Abuja: The Nigeria Governors’ Forum (NGF) has commended the Central Bank of Nigeria (CBN) for the successful implementation of policies aimed at restoring price stability and strengthening confidence in the economy. The commendation was contained in a communiqu© issued at the end of the Forum’s fifth meeting, held in Abuja, the nation’s capital and signed by the NGF Chairman and Governor of Kwara State, AbdulRahman AbdulRazaq.
According to Voice of Nigeria, speaking on behalf of the Chairman, the Governor of Lagos State, Southwest Nigeria, Babajide Sanwo-Olu, stated that the meeting deliberated on ongoing economic stabilization efforts, national security coordination, and legislative initiatives designed to enhance gender representation in governance. The Forum received a presentation from the CBN Governor, represented by the Deputy Governor (Economic Policy), Dr. Muhammad Sani Abdullahi, who briefed members on the Bank’s stabilization measures to curb inflation, unify exchange rate windows, and recapitalize banks.
The Forum also received a briefing from the Director-General of the Department of State Services (DSS), Mr. Adeola Oluwatosin Ajayi, on emerging security threats and intelligence-led strategies to strengthen subnational coordination. Governor Sanwo-Olu noted that discussions focused on countering violent extremism, managing inter-communal tensions, and addressing security risks linked to economic hardship and political transition.
The Forum also discussed ongoing efforts in the national Constitution Review, particularly the Reserved Seats for Women Bill (HB 1349), which is scheduled for voting between November 4 and 6, 2025. The Bill seeks to amend the 1999 Constitution to create special constituencies exclusively contested by women in both the National and State Assemblies as a temporary measure to enhance gender representation.
The meeting, which was attended by several Governors and Deputy Governors, concluded with a reaffirmation of the Forum’s collective resolve to promote macroeconomic stability, national security, and inclusive democratic governance through continuous collaboration with federal institutions and development partners.