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Central bank chief to engage governors on pension funds utilization for infrastructure

Bloomberg

Mr Godwin Emefiele, the Central Bank Governor, will tomorrow Wednesday, 2nd December 2020, meet with Governors of the 36 states, under the aegis of Nigerian Governors’ Forum, to discuss how to access Pension Funds for Infrastructure Development in the country.

Abdulrazaque Bello-Barkindo, Head, Media and Public Affairs of NGF, made this known in a statement made available to newsmen on Monday.

According to Bello-Barkindo, the forum will be the 22nd NGF Teleconference meeting which would also seek to evolve a new national security order that will ensure safety of lives and property nationwide.

“As part of the effort, beginning at the subnational level, the Forum will be receiving zonal updates on SARS and Internal security at its Wednesday meeting.

“Similarly, the Forum will also revisit the issue of CACOVID palliatives with updates on its current status’ in all the states.

“Three groups will be making presentations, top of which will be a joint effort between the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele and the Kaduna State Governor, Malam Nasiru el-Rufai, discussing how to access Pension Funds for Infrastructure Development in the country.

“The resolutions and matters arising from the just concluded 26th NESG summit will also feature at the meeting, just as the last but not the least presentation of the day will dwell on the medium and long term national development agenda by the Core Working Group (CWG) of the Human Capital Development program of Nigeria.

“As usual knotty issues like the Stamp Duty Collection on which a letter has been despatched to the Attorney General of the Federation seeking clarification on whose responsibility it is to collect and who owns the revenue will feature, as well as a response to the Water Resources Minister on the Water Resources Bill that has trended in the last couple of months.

“The regular SFTAS update by Mr Ajogbasile of the NGF and the Gov Ifeanyi Okowa of Delta State’s Committee update on the activities of the Presidential Task Force will be preceded by an update on a meeting with ASUU and Conference of Legislators of Nigeria COSLAN.

“The meeting will start as usual at 2 pm but governors have virtual access to it from 1 pm, according to the Director General of the Nigeria Governors’ Forum, Mr Asishana Bayo Okauru” noted Bello-Barkindo in the statement.

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