Plateau State Governor, Simon Lalong has emerged the new Chairman of the Northern Governors Forum (NGF).
Igbere TV reports that Lalong was elected as NGF Chair on Friday.
He was elected by his colleagues during a meeting of the forum in Kaduna State.
He succeeded Borno State Governor, Kashim Shettima, whose tenure has ended after piloting the affairs of the Northern Governors Forum for four years.
Shettima took over from former Niger State Governor, Babangida Aliyu in 2015.
Igbere TV reports that the governors, at the meeting on Friday agreed to set up a joint financial institution that would galvanize rapid socio-economic development within the region and enable it attain some degree of financial independence.
The governors also resolved to meet with President Muhammadu Buhari over the security challenges in the region.
The meeting of the northern governors which later went into closed door, is expected to receive briefing on the security situation across states as well as submissions from officials of the northern Nigerian development company on the successes made in the areas of oil exploration in the lake chad basin, as well as reviving the collapsed Kaduna textile factory owned by the 19 northern states.