The plan to move some departments of the Central Bank of Nigeria and the Federal Airports Authority of Nigeria from Abuja to Lagos has been opposed by the Senator for Borno South, Ali Ndume.
Ndume claimed that “political cartels” are misleading President Bola Tinubu to make bad choices. He made this remark during a chat with Channels Television on Tuesday, adding that the president is getting bad advice from “Lagos boys” in power.
The CBN departments that are slated for relocation include Banking Supervision, Other Financial Institutions Supervision, Consumer Protection Department, Payment System Management Department, and Financial Policy Regulations Department.
Reports have emerged that the apex bank’s move is meant to ease the congestion at the apex bank’s main office in the Federal Capital Territory.
FAAN also stated that the relocation will reduce the misuse of public funds and also stop the decay of its unused Lagos building
However, Ndume, who is the Senate’s Chief Whip, warned that the relocation of the office to Lagos will have political implications.
In Ndume’s words, “All these Lagos boys who are thinking that Lagos is Nigeria are just misinforming and advising the President wrongly. Those political cartels that are in the corridors of power are trying to misinform the President and we will tell the President.
“The President will take action. They are not doing any favour to Mr President because this will have political consequences.
“We only have one Federal Capital and that is Abuja.
“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?
“This is one of the mistakes and I’m sure Mr President will reverse it because it doesn’t work.bYou can’t have two capitals.”
The move has sparked different responses, with some northern groups like the Arewa Consultative Forum, denouncing the decision.
The pan-northern socio-political group said the relocations of the two agencies are an intentional scheme to further marginalise the northern part of the country.