Nigeria has secured a permanent seat on the Board of the African Central Bank following deliberations at the 39th Session of the Executive Council of the African Union.
In a statement issued by the Ministry of Foreign Affairs, the Federal Government described the development as a major diplomatic milestone that reinforces the country’s leadership role on the continent.
The Minister of Foreign Affairs, Yusuf Tuggar, who signed the statement, said Nigeria also secured representation on the Board of the African Monetary Institute through the Technical Convergence Committee. He noted that the decision to grant Nigeria a permanent seat on the African Central Bank Board underscores its strategic influence in shaping Africa’s financial and monetary architecture.
According to the ministry, the move reflects Nigeria’s technical capacity, economic weight and longstanding commitment to advancing Africa’s monetary integration agenda. Tuggar added that the outcome further consolidates Nigeria’s leadership in promoting economic integration, institutional development and democratic governance across Africa.
On peace and security matters, the statement revealed that candidates jointly endorsed by the Economic Community of West African States were successfully elected into the AU Peace and Security Council. The government described the development as evidence of strong cohesion and unity among ECOWAS member states, as well as their shared commitment to regional stability and collective security.
Nigeria also hosted a Ministerial High Level Panel Discussion on Regional Partnerships for Democracy on the sidelines of the summit. The session attracted ministers, senior officials and delegates from across Africa and the international community, facilitating dialogue on strengthening democratic institutions, inclusive governance and collaborative regional approaches.
The Federal Government reaffirmed its commitment to the AU’s objectives, including economic integration, peace, security and sustainable development, pledging continued collaboration with member states to advance shared prosperity across the continent.
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