- Salutes DSS’ forward-thinking initiatives on national security
BY COBHAM NSA – The Nigeria Governors’ Forum (NGF) has applauded the Central Bank of Nigeria (CBN)’s Strategic partnership with fiscal authorities to drive sustainable economic growth and development in the country.
According to the Forum, such robust engagement is crucial as it underscores the importance of sustained collaboration to safeguard growth and state fiscal sustainability.
The Governors’ position was contained in a three-point communique issued at the end of their fifth meeting in Abuja, and signed by the NGF Chairman and Governor of Kwara State, AbdulRahman AbdulRazaq.
The Communique noted the presentation from CBN Governor, represented by the Deputy Governor (Economic Policy) Dr. Muhammad Sani Abdullahi, on the Bank’s ongoing stabilization efforts to restore price stability and strengthen confidence in the economy.
It 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.”
In expressing strong support for the apex Bank’s ongoing economic stabilization efforts, the Governors’ Forum said continued synergy and partnership with fiscal authorities remain essential tools for safeguarding economic gains and ensuring that states maintain fiscal sustainability.
Similarly, the Governors appreciated the Department of State Security (DSS) for its forward-thinking initiatives while also restating their resolve to deepen intelligence sharing and collaboration with federal security agencies to enhance peace and stability across the states.
On the presentation by Director-General, Department of State Services (DSS), Mr. Adeola Oluwatosin Ajayi, the NGF noted its focused areas of emerging security threats and intelligence-led strategies to strengthen sub-national coordination.
The Communique said, “The briefing focused on countering violent extremism, managing inter-communal tensions, and addressing security risks linked to economic hardship and political transition.”
Also noting that the Reserved Seats for Women Bill (HB 1349) will be voted on between November 4–6, 2025, the Communique said, “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.”
Importantly, the Governors challenged themselves to effectively engage their Senators, Members of the House of Representatives, and State Assemblies to support the Bill’s passage and affirm Nigeria’s commitment to equity and inclusive governance.
On the whole, the NGF’s meeting, which deliberated on crucial issues affecting the country, acknowledged that strategic partnership between monetary and fiscal authorities is pivotal in managing current economic challenges and laying the groundwork for Nigeria’s future prosperity.
