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“There will be political consequences”, Ndume warns Tinubu over the relocation of CBN, FAAN

The Chief Whip of the Senate, Senator Ali Ndume, has issued a warning to President Bola Tinubu over the plan to relocate some departments of CBN as well as the cooperate headquarters of Federal Airports Authority of Nigeria (FAAN) to Lagos, adding that there will be “political consequences.”

Ndume, who spoke while featuring in an interview with Channels TV, said those behind the decision are “Lagos boys” in Tinubu’s cabinet.

CBN recently issued an internal memo stating its decision to relocate certain offices to Lagos, citing congestion in specific departments. Simultaneously, the government announced plans to move the headquarters of FAAN to enhance operational efficiency and reduce costs.

However, Ndume contended that if the offices were to be relocated due to congestion, it would be more sensible to consider Nasarawa, Kaduna, Kogi, and other neighbouring states of Abuja for their proximity, rather than the distant city of Lagos.

Speaking further, Ndume said he believes the relocation was a mistake and the President will most certainly reverse the decision.

He pointed out that the argument that Lagos is the commercial capital of Nigeria cannot stand since NNPC is not located in the South-South part of the country, emphasizing that Abuja is where all regulatory bodies should be located since it is the federal capital of the country.