CBN, FAAN Movement to Lagos Will Have Political Consequence – Ndume

The Chief Whip of the Senate, Senator Ali Ndume, has warned President Bola Tinubu that there will be political consequences if he insists on moving some departments of the Central Bank of Nigeria (CBN) and the headquarters of the Federal Airports Authority of Nigeria (FAAN) to Lagos.

Ndume said this following the Federal Government’s announcement that some CBN departments and the FAAN headquarters will be moved to Lagos.

Despite FAAN headquarters’ location in Lagos for decades before it was moved by the previous administration in 2020, Ndume still believes the north will not accepts its movement back to Lagos.

“Some of them think that they know better than everybody. But they don’t know anything. When you don’t know Nigeria, you only know Lagos, then you start doing things as if Nigeria is Lagos. Lagos is in Nigeria. That’s a wrong decision.

“We will not accept it. Besides, you know, they are not doing any favour to Mr. President, because this will have political consequence. Yes. I’m telling you this.

“And these guys who are just sitting down there, trying to hang on to Mr. President will not be there to amend the political mistakes or even to correct it because they don’t know anybody. They only know their offices. And they only know that they have brains,” Ndume told Channels TV.

Further speaking, Ndume expressed the believe that the decision was a mistake, just as he stated that President Tinubu will reverse it.

“The regulators of the financial institutions are in Abuja. You want to move because you say Lagos is the commercial capital. This is one of the mistakes and I am sure Mr President will reverse it because it does not work.

“And I’m sure the president will reverse it because it doesn’t work. You can’t have two capitals or is the CBN governor going to be operating from Lagos and the headquarters of the CBN is in Lagos?

“Do you say that because the majority of our oil is extracted from the South-south, you take the Nigerian National Petroleum Company Limited (NNPC) to the South-south or because Nigeria’s agricultural produce is more in the north, you take the Ministry of Agriculture to anywhere in the north.

“It doesn’t work that way. And that is one of the problems that is cropping up, but I’m very sure, I’m very confident that Mr. President will look at this because he’s a nationalist, not just a Lagos man,” the federal lawmaker said.

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