Senator Ali Ndume Slams Relocation Plans, Urges Reconsideration for Borno South

By | January 29, 2024

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– Ali Ndume condemns planned relocation of departments
– Senator Ndume criticizes proposed department relocation.

Ali Ndume, the Senator representing Borno South Senatorial, has strongly criticized the proposed relocation of key departments of the Central Bank of Nigeria (CBN) and the Federal Airports Authority of Nigeria (FAAN) from Abuja to Lagos. The Senator believes that President Bola Tinubu is being misguided by certain individuals he refers to as “political cartels” who have vested interests in the matter. In an interview with Channels Television, Ndume expressed his concerns, stating that the President is receiving incorrect advice from “Lagos boys” who hold influential positions within the government.

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Ndume argues that these individuals are underestimating the significance of other states in Nigeria and are wrongly assuming that Lagos represents the entire country. He asserts that it is crucial for President Tinubu to be aware of the ulterior motives behind this proposed relocation. Ndume further emphasizes that the political cartels attempting to sway the President’s decision are not acting in his best interest and warns that their actions may have severe political consequences.

The relocation plans involve specific departments within the CBN, including Banking Supervision, Other Financial Institutions Supervision, Consumer Protection, Payment System Management, and Financial Policy Regulations. These departments play vital roles in various aspects of the country’s financial system. The potential move has raised concerns among stakeholders who fear that such a relocation could disrupt the smooth functioning of these departments and negatively impact the Nigerian economy.

Critics argue that such a decision should not be made without considering the implications it may have on the overall operations of these departments. They believe that it is essential for President Tinubu to thoroughly evaluate the consequences before finalizing any plans. This sentiment is echoed by many Nigerians who are worried about the potential repercussions of centralizing these departments in Lagos.

Furthermore, the relocation could have significant implications for the residents of Abuja, as it may result in job losses and economic downturn in the region. The decision to move these departments to Lagos could also create an imbalance in the distribution of economic opportunities within the country, further exacerbating existing regional disparities.

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It is essential for the President to carefully weigh the pros and cons of such a relocation and consider the potential impact it may have on Nigeria as a whole. This decision should not be influenced by personal interests or political pressures but should be based on a comprehensive assessment of the potential consequences.

In conclusion, Senator Ali Ndume has strongly condemned the proposed relocation of key departments of the CBN and FAAN from Abuja to Lagos. He believes that the President is receiving incorrect advice from individuals with vested interests. The potential move has raised concerns among stakeholders who fear the disruption it may cause to the functioning of these departments and the Nigerian economy. It is crucial for President Tinubu to carefully evaluate the consequences before making a final decision..

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RELATED STORY.

– Ali Ndume condemns relocation of departments
– Borno South Senatorial opposes planned relocation.