TheCable

The governors of the thirty-six states of Nigeria are expected to meet with economic and financial agencies in the country, over the management of their states’ security votes.

Security vote is a monthly allocation given to state governments for improved security.

According to a statement signed by AbdulRazaque Bello-Barkindo, the spokesperson of the Nigeria Governors’ Forum (NGF), the meeting will take place virtually on Tuesday, April 4.

Asishana Bayo Okauru, director-general of the Nigeria Governors Forum (NGF), said the agencies expected to be at the meeting include the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and other related offences Commission (ICPC), the Federal Inland Revenue Service(FIRS) and the Central Bank of Nigeria (CBN).

“Furthermore, the meeting will also consider deepening the management and expansion of the cashless policy which took effect from the time of the redesigning of the national currency, the Nigerian Naira, last year, to further the financial inclusion of all citizens in the ensuing scheme of things, going forward,” the statement reads.

“This meeting is called at the instance of the Nigeria Financial Intelligence Unit (NFIU) in its letter of 30th March, which was addressed to the chairman of the NGF and signed by the Modibbo Hamman Tukur, NFIU director.

“All governors are advised to prioritize the meeting as its contents had been discussed at the NGF emergency meeting on Thursday 30th March, where it was unanimously agreed that a conjunction with the agencies mentioned above was imperative.”

The meeting also aims to facilitate financial inclusion and development which will put Nigeria on the same pedestal as advanced countries.