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Governors of the South-West region have resolved to establish a Joint Surveillance and Monitoring Team. This is to address rising security challenges across the zone.

This was one of the key resolutions reached during the South-West Governors’ Forum meeting held in Lagos on Thursday, Channels Television reports.

“Recognising emerging security threats, we resolved to establish a Joint Surveillance and Monitoring Team to enhance security coordination across the South-West,” Lagos State Governor and Forum Chairman, Babajide Sanwo-Olu, stated on his X handle after the meeting.

Sanwo-Olu reiterated the governors’ commitment to taking “decisive actions to ensure the safety and stability of our communities.”

Since assuming office in May 2023, President Bola Tinubu’s administration has introduced major economic policies, including the removal of fuel subsidies and the floating of the naira.

While experts argue that these measures have contributed to rising inflation and a higher cost of living, the South-West governors expressed confidence in the administration’s efforts.

“We passed a vote of confidence on President Bola Ahmed Tinubu for the economic stability and improvements recorded across the nation, particularly in the sustained supply and distribution of petroleum products and the stabilisation of the exchange rate,” Sanwo-Olu stated.

The governors attributed the escalating food prices to “unscrupulous middlemen in the supply chain” and resolved to take action to curb inflation.

They also agreed to create a State Food Inflation Joint Monitoring Team and establish Aggregation Centres and Food Hubs to regulate food distribution and ensure affordability.

The South-West governors also commended the Federal Government’s Nigerian Education Loan Fund (NELFUND), describing it as a beneficial initiative for students in the region.

They encouraged eligible students to take advantage of the loan scheme to further their education.

Additionally, they expressed gratitude for the establishment of the South-West Development Commission (SWDC), which will be headquartered at Cocoa House in Ibadan, Oyo State.

Sanwo-Olu expressed confidence in Odu’a Investment Company Limited management of regional assets, urging the Development Agenda for Western Nigeria (DAWN) Commission to collaborate with commissioners for agriculture to drive industrialisation and infrastructure development.

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