• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Friday, January 2, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home Business

Northern Elders Speaks On Central Bank’s Plan To Relocate Key Departments

Ojimaojo Abubakar by Ojimaojo Abubakar
January 17, 2024
in Business
0
Northern Elders Speaks On Central Bank’s Plan To Relocate Key Departments
0
SHARES
4
VIEWS
FacebookTwitterWhatsappEmailTelegram

By Abubakar Yunusa

The Northern Elders Forum (NEF) has addressed reports of internal “disquiet” among CBN staffers following the management’s decision to relocate certain departments to the CBN Lagos office.

On January 12, the CBN, through a circular from the director of its human resources department, conveyed its plans to decongest its head office in Abuja.

“The action plan focuses on optimizing the utilization of other Bank’s premises. With this plan, 1,533 staff will be moved to other CBN facilities within Abuja, Lagos, and understaffed branches,” the bank said, as reported by The Nation.

RelatedPosts

FG pushes ranching drive, prioritises feed security, genetic improvement in Nasarawa

Nichi Mine Targets 120,000 Tons Monthly Lithium Output In Africa

Kaduna Livestock Project Boosts Productivity, Peace, Says Commissioner

“Our current occupancy level of 4,233 significantly exceeds the optimal capacity of 2,700 designed for the Head Office building. This overcrowding poses several critical challenges.

Daily Nigerian reported over the weekend that the move has caused disquiet among CBN staff, with claims that the plan would render the Abuja office of the apex bank ‘useless.’

In a statement signed by its Director of Publicity and Advocacy/spokesperson, Abdul-Azeez Suleiman, stated that Northern Nigeria already faces various economic challenges, such as poverty, unemployment, and insecurity.

According to the statement, NEF finds the broader negative implications of relocating these key departments ridiculous and unacceptable, as moving economic decision-making power to Lagos could exacerbate regional disparities, fostering a sense of marginalization among other regions, particularly Northern Nigeria.

“Additionally, this move could hinder the northern governments’ efforts to promote economic diversification and reduce dependence on oil revenue.

ALSO READ:  Food Inflation: Families Cannot Afford Basic Necessities—Northern Elders

“Unacceptably too, the North, which is home to a significant portion of Nigeria’s population, would be disproportionately affected by the relocation, reducing access to economic opportunities and financial services, further widening the economic gap between Northern Nigeria and other regions, potentially exacerbating social and political tensions.

“NEF is also deeply concerned about the implications this relocation would have on the lives of the affected staff members. Reports suggest that this move would affect 1,533 dedicated staff members, forcing some individuals, particularly married women, who are mostly from the North, to contemplate resigning.

“We believe it is crucial to consider the impact on the personal lives and families of these staff members, especially married women who may struggle to cope with this decision.

“The NEF urges the CBN and relevant authorities to prioritize the nation’s overall progress and the well-being of its citizens.

“We recommend a holistic approach that considers not only the efficiency and effectiveness of departmental operations but also the livelihoods and future development of all regions of Nigeria.

“We urge the government to evaluate the potential drawbacks of such a move thoroughly. It is important to consider the impact on Abuja’s role as the capital city, the potential repercussions on regional development and economic balance, and the overall effectiveness and efficiency of the relocated departments in serving their intended purpose.

“We call upon the CBN and relevant authorities to thoroughly review the consequences of this relocation and explore alternative arrangements that do not compromise the career growth and work-life balance of its valuable employees.

ALSO READ:  N120bn IGR: Kaduna inaugurates committee to meet target

“It is essential to ensure that the burden of relocation is not unfairly placed on the shoulders of these individuals and their families.”

Tags: CBNNEF
Previous Post

Blaze Engulfs Panteka Market, Timber Section Faces Wrath Of Fire In Kaduna

Next Post

Mr. Adesanya Urges National Assembly To Revisit NIWA Act

Ojimaojo Abubakar

Ojimaojo Abubakar

Abubakar Ojimaojo is a graduate of Mass Communication, political and football analyst currently work at elanzanews.ng as Editor. He pride himself as skilled wordsmith with a passion for delving into contemporary political issues on both national and international scale.

Related Posts

FG pushes ranching drive, prioritises feed security, genetic improvement in Nasarawa

FG pushes ranching drive, prioritises feed security, genetic improvement in Nasarawa

by Elanza
December 19, 2025
0

The Federal Government has intensified its push for ranching as the backbone of Nigeria’s livestock transformation, with the Honourable Minister...

Nichi Mine Targets 120,000 Tons Monthly Lithium Output In Africa

Nichi Mine Targets 120,000 Tons Monthly Lithium Output In Africa

by Elanza
December 18, 2025
0

By Abubakar Yunusa Ojima-ojo The General Manager and Chief Operating Officer of Nichi Mine Limited, Dr Hassan Kabir Yaradua, has...

Kaduna Livestock Project Boosts Productivity, Peace, Says Commissioner

Kaduna Livestock Project Boosts Productivity, Peace, Says Commissioner

by Elanza
December 18, 2025
0

The Kaduna State Government has said its World Bank-funded Livestock Productivity and Resilience Support(L-PRES) Project is delivering measurable gains in...

Next Post
Mr. Adesanya Urges National Assembly To Revisit  NIWA Act

Mr. Adesanya Urges National Assembly To Revisit NIWA Act

Legal Conundrum: Bench Warrant Issued For Surety Accused Of Shielding Offender

Legal Conundrum: Bench Warrant Issued For Surety Accused Of Shielding Offender

Recommended

Dogara Urges Nigerians To Face 2026 With Hope, Unity

Dogara Urges Nigerians To Face 2026 With Hope, Unity

1 day ago
Youth Farmers Hail NAIC Boss Danfulani, Back Insurance Reforms

Youth Farmers Hail NAIC Boss Danfulani, Back Insurance Reforms

3 days ago

Popular News

  • Danji Shiddi’s Political Profile Rises as Taraba Faces Governance Debates Ahead of 2027

    Danji Shiddi’s Political Profile Rises as Taraba Faces Governance Debates Ahead of 2027

    0 shares
    Share 0 Tweet 0
  • Court Ruling Applies Only To FCT Traffic Agency, Says CDCROF

    0 shares
    Share 0 Tweet 0
  • Gunmen Strikes Lere Local Gov’t Of Kaduna, Four Feared Dead

    0 shares
    Share 0 Tweet 0
  • DRTS Jabi Officers Hail Yeldu’s Appointment

    0 shares
    Share 0 Tweet 0
  • VON’s Bonuola-Ozurumba Shines in WIN’s Global Leadership Accelerator

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (808)
  • Education (243)
  • Entertainment (335)
  • Health (225)
  • National (2,914)
  • News (9,401)
  • Opinion (374)
  • Politics (1,852)
  • Science (15)
  • Security (411)
  • Sports (565)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform