Uzodimma, Sanwo-Olu Engage CBN on Growth Strategies

Imo State Governor Hope Uzodimma paid a courtesy visit to the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, in the company of Lagos State Governor Babajide Sanwo-Olu. The meeting focused on enhancing collaborative frameworks to advance economic stability and the well-being of Nigerian citizens.

Governor Uzodimma, who shared details of the engagement on social media, said the discussion centered on ongoing economic programs and potential avenues for strategic cooperation. The aim, he noted, was to ensure that shared commitments continue to foster sustainable growth, macroeconomic stability, and long-term national development.

The visit highlights the growing emphasis on intergovernmental collaboration between state executives and central monetary authorities to align fiscal and economic policies with development objectives. By engaging directly with the CBN, the governors sought to strengthen coordination on initiatives that affect key sectors of the economy, including banking, finance, and investment.

READ ALSO: Tinubu Praises Nigerian Forces for Thwarting Benin Coup

Uzodimma emphasized that such engagements are critical for addressing nationwide economic challenges, promoting policy coherence, and enhancing the effectiveness of government interventions. “Our engagement focused on strengthening collaborative frameworks aimed at advancing the collective well-being of our citizens,” he stated.

The meeting also served as an opportunity for both governors to exchange insights on state-level economic policies and explore ways to complement federal initiatives. Discussions reportedly included avenues to support local industries, boost investment, and ensure that monetary and fiscal policies are effectively implemented across the states.

Economic analysts view the visit as a strategic step toward improving coordination between state governments and the Central Bank, which could positively influence economic planning, inflation control, and investment promotion. Experts suggest that fostering such collaborations can enhance economic resilience and drive development at both regional and national levels.

Governor Sanwo-Olu, who accompanied Uzodimma, highlighted the importance of partnerships in achieving shared economic objectives, noting that close engagement with federal institutions is key to sustaining growth and stability.

The visit underscores the commitment of state executives to work alongside central authorities in shaping policies that directly impact citizens’ welfare and the overall economic trajectory of Nigeria. Both governors emphasized that continued dialogue with the CBN will be essential in ensuring that development strategies remain effective, inclusive, and responsive to emerging challenges.

As Nigeria navigates complex economic dynamics, such intergovernmental collaborations are expected to play a pivotal role in maintaining stability, attracting investment, and fostering sustainable growth nationwide.