South-West Governors’ Forum Lauds Tinubu Over Economic Stability, Exchange Rate, Others 

The South-West Governors’ Forum has commended President Bola Tinubu has commended the President Bola Ahmed Tinubu for the economic stability and improvement recorded across the nation, particularly for the sustained supply and distribution of petroleum products and the stabilization of the exchange rate.

Chairman South-West Governor’s Forum and Lagos State Governor, Babajide Sanwo-Olu, gave the commendation in a communique at the Lagos House, Alausa, Ikeja, on Thursday, after a closed-door meeting to discuss issues, which included food security, fostering economic growth and developmental issues affecting their states.

Present at the meeting hosted by Sanwo-Olu, were Governors Ademola Adeleke of Osun, Biodun Oyebanjo of Ekiti,  eyi Makinde of Oyo, Lucky Ayedatiwa of Ondo and Dapo Abiodun of Ogun states.

The forum urged the citizens to support the President and improve the overall wellbeing of all Nigerians 

On student loan, the Forum applauded the Federal Governmnent for the successful implementation of the loan schemes under the Nigerian Education Loan Fund, which has helped South-West students in tertiary institutions.

The South-West Governors’ Forum, therefore, “encouraged all eligible students in the region to take advantage of this scheme.”

According to the Forum’s chairman, the governors also offered a congratulatory message to the Governor of Ondo State, Lucky Aiyedatiwa, on his victory in last Ondo governorship election, which held on November 16, 2024.

On security, the Forum commended South-West governors for maintaining peace throughout the region, especially during the last festive period.

They, therefore, called on all states to continue to foster peaceful coexistence within all South-West state.

While strongly condemning any threats to the region’s security, the Governors’ Forum, therefore, “encouraged collaboration with Police Force and local security forces, even as it also committed to taking necessary actions to counter any form of threat on the region.”

On the establishment of a joint security surveillance, the Forum “agreed to appoint special advisers on security in each state and establish a joint surveillance monitoring team, which will oversee and coordinate security efforts in the region, and as part of the resolution, the Forum has committed to deploying advanced technology, including area surveillance system that will enhance security operations.” Sanwo-Olu said that additionally, the Forum resolved to strengthen intelligence-gathering and fostering collaboration between state security operatives, local security network and the federal enforcement authorities. 

On the establishment of the South-West Development Commission, the Governors’ Forum commended the Federal Governmnent and the National Assembly for establishing the South-West Development Commission, and collectively agreed to situate the headquarters of the Commission when it gets signed in Ibadan, within The Cocoa House premises. 

On Oodua Investment, Sanwo-Olu said that the Governors’ Forum received presentation and thereafter acknowledge the efforts of the Oodua Investment Company Ltd, it’s efficiently managed assets in the South-West region particularly over the last five yrs. The Forum also commended the management of the company on the ongoing developments, especially on the ongoing redevelopment of Premier Hotel in Ibadan and the proposed redevelopment of the Lagos Airport Hotel in Lagos.