Just In: Tinubu Holds 'Crucial Meeting' With 3 Ministers, CBN Governor, 1 Other, 'Renewed Hope'

Just In: Tinubu Holds 'Crucial Meeting' With 3 Ministers, CBN Governor, 1 Other, 'Renewed Hope'

  • President Bola Ahmed Tinubu met with key members of his fiscal and economic management team at the State House, Abuja
  • The CBN governor, three ministers, and FIRS boss, Zacch Adedeji, attended the private meeting
  • Amid economic hardship, Tinubu appears determined to achieve his 'Renewed Hope' agenda, which his administration calls 'a transformative policy thrust'

Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering public affairs and governance in Nigeria.

FCT, Abuja - Amid his pursuit of the 'Renewed Hope' agenda, President Bola Tinubu met with the finance and economic team on Tuesday, July 22, as they prepare for the upcoming tax reforms.

As reported by This Day, President Tinubu engaged in a crucial closed-door meeting with major economic and financial authorities at the Presidential Villa in Abuja.

Tinubu in closed-door meeting with ministers and CBN governor amid hardship in Nigeria.
Tinubu in closed-door meeting with Wale Edun, Senator Atiku Bagudu, Ekperikpe Ekpo, CBN governor Yemi Cardoso, and FIRS boss. Photo credit: Asiwaju Bola Ahmed Tinubu
Source: Facebook

Arise News also noted the development.

Present at the meeting were: minister of finance and coordinating minister for the economy, Wale Edun; minister of budget and economic planning, Senator Atiku Bagudu; minister of state for petroleum (gas), Ekperikpe Ekpo; governor of the Central Bank of Nigeria (CBN), Yemi Cardoso; and Zacch Adedeji, the chairman of the Federal Inland Revenue Service (FIRS).

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Tinubu's govt assesses Nigeria's economy

Although the agenda of the meeting was not made public, the CBN governor is expected to brief the president on updates from the apex bank on the country’s monetary and fiscal policy outlook, amid ongoing efforts to stabilise the naira and control inflation.

FIRS boss, Adedeji, on his part, is expected to brief President Tinubu on the roadmap for the implementation of the four new tax laws recently signed by the Nigerian leader, which are scheduled to come into effect from January 2026.

In the same vein, Messrs Edun and Bagudu would present reports on macro-economic indicators, budget implementation status, and projections for the second half of the year.

Tinubu in private meeting with top government officials in Abuja over Nigeria's economy.
Tinubu meets finance minister, Yemi Cardoso, and others, in bid to advance Nigeria's economy. Photo credit: @officialABAT
Source: Twitter

The meeting was held amid continued scrutiny of the administration’s economic reforms, revenue mobilisation strategies, and efforts to attract investment into the oil and gas sector.

Importance of fiscal, economic team

Legit.ng reports that a fiscal and economic management team is crucial for a country's prosperity.

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This team plays a vital role in shaping a country's economic trajectory by formulating and implementing sound fiscal policies, managing public finances, and ensuring overall economic stability.

A competent and well-functioning fiscal and economic management team is essential for navigating the complexities of a modern economy, ensuring stability, promoting growth, and achieving broader social and economic objectives.

Read more on Tinubu's 'Renewed Hope' agenda:

Tinubu meets PDP senators in Abuja

Earlier, Legit.ng reported that President Tinubu met with three Peoples Democratic Party (PDP) senators in Abuja.

The federal lawmakers from Kebbi state — senators Adamu Aliero, Yahaya Abdullahi, and Garba Maidola — met with the Nigerian leader at the presidential villa.

Read also

Tinubu gets major support over Peter Obi ahead of 2027 election, "historical loyalties"

Bayo Onanuga, the special adviser to President Tinubu on information and strategy, shared photos of the meeting on his verified X (formerly Twitter) page.

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Source: Legit.ng

Authors:
Ridwan Adeola avatar

Ridwan Adeola (Current Affairs Editor) Ridwan Adeola Yusuf is a content creator with more than nine years of experience, He is also a Current Affairs Editor at Legit.ng. He holds a Higher National Diploma in Mass Communication from the Polytechnic Ibadan, Oyo State (2014). Ridwan previously worked at Africa Check, contributing to fact-checking research works within the organisation. He is an active member of the Academic Excellence Initiative (AEI). In March 2024, Ridwan completed the full Google News Initiative Lab workshop and his effort was recognised with a Certificate of Completion. Email: ridwan.adeola@corp.legit.ng.