Economy: Governors to meet finance commissioners, others

Governors of the 36 states of the federation have resolved to play more active roles in the revival of the Nigerian economy.

Towards this end, they are to schedule a meeting with state commissioners of finance, budget and planning.

This was part of resolutions contained in a communique issued after the 17th Teleconference meeting of the Nigeria Governors Forum, held on Wednesday.

The communique which was signed by the Chairman of the Forum and Governor of Ekiti State, Kayode Fayemi, was released in Abuja, on Thursday.

Fayemi said, “The forum will be playing a strategic role in the forthcoming 26th Nigerian Economic Summit (NES #26), which is designed to focus on the sub-nationals as the frontiers for economic growth and development in the country.

It will bring together local and global policymakers, business leaders, development partners, and scholars to lead and participate in sessions that will focus and participate in sessions that will focus on building strategic partnerships and cooperation between governments, business enterprises, and civil society.

At least 18 Governors will take part in physical and virtual high-level panel dialogues from 26th – 27th October 2020.”

The communique further explained that the Technical Committee of the NGF-NESG Economic Roundtable was inaugurated on 14th September 2020 and given the responsibility for coordinating the activities of the NGF-NESG partnership based on a Memorandum of Understanding signed between both institutions in 2017 to facilitate a joint program aimed at promoting sub-national competitiveness.

According to the communique, the 2019 Annual Performance for the State’s Fiscal Transparency, Accountability and Sustainability programme conducted by the Office of the Auditor-General of the Federation will be completed this week.

It said the exercise has already been completed in 32 States. States remain committed and will continue to work assiduously to meet the requirements and Disbursement Linked Indicators of the program.

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