Governors Back Central Bank’s Economic Stabilisation Efforts
By Patience Ikpeme
The Nigeria Governors’ Forum (NGF) at its 5th meeting, held on Thursday, October 23, 2025, received a briefing on the Central Bank of Nigeria’s (CBN) ongoing strategy to restore price stability and build confidence in the economy.
The Deputy Governor for Economic Policy, Dr. Muhammad Sani Abdullahi, delivered the presentation on behalf of the CBN Governor.
The report covered recent policy actions designed to combat inflation, improve liquidity management, and solidify macroeconomic stability.
These measures include the tightening of monetary policy, the unification of exchange rate windows, and the recapitalisation of banks.
The Governors voiced their approval of the CBN’s synchronized approach, which involves working with fiscal authorities.
They acknowledged the need for continuing cooperation to protect economic growth and guarantee the financial health of the states.
