The Nigeria Governors’ Forum (NGF) has praised the Central Bank of Nigeria (CBN) for implementing policies aimed at restoring price stability and strengthening economic confidence.
In a communiqué issued at the end of its fifth meeting in Abuja, signed by the NGF Chairman and Governor of Kwara State, AbdulRahman AbdulRazaq, the Forum acknowledged the CBN’s coordinated efforts with fiscal authorities to curb inflation, unify exchange rates, and recapitalise banks.
Speaking on behalf of the Chairman, Lagos State Governor Babajide Sanwo-Olu said the meeting deliberated on economic stabilisation, national security coordination, and legislative initiatives promoting gender inclusion in governance.
CBN Governor, represented by the Deputy Governor (Economic Policy), Dr Muhammad Sani Abdullahi, briefed members on ongoing reforms. The communiqué noted that the governors commended the Bank’s collaborative approach and stressed the need for sustained policy coordination to ensure fiscal stability at both national and state levels.
The Forum also received a briefing from the Director-General of the Department of State Services (DSS), Adeola Oluwatosin Ajayi, on emerging security threats. Discussions centred on countering violent extremism, managing communal tensions, and addressing risks tied to economic hardship and political transition.
Governors expressed appreciation to the DSS for its proactive engagement and pledged continued cooperation with federal security agencies to enhance peace and stability across the states.
On gender representation, the Forum discussed the Reserved Seats for Women Bill (HB 1349), scheduled for voting between 4 and 6 November 2025, which seeks to amend the Constitution to create special constituencies for women in the National and State Assemblies.
The communiqué urged governors to mobilise support for the bill among legislators to affirm Nigeria’s commitment to equity and inclusive governance.
The meeting concluded with a reaffirmation of the NGF’s commitment to promoting macroeconomic stability, national security, and inclusive democratic governance through collaboration with federal institutions and development partners.
