants underscored the need for seamless coordination between monetary authorities, fiscal managers, and energy sector operators to improve efficiency, stabilise the macroeconomic environment, and unlock long-term growth.
Governor Cardoso emphasised that effective inter-agency cooperation is essential for prudent resource management, improved revenue generation, and the successful execution of strategic infrastructure and energy projects. He noted that closer policy alignment would enhance confidence in the economy and support reforms aimed at strengthening financial stability.
Dr. Uzoka-Anite highlighted the importance of coherent policy frameworks that allow fiscal planning to complement monetary actions, stressing that a unified approach is vital to sustaining economic recovery and driving inclusive growth.
Engr. Ojulari reaffirmed NNPC Limited’s commitment to working closely with economic institutions to optimise the petroleum sector’s contribution to national development, improve transparency, and support investments that deliver long-term value to Nigerians.
The meeting reinforced a shared resolve among the CBN, the Ministry of Finance, and NNPC Limited to maintain continuous engagement and collaboration in advancing Nigeria’s economic and energy sector priorities.
