The Nigeria Governors’ Forum (NGF) has been briefed by the Central Bank of Nigeria (CBN) and the Department of State Services (DSS) on emerging security threats and the country’s efforts to achieve macroeconomic stability.
Briefing newsmen at the end of its 5th meeting, on behalf of the NGF Chairman, Governor AbdulRahman AbdulRazaq, the Lagos State governor, Babajide Sanwo-Olu, disclosed that the governors deliberated on crucial issues affecting the country.
He said that the presentation from the Deputy Governor (Economic Policy), Dr. Muhammad Sani Abdullah, on behalf of the CBN Governor, Yemi Cardoso, guided the governors about the Bank’s efforts to restore price stability and strengthen confidence in the economy.
Sanwo-Olu said, “The briefing highlighted recent policy measures, including the tightening of monetary policy, unification of exchange rate windows, and recapitalisation of banks, to curb inflation, enhance liquidity management, and consolidate macroeconomic stability.
“Governors commended the CBN’s coordinated approach with fiscal authorities and underscored the importance of sustained collaboration to safeguard growth and state fiscal sustainability.”
On the issue of security scares in some parts of the country, the Lagos State governor said that, based on the presentation from the Director-General of the DSS, Mr. Adeola Oluwatosin Ajayi, the NGF exchanged ideas on emerging security threats and intelligence-led strategies to strengthen subnational coordination.
“The briefing,” he stated, “focused on countering violent extremism, managing inter-communal tensions, and addressing security risks linked to economic hardship and political transition.
“Governors expressed appreciation to the DSS for its proactive engagement and reiterated their commitment to deepen intelligence sharing and collaboration with federal security agencies to enhance peace and stability across the states.”
Meanwhile, the governors agreed to support the state Houses of Assembly in their respective states in passing the bill on the reservation of seats for women in the House of Representatives, to show Nigeria’s commitment to equity and inclusive governance.
Governor Sanwo-Olu said the NGF noted that the Reserved Seats for Women Bill (HB1349) will be voted on between November 4–6, 2025, stressing that the Bill, which seeks to amend the 1999 Constitution, will create special constituencies exclusively contested by women in the National and State Assemblies.
The move is expected to serve as a temporary measure to enhance gender representation, even as state governors were urged to engage their Senators, Members of the House of Representatives, and State Assemblies to support the Bill’s passage.
