The Governors of 36 States of Nigeria, under the aegis of Nigeria Governors Forum said on Thursday morning that they were worried over the declining value of the naira in relation to other currencies and will therefore discuss the issue with President Muhammadu Buhari.

The Naira fell to N243 to the US dollar today, but in the official market, the Naira was on offer at N197. Interbank rates stood at N199.

The Governors who are attending the meeting of the National Economic Council, NEC chaired by Vice President Yemi Osinbajo raised the Naira plight in a communiqué read to journalists at the end of their meeting which began on Wednesday night and ended in the early hours of Thursday.

Governor Abdulaziz Yari, the Governor of Zamfara State who is also the Chairman of NGF said in a communique read to journalists at the end of the meeting that the Governors will discuss with the President to find lasting solutions to the worsening macro-economic challenges confronting the nation, especially on foreign exchange stability.

“The forum pledges to work with Mr. President to ensure coherent policy actions that will create a clear policy direction for the country and stimulate domestic production.”

The other issue he said the NGF discussed was how to make the National Health Act operational in conjunction with the Federal Government in addition to aggressive action to support the eradication of polio in the country.

Yari also reiterated that funds given to help the states tackle their salary arrears as well as meet their other challenges was not a bail out, but legitimate earnings of the three tiers of government shared out from money paid into the coffers of government by the Liquefied Natural Gas Company Limited.

The governor said, “It is also to inform our brothers in the media that yet the federal government has not given any bailout to any of the states.

“What had been shared last time was monies from NLNG and FAAC and as we have been saying, we have not been looking for bailout, instead, we have been looking for all monies that are in the coffers of the federation account, most especially we are talking about some of the monies that are hung around the coffers of government to be brought together for the purpose of sharing.”