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Despite Controversy, 1,500 CBN Staff to Resume at Lagos Office Friday
At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office following their redeployment from the headquarters, according to The Punch.
A source at the apex bank told our correspondent exclusively that the plan, though heavily criticised, was still in motion, and affected staffers would be resuming on Friday.
“Yes, the plan is still on and they will resume work by February 2, which is the first week of next month,” an official said.
The latest development comes on the backdrop of the decision of the new management to relocate some of CBN’s departments to the country’s economic hub for staff safety, increased productivity, and to decongest its head office.
CBN said the action was necessitated by several factors, including the need to align the bank’s structure with its functions and objectives and redistribute skills to ensure a more even geographical spread of talent.
It added that it was also in compliance with building regulations, as indicated by repeated warnings from the facility manager, and the findings and recommendations of the Committee on Decongestion of the CBN Head Office.
A memo issued to staff read, “This is to notify all staff members at the CBN Head Office that we have initiated a decongestion action plan designed to optimise the operational environment of the Bank.
“This initiative aims to ensure compliance with building safety standards and enhance the efficient utilisation of our office space.”
According to reports, the departments penciled down for relocation by the CBN governor Yemi Cardoso include Banking Supervision, Other Financial Institutions Supervision, Consumer Protection Department, Payment System Management Department, and Financial Policy Regulations Department.
Although the Northern Elders Forum and some other Northern groups had condemned the move, our correspondent gathered that the CBN governor was committed to implementing it, as it is expected to reduce the HQ occupancy level to 2,733 personnel from 4,233.
Another source told the PUNCH that some of the affected staffers had started relocating to Lagos.
“Some have already gone ahead. Over 80 per cent of the Banking Supervision Department staff have been redeployed and the same for the Payment System Department,” the source hinted.
The NEF had, in a statement, expressed worry over the potential negative impact of relocating those essential departments on both the institution itself and the country as a whole.
“The movement would involve increased costs, loss of talent, disruption in operations, reduced coordination, regional economic disparities, impaired economic development in Northern Nigeria, and decreased investor confidence in the nation’s economy.
“Therefore, relocating them entirely to Lagos will only serve to further strengthen the already dominant position of Lagos, while potentially weakening the significance and role of Abuja,” it claimed.
More so, the Chief Whip of the Senate, Senator Ali Ndume, warned that there would be “political consequences” if the plan to relocate some departments of CBN as well as the corporate headquarters of Federal Airports Authority of Nigeria to Lagos were implemented.
He said, “Those misleading the President are not doing him any good because this is going to have some political consequences. If Tinubu were not elected president, the CBN governor would not be there. It was not Lagos votes that put Tinubu there.”
Northern senators and youths also expressed displeasure over the move, which they claimed was a calculated move to short-change the North.
The Burkina Faso junta has said it detained 11 Nigerian military officers and seized a cargo plane belonging to the Air Force following an emergency landing in the country after they crossed into Burkinabe airspace without authorisation.
The statement stated that the Sahel alliance, consisting Burkina Faso, Niger and Mail, headed by military regimes, noted that the transport airplane had two crew members and nine passengers onboard.
The statement said that the individuals were later identified as members of the Nigerian armed forces and are currently being detained in the country.
“The military aircraft had on board two (02) crew members and nine (09) passengers, all military personnel,” the statement noted.
Meanwhile, the regional body condemned the incursion, adding that the Burkinabe authorities had opened an investigation to determine the circumstances behind the incident.
The body also noted that three countries had placed their military forces on high alert and ready to engage external threats.
The AES said, “An investigation was immediately opened by the competent Burkinabe authorities and revealed the absence of authorization for the aircraft to fly over Burkinabe territory. The Confederation of the Sahel States strongly condemns this violation of its airspace and the sovereignty of its member states.
“Faced with this unfriendly act carried out in disregard of international law and international civil and/or military aviation regulations, measures have been taken to guarantee the security of the confederal airspace, the sovereignty and territorial integrity of its member states, as well as the safety of the populations of the AES Confederation.
“In this regard, and upon the instruction of the Heads of State, air defense and anti-aircraft systems of the confederal space have been placed on maximum alert, in accordance with the Declaration of the College of Heads of State dated 22 December 2024, and have been authorized to neutralize any aircraft that violates the confederal airspace.”
National Security Adviser, Nuhu Ribadu, hosted a delegation from the United States Congress in Abuja on Sunday, continuing security discussions between Nigeria and the US.
Ribadu, sharing the update on X, noted that the visit follows prior meetings in Washington, D.C., which focused on areas of mutual security interest and cooperation.
“This morning, I received a US Congressional delegation on a fact-finding mission to Nigeria, following our earlier engagements in Washington, DC, on shared security priorities,” he said.
“The delegation included Rep. @MarioDB Mario Díaz-Balart, Rep. @NormaJTorres Norma Torres, Rep. @RepFranklin Scott Franklin, Rep. @RepCiscomani Juan Ciscomani, and Rep. @RepRileyMoore Riley M. Moore.”
He also noted that US Ambassador to Nigeria, Richard Mills, attended the meeting, highlighting what Ribadu described as “the significance both countries place on this partnership.”
Ribadu said the discussions centred on counter-terrorism collaboration, promoting regional stability, and exploring ways to further strengthen the strategic security partnership between Nigeria and the United States.
“I’m optimistic this engagement will deepen trust, collaboration, and shared commitment to peace and security,” he said.
The meeting took place against the backdrop of heightened diplomatic tensions, following US President Donald Trump’s decision to re-designate Nigeria as a Country of Particular Concern over alleged religious freedom violations, a move that included warnings of potential US military involvement.
The Federal government has consistently rejected allegations of widespread persecution of Christians, emphasising that insecurity impacts citizens across all faiths.
Amid mounting international pressure, the government has continued to seek diplomatic and security assistance from global partners.
On November 20, Ribadu met with US Secretary of War Pete Hegseth at the Pentagon to discuss coordinated strategies aimed at addressing the ongoing security challenges.
On November 27, President Bola Tinubu approved the constitution of the Nigerian side of the US-Nigeria Joint Working Group as part of steps to deepen collaboration in tackling security challenges in the country.
The composition of the group was part of the agreement reached during the recent trip to Washington, DC, by a high-level Nigerian delegation led by the National Security Adviser.
The Presidency, on Sunday night, said acting on the two requests by the authorities of Benin Republic, President Bola Tinubu ordered Nigerian Air Force fighter jets to enter the country and take over the airspace to help dislodge the coup plotters from the National TV and a military camp where they had regrouped.
The Presidency, in a statement by Special Adviser to the President on Information and Strategy, Bayo Onanuga, said President Tinubu commended the swift response of the gallantry of Nigeria’s military.
The statement read: “President Bola Tinubu has commended the gallantry of Nigeria’s military on Sunday for responding swiftly to the request by the Government of Benin Republic to save its 35-year-old democracy from coup plotters who struck at dawn today.
“Acting on two separate requests from the Government of Benin, President Tinubu first ordered Nigerian Air Force fighter jets to enter the country and take over the airspace to help dislodge the coup plotters from the National TV and a military camp where they had regrouped.
“The Republic of Benin, through its Ministry of Foreign Affairs, in a Note Verbal, requested immediate Nigerian air support “in view of the urgency and seriousness of the situation and to safeguard the constitutional order, protect national institutions and ensure the security of the population.”
“In the second request, the authorities in Benin requested the deployment of Nigerian Air Force assets within Beninoise airspace for surveillance and rapid intervention operations under Benin-led coordination.
“The Benin government also requested Nigerian ground forces, “strictly for missions approved by the Beninese Command authority in support of the protection of constitutional institutions and the containment of armed Groups.”
“Nigeria’s Chief of Defence Staff, General Olufemi Oluyede, said all the requests have been fulfilled, with Nigerian ground forces now in Benin.
“Ours is to comply with the order of the Commander-in-Chief of our armed forces, President Tinubu,” he said.
He further stated: “Constitutional order was upended in the Republic of Benin, Nigeria’s neighbour, when some soldiers led by Colonel Pascal Tigri announced a coup on Sunday morning. The putschists seized the National TV and claimed they had toppled President Patrice Talon and suspended all democratic institutions.
“It took some hours before the government’s loyal forces, assisted by Nigeria, took control and flushed out the coup plotters from the National TV.
“In his remarks after the restoration of the democratic and constitutional order, President Tinubu saluted the Nigerian armed forces for standing firm as a protector and defender of democracy.
“Today, the Nigerian armed forces stood gallantly as a defender and protector of constitutional order in the Republic of Benin on the invitation of the government. Our armed forces acted within the ambit of the ECOWAS Protocol on Democracy and Good Governance.
“They have helped stabilise a neighbouring country and have made us proud of their commitment to sustaining our democratic values and ideals since 1999. Nigeria stands firmly with the government and people of the Republic of Benin.”
