Tinubu’s relocation of CBN to Lagos favours North, South: Mohammed Idris
Information minister Mohammed Idris says the relocation of some Central Bank of Nigeria (CBN) departments and the Federal Airports Authority of Nigeria (FAAN) headquarters to Lagos (in the South-West) by President Bola Tinubu favours the North.
Africa’s most populous nation is divided almost equally between North and South.
This came amid opposition to the relocation by the Arewa Consultative Forum (ACF) and some northern politicians, who claimed it was anti-North.
In a statement on Sunday, Mr Idris said such a claim was aimed at dividing the country.
“It is not true that the relocation to Lagos of the Headquarters of the Federal Airports Authority of Nigeria (FAAN) and of certain departments of the Central Bank of Nigeria (CBN) are political moves aimed at marginalising a section of the country,” the minister said.
Mr Idris added, “These allegations are unfounded. Instead, these are pragmatic administrative steps to improve operational efficiency and reduce operating costs.”
He urged “all Nigerians to be especially mindful of all persons and groups at home and abroad, who specialise in making false and inciting claims on radio, TV and social media, as well as in peddling altered videos and images for viral dissemination.”
The minister stressed the need for the citizens to “stand together as one, against these forces that constantly seek to test and break the bonds that hold us.”
On Tuesday, Senator Ali Ndume accused the “Lagos boys” of being behind the relocation, which he described as a “mistake” that would soon be reversed. A coalition of northern youths also threatened to organise protests across the 19 northern states to oppose the relocation directive.
In an internal memo last week, CBN said that transferring some departments to Lagos state aimed to decongest the Abuja headquarters and optimise “the operational environment of the bank.”
The affected CBN departments include Other Financial Institutions Supervision (OFISD), Consumer Protection Department (CPD), Banking Supervision (DBS), Financial Policy Regulations Department (FPRD) and Payment System Management Department (PSMD).
But presidential media aide Bayo Onanuga described the northerners castigating Mr Tinubu’s decision as disgruntled northern elements bent on emasculating the incumbent president’s regime.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
NYSC DG tasks corps members on responsible social media use
The DG noted that technology had made it increasingly difficult to distinguish between genuine and fabricated materials.
Africa
Media professionals decry threats to press freedom in West Africa
The media experts noted that press freedom and national security should be complementary objectives and not competitors.
States
NDDC begins negotiations to improve staff welfare
Mr Iyaye congratulated members of the committee on their selection by NDDC management and the NDDC Staff Union.
States
Stakeholders seek quick reform of state public health laws
Mr Danjuma described the initiative as a major milestone in strengthening public health legal preparedness.
States
Two Ogun men jailed seven years each for belonging to secret cults
The magistrate said the evidence presented by the prosecution was tenable.
