Senate Chief Whip, Ndume Criticizes Proposed Relocation of CBN and FAAN Departments to Lagos

Senate Chief Whip, Ndume Criticizes Proposed Relocation of CBN and FAAN Departments to Lagos

Senator Ali Ndume, Chief Whip of the Senate and representative of Borno South Senatorial district, has expressed strong opposition to the plan to relocate certain departments of the Federal Airports Authority of Nigeria (FAAN) and the Central Bank of Nigeria (CBN) from Abuja to Lagos. In an interview with Channels Television on Tuesday, Ndume criticized the move, highlighting concerns about its potential political and operational consequences.

Ndume asserted that those advocating for the relocation are misinforming the President, stating, “All these Lagos boys who are thinking that Lagos is Nigeria are just misinforming and advising the President wrongly.” He emphasized that such a decision could lead to political ramifications and urged the President to reconsider.

Arguing against the relocation, Ndume emphasized the significance of Abuja as the country’s sole Federal Capital. He questioned the practicality of having two capitals and raised specific concerns about relocating regulatory bodies like the CBN, stating, “The regulators of the financial institutions are supposed to be or are in Abuja. Do you want them to move back because you say Lagos is the commercial capital?”

Ndume pointed out the potential ripple effects of such a decision, drawing analogies with other key sectors. He questioned whether the CBN governor would operate from Lagos and whether other essential institutions would be moved based on regional considerations.

Expressing confidence in the President’s commitment to national interests, Ndume concluded, “I’m very sure and confident that Mr. President will look at this situation because he is a nationalist and not just a Lagos man.”

The proposed relocation, if implemented, could significantly impact the administrative and operational landscape, prompting concerns from various quarters.

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