CBN units’ relocation: There’ll be political consequences – Ndume

Chief Whip of the Senate, Senator Ali Ndume, on Tuesday, vowed that if President Bola Tinubu fails to reverse the decision of the Central Bank of Nigeria to move its key departments from the Federal Capital Territory to Lagos State, there will be some political consequences.

Ndume representing Borno South, said this while featuring on Channels Television’s programme.

Recall that an internal memo circulated last week revealed how the CBN directed the relocation of some units to Lagos in a bid to decongest its Abuja headquarters.

The development has generating a controversy as a cross-section of Nigerians, particularly Northerners, outrightly rejected the move, alleging that it was a plot to further underdevelop the Northern region.

Ndume while speaking on the matter, noted that the decision “was not well thought out,” adding that he is “confident that the President is going to reverse it.”

He added, “And if that does not happen, of course, this is democracy; we know what to do.”

The lawmaker questioned why the apex bank did not consider relocating the departments to either Nasarawa, Kogi or Kaduna State, near the nation’s capital.

He said, “Why was the headquarters moved from Lagos to Abuja? Was it not because of the congestion there? I don’t even see any issues of congestion. There is going to be an increase in cost because they are going to be running from Lagos to Abuja, spending more money and even exposing our workers to unnecessary risks.

“Don’t try to bring tribalism into it. I’m not a Hausa man and I’m not a Fulani man but I’m a Northerner and a Nigerian. Those misleading the president are not doing him any good because this is going to have some political consequences. If Tinubu was not elected president, the CBN governor would not be there. It was not Lagos votes that put Tinubu there.”

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