Northern Youths Opposed Relocation of CBN To Lagos

Citing the need to reduce expenses and improve operational efficiency, the CBN and FAAN started moving several of their divisions from Abuja to the commercial hub of Nigeria.

The top bank directed the impacted divisions to be moved to Lagos in order to free up space at the Abuja headquarters in a document that was sent out on Saturday, January 13, 2023.

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“This is to inform all CBN Head Office employees that we have started a decongestion action plan intended to optimize the Bank’s operational environment.”The objective of this program is to optimize the effective use of our office space while guaranteeing adherence to building safety regulations.

“The action plan’s main goal is to maximize the use of other Bank locations. Under this strategy, 1,533 employees will be relocated.

to understaffed branches and other CBN facilities in Lagos and Abuja.

“With 4,233 occupants, we are currently much above the 2,700 maximum capacity that was intended for the Head Office building. The memo stated, in part, that “this overcrowding poses several critical challenges.”

In a similar spirit, the Federal Government said that FAAN would be moving its headquarters from the capital to Lagos.
Festus Keyamo, the Minister of Aviation and Aerospace Development, made the announcement in writing in a memo dated January 15, 2024, which was also signed by Olubunmi Kuku, the Managing Director of FAAN.
The document states: “The Federal Airport Authority of Nigeria’s Headquarters shall be relocated from Abuja to Lagos, per the directive of the Honorable Minister of Aviation and Aerospace Development.”

“In light of the aforementioned, kindly furnish the management with the implications of the relocation.”

The AYCF responded to the news by stating that these moves to Lagos could damage Abuja’s standing as the nation’s capital and have detrimental implications for the nation as a whole.

Alhaji Yerima Shettima, the President-General of the AYCF, said this at a news conference in Kaduna on Friday, January 19, 2024. She voiced concern about the possible outcomes that could result from the relocations.

He claimed that the action might weaken national cohesion, interfere with daily affairs, result in economic losses, and create regional disparities

As part of its mission to promote unity and development in Northern Nigeria and the country as a whole, AYCF said that it will continue to advocate for the preservation of Abuja’s status as the capital city and will resist any attempts to undermine national unity. “The organization urges decision-makers to prioritize national unity and ensure that any actions taken do not perpetuate regional imbalances or compromise the political and economic viability of Northern Nigeria,” Shettima said.