Sanusi Reacts to Movement of Some CBN Departments to Lagos

News - Women's Perspective

A former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi has backed the relocation of certain departments of the apex bank from Abuja to Lagos.

The 14th Emir of Kano said it was the right thing to do, saying that those against the plan are playing dirty politics.

Sanusi Lamido Sanusi

Reactions have continued to trail the planned relocation of some departments and units to Lagos.

Some northern politicians kicked against the move, warning the president that it would have political consequences.

On his part, Sanusi said in a statement that the relocation is an “eminently sensible move”.

According to him: “Moving certain functions to the Lagos office (which is bigger than the Abuja head office) is an eminently sensible move.”

He said he had it in mind to do the same thing while in office but did not have sufficient time to see it through.

In my mind what I would have done was to move FSS and most of Operations to Lagos such that the two Deputy Governors would be largely operating out of Lagos or, even if they were more in Abuja , the bulk of their operational staff would be in Lagos.

“Economic policy, Corporate services and all the departments reporting to the Governor directly such as Strategy, Audit, Risk management, Governors’ office etc would remain in Abuja.

“It makes eminent strategic sense. And I would have done this if I had stayed.”

He dismissed the opposition against the policy as “absolutely unnecessary” because “The CBN has staff manning its branches and cash offices across the Federation.”