CBN governor stresses transparency, discipline, and reform momentum at 2025 Executive Seminar….
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says Nigeria will naturally attract investors if it maintains sound macroeconomic fundamentals, policy stability, and transparency.
Speaking at the CBN 2025 Executive Seminar, Cardoso emphasized that investor confidence thrives on predictability and credible inflation targeting, not persuasion.
“Stability is at the core of advancing Nigeria’s policy framework through inflation targeting,” he said. “A credible inflation targeting regime enhances predictability, anchors long-term investments, and encourages investors to come naturally. You don’t need to beg anyone to invest.”
“No More Gatekeeping” — Cardoso on Transparency
The CBN governor reiterated his administration’s commitment to accountability and openness, stressing that access to the apex bank no longer depends on personal connections.
“The era where people had to see the governor or directors for approvals is over,” he declared. “We’re building a system driven by process, not privilege.”
Cardoso also warned against the country’s past overreliance on Ways and Means advances short-term loans from the CBN to the Federal Government describing it as fiscally unsustainable.
“The frightening Ways and Means to GDP ratios should never recur,” he cautioned. “We must protect the stability achieved over the past two and a half years by consolidating reforms that strengthen capital flows, safeguard financial markets, and build investor trust.”
He called on both public and private sector stakeholders to take collective ownership of reform outcomes, adding, “Each of us must play our part to positively influence policy outcomes for the benefit of all Nigerians.”
Finance Ministry Backs Monetary Reforms
In her remarks, the Minister of State for Finance, Doris Uzoka-Anite, commended the improved collaboration between fiscal and monetary authorities, noting that a united policy front is vital for sustainable growth.
“We aim to improve Nigeria’s competitiveness through lower energy costs, faster business registration, and efficient government engagement,” she said.
Uzoka-Anite explained that Nigeria’s economic challenges are structural rather than cyclical, requiring coordinated fiscal and monetary interventions.
She revealed that the Ministry of Finance and the CBN have co-created the Dis-Inflation and Growth Acceleration Strategy (DGAS), a policy blueprint to restore macroeconomic stability and drive inclusive growth.
“DGAS provides a comprehensive framework for non-inflationary growth and structural transformation, ensuring Nigeria remains attractive for investors,” the Minister added.
Reforms Anchored on Stability
Analysts at the seminar agreed that maintaining low inflation, fiscal discipline, and policy credibility will be critical to Nigeria’s efforts to rebuild investor confidence and attract sustainable capital inflows.
The CBN governor reaffirmed his commitment to policies that promote macroeconomic stability, transparency, and accountability, saying the reforms underway are essential to ensuring that “Nigeria’s economy works for all.”
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