Investors Will Come Naturally When Economy Is Stable

The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso, has reaffirmed that Nigeria does not need to convince investors to come if the nation sustains strong and predictable macroeconomic policies. Speaking at the bank’s 2025 Executive Seminar, Cardoso emphasized that stability and transparency remain the bedrock of investor confidence.

“Stability is at the core of advancing Nigeria’s policy framework through inflation targeting,” he stated. “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.”

Cardoso highlighted transparency as a key principle under his leadership, declaring that “the era where people had to see the governor or directors for approvals is over.” He also warned against a return to excessive Ways and Means borrowing, describing previous ratios as “frightening” and urging fiscal discipline to maintain the progress achieved over the past two years.

The CBN governor called for collective responsibility in sustaining reforms. “Each of us must play our part to positively influence policy outcomes for the benefit of all Nigerians,” he said, stressing that maintaining credibility in monetary policy would further reinvigorate capital flows and stabilize financial markets.

Also speaking at the event, Minister of State for Finance, Dr. Doris Uzoka-Anite, applauded the collaboration between the fiscal and monetary authorities, noting that both are focused on reducing energy costs and improving business efficiency. “We aim to enhance Nigeria’s competitiveness through lower energy costs, faster business registration, and more efficient government engagement,” she said.

Uzoka-Anite further revealed that Nigeria’s economic hurdles are structural, not cyclical, requiring coordinated fiscal and monetary actions. She announced the Dis-Inflation and Growth Acceleration Strategy (DGAS) — a joint framework by the Ministry of Finance and the CBN — designed to drive sustainable, non-inflationary growth.

“DGAS provides a comprehensive blueprint to ensure long-term productivity and competitiveness, making Nigeria a more attractive destination for investors,” she added.