Governors Back CBN’s Reforms, Security Collaboration, Women Bill

The Nigeria Governors’ Forum (NGF) has expressed support for the Central Bank of Nigeria’s (CBN) ongoing stabilisation efforts aimed at restoring price stability and strengthening confidence in the economy.

In a communiqué issued at the end of its 5th meeting held on Thursday night, the Forum said the briefing from the CBN Governor, represented by the Deputy Governor (Economic Policy), Dr. Muhammad Sani Abdullahi, 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.

The governors commended the CBN’s coordinated approach with fiscal authorities and underscored the importance of sustained collaboration to safeguard growth and state fiscal sustainability.

The communiqué, signed by the chairman of the Forum and governor of Kwara State, AbdulRahman AbdulRazaq, stated that the governors also received a presentation 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.

According to the communiqué, the DSS briefing focused on countering violent extremism, managing inter-communal tensions, and addressing security risks linked to economic hardship and political transition.

The 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.

The Forum further noted that the Reserved Seats for Women Bill (HB 1349) will be voted on between November 4 and 6, 2025.

The Bill seeks to amend the 1999 Constitution to create special constituencies exclusively contested by women in the National and State Assemblies as a temporary measure to enhance gender representation.

Governors were urged to engage their Senators, Members of the House of Representatives, and State Assemblies to support the Bill’s passage and affirm Nigeria’s commitment to gender equity and inclusive governance.