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He Delivered Only OnePlateau’s 96-Year-Old Takkas Bridge Remains Fragile Despite FG’s N200m Allocation in 2024Through Katsina’s Kidnapping Routes: How Terrorists Strike and EscapeEXPLAINER: How FG Gets Away With Paying ‘Corpers’ N37,000 Less Than Minimum WageNigerians Slam Finance Minister, SEC for Holding Ribbon Cutting to Launch PodcastVIDEO: ‘I Don’t Know What the Story Is About’, Akpabio Supporter Tells InterviewerKenya Airways Refunds Lagos Resident’s N101,000 After FIJ’s InterventionInvestors Lose Thousands, Maybe Millions of Dollars to Jesam Michael’s AASUPDATED: Akpoti-Uduaghan Petitions Senate on ‘Sexual Harassment’ ClaimsJUST IN: Akpoti-Uduaghan Petitions Senate on ‘Sexual Harassment’ ClaimsUI Law Student Samuel Omofala Wins 7th ‘Fisayo Soyombo Intervarsity Essay ContestTinubu Gives JRB, Known for Poor Project Delivery, N147.9bn to Fix Oyo-Ogbomoso RoadUPDATED: Udom Emmanuel in EFCC Net Over N700bn FraudEnugu Policemen Grabbed Radiographer Off Road, Christened Him ‘Yahoo Boy’ to Steal His N551,500Air Peace Abruptly Cancels Journalist’s Flight, Delays N220,000 RefundInspector John Taka Assaults Corps Member, Fasting Tricyclist in Plateau3 Kwara SUBEB Officials on Trial for Fresh N96m Fraud Were Once Suspended for 2020 Ghost Workers ScandalAfter FIJ’s Story, NIS Delivers Lagos Man’s Passport Delayed for 2 MonthsBajaj Boxer Bounty Makes Motorcyclists Unsafe in Rural NigeriaREPORT: Asian Man Stole Nigerians’ BVNs, Used Them to Launder N400mPoliceman Gerald Udechukwu Refuses to Refund N10.5m to Abuja Car Buyer Who Found No VIN or ABS in Hilux36 Months On, Sanwo-Olu Can’t Share Opebi-Mende-Ojota Bridge Completion Date‘Ex-Convict’ Akindele Ikupoluyi Rents Out Sinking Buildings Despite Imminent Collapse — And Lagos Is WatchingAutopsy Indicates Toddler Drowned in Lagos School, Suspects Await DPP AdviceUPDATED: Meranda Bows to Pressure, Resigns as Lagos SpeakerAir Peace Withholds Kano Resident’s N597,500 Refund for 6 MonthsLagos Man Paid NIS N5,000 for Passport Delivery. They Refused to Deliver or RefundAfter FIJ’s Story, Olumodimu Brothers Pay N400,000 Debt to Lagos TailorKidnappers Make N46.1m From Abducting NYSC Members in 2 YearsOPay Withholds Ibadan Woman’s N90,000 Erroneous Transfer Despite 2-Month-Old Court OrderKPMG’s Choice Lucian Chukwu Outshone 51 Candidates for Admiralty University VC, But Registrar Wants CBN OgbogboJUST IN: Afenifere Youth President Freed After 12 Days in CaptivityTwo UK Policemen to Be Questioned for Failing to Prevent Nigerian Woman’s DeathAuthorities Let Rumours Fly as Kidnapped General Spends 4th Week in CaptivityPolice Make No Arrest 3 Days After Kazeem Oriade, Gunmen Attacked Osun TownFG, Katsina Mute 48 Hours After Hisbah Ordered Statewide School ClosureEXPLAINED: Nigerian Banks’ March 1 Email — Who Pays What, Where?Olusegun Ayokunle Olumodimu Refuses to Pay Lagos Tailor N268,519 Balance 3 Weeks After Collecting ClothesHundreds of Air Peace’s Abuja-Lagos Passengers Sleep at Airport Overnight After Multiple Postponements of 2 FlightsSPOTTED: NASS Quietly Increases 2025 Budget by N170bn Through Service Wide VoteUK-Based Nigerian Paid BDC Operator N1.98m for £1,000. He Failed to Deliver, Stopped CommunicatingLagos Lecturer Bags Life Sentence for RapeAkpoti Accuses Akpabio of Making Repeated Suggestive Remarks to HerAnother Nigerian Wants £9,000 Back from ‘Oluomo of Derby’ Over Failed CoS DealPassengers Stranded as Air Peace Moves Abuja–Lagos Flight 3 Times in 24 HoursLagos Lawmaker Confirms APC Leadership’s Involvement in Speaker TussleLagos Customer’s N53,000 Missing Between GTB, Wema, Baxi for 5 MonthsIreland Names Fifth Suspect in Asylum-Seeking Nigerian’s Murder CaseFUOYE Panel Gets Additional 3 Weeks to Present Sexual Harassment Report on VC FasinaNAFDAC Silent 7 Weeks After ‘Inviting’ Chinese Supermarket That Sold Expired, Unwholesome Products to NigeriansAfter FIJ’s Story, Oluomo of Derby Refunds Nigerian Vet’s £7,000Everything DSS Detainee Usman Okai Said About Kogi Gov OdodoEx-NDDC Boss Joy Nunieh Recalls How She ‘Slapped Akpabio for Sexual Harassment’He Won His Case but Not His Life. The Lagos Engineer Who Died on the Day Court Invalidated His SackOluomo of Derby Owes Nigerian Vet £7,000 Refund 17 Months After Failed CoS DealPolice Arrested Lagos Resident. 24 Hours Later, He Wound Up DeadJTF Killed FUDMA Student on Bike. Protest, Shutdown Followed3 Months Later, Marela Sky Travels Yet to Refund Lagos Man’s N496,000‘Get Ready to See Your Obituary’, FCCPC-Approved Cashrun Threatens BorrowerLess Than 24 Hours After FIJ’s Story, MTN Restores Ekiti Resident’s 1.49TB DataJUST IN: Auxiliary Nurse to Face Charges Over Mohbad’s DeathABANDONED: Orelope-Adefulire’s OSSAP-SDGs Office Built 3 Buildings in 2022. 3 Years After, No One Has Used ThemMTN Can’t Explain Where Ekiti Resident’s N150,000 Data Went Days After SubscriptionKaduna Woman Stranded in Lagos for 4 Days Because Air Peace Keeps Postponing Her FlightFACT-CHECK: Peter Obi Deleted X Post About ‘Father Figure’ Babangida?‘Canadian Immigration Consultant’ Adaku Asinobi-Metu Took Over N200m From Clients, Blocked Them, Then VanishedDana Air Yet to Refund Abuja Resident’s N73,080 for Flight Cancelled 10 Months AgoAfter FIJ’s Story, Ibom Air Refunds N466,050 to Abuja ManUS-Based Nigerian Teenager Dies ‘After Taking Part in Dangerous Social Media Challenge’FLASHBACK: Buhari on Knowing Babangida Was Planning to Overthrow HimLagos Couple Paid N230,000 But Never Got Passports for 7 Months. NIS Gave Them 4 Days After FIJ’s StoryPer Nigerian Law, Dadiyata Has One Year Till He’s Presumed DeadHow UBA’s Delayed Action Cost PoS Agent N900,000 After Erroneous Transfer‘We Stand by Our Bloody August Report’, Says Amnesty International 5 Weeks After Police ThreatSPOTLIGHT: From Bitter Enemies to Co-Founders of Interfaith Org… How Nigerian Imam, Pastor Won £50,000 Commonwealth Peace PrizeGun-Wielding Lagos Policemen Break Into Man’s House in Mufti, Kidnap HimFidelity Bank Yet to Return Lagos Woman’s N554,256 That Vanished From Its ATM 6 Months AgoWema Bank Helps Fraudster Slip Away by Ignoring Court Order, Police ReportNiger Resident Paid Hybrid Eco Solar N15,900 for Stove. 3 Weeks Later, No DeliveryIbom Air Withholds Abuja Businessman’s N416,100 Refund for 6 WeeksEKEDC Yet to Give Lagos Neighbourhood New Transformer 4 Months After NERC Order‘Cheap and Foolish Insinuation’ — IBB on ‘Involvement’ in Dele Giwa’s AssassinationAfter FIJ’s Story, Aero Contractors Refunds Civil Servant’s N69,000 Withheld for 10 MonthsKidnappers Demand N100m Ransom Within 48 Hours for Afenifere Youth Leader’s LifeStudents Decry Inconsistent NELFUND Loan Disbursements, Interests‘House Agent’ Isaac Kunle Olagunju Swaps Lagos Couple’s N250,000 Rent for Crooked CollateralWorld Social Justice Day: What Injustice Looks Like in NigeriaHow Lagos Laws Let Landlords Increase Rent Without RestraintSPOTTED: Police Ministry Spending N60.4m to Assess Barracks, N67m for ‘Cooperation’ With Security AgenciesAkpabio’s ‘Take Her Out’ Order, Akpoti’s Claims Reveal Senate President’s Bullying BehaviourStelmat Nigeria Withholds Lagos Investor’s N2m Capital, Profits for 4 YearsSmuggler ‘Ope Ilashe’ Is in Police Custody Over Assassination of FIJ’s Witness. But This Is Not His First Murder CaseTravel Agency CEO Maryam Alkali Fails to Refund Kano Client’s N1.35m on Valentine’s Day DeadlineCourt Strikes Out FUOYE VC’s Defamation Case Against Ex-LecturerCourt Rejects Charges From FUOYE VC’s Defamation Petition Against Ex-Lecturer‘Alat by Wema’ Fraudster Steals Plateau Woman’s N102,000Lekki Scheme II Residents Protest EKEDC’s 4-Hours-in-2-Days Power SupplyAfter FIJ’s Intervention, PoS Agent Recovers N600,000 Stuck Between OPay, eTranzactNigerians Bribe Officials to Modify Data Following NIMC Website Frustrations
Sun. Mar 16th, 2025
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They Refused to Deliver or RefundAfter FIJ’s Story, Olumodimu Brothers Pay N400,000 Debt to Lagos TailorKidnappers Make N46.1m From Abducting NYSC Members in 2 YearsOPay Withholds Ibadan Woman’s N90,000 Erroneous Transfer Despite 2-Month-Old Court OrderKPMG’s Choice Lucian Chukwu Outshone 51 Candidates for Admiralty University VC, But Registrar Wants CBN OgbogboJUST IN: Afenifere Youth President Freed After 12 Days in CaptivityTwo UK Policemen to Be Questioned for Failing to Prevent Nigerian Woman’s DeathAuthorities Let Rumours Fly as Kidnapped General Spends 4th Week in CaptivityPolice Make No Arrest 3 Days After Kazeem Oriade, Gunmen Attacked Osun TownFG, Katsina Mute 48 Hours After Hisbah Ordered Statewide School ClosureEXPLAINED: Nigerian Banks’ March 1 Email — Who Pays What, Where?Olusegun Ayokunle Olumodimu Refuses to Pay Lagos Tailor N268,519 Balance 3 Weeks After Collecting ClothesHundreds of Air Peace’s Abuja-Lagos Passengers Sleep at Airport Overnight After Multiple Postponements of 2 FlightsSPOTTED: NASS Quietly Increases 2025 Budget by N170bn Through Service Wide VoteUK-Based Nigerian Paid BDC Operator N1.98m for £1,000. He Failed to Deliver, Stopped CommunicatingLagos Lecturer Bags Life Sentence for RapeAkpoti Accuses Akpabio of Making Repeated Suggestive Remarks to HerAnother Nigerian Wants £9,000 Back from ‘Oluomo of Derby’ Over Failed CoS DealPassengers Stranded as Air Peace Moves Abuja–Lagos Flight 3 Times in 24 HoursLagos Lawmaker Confirms APC Leadership’s Involvement in Speaker TussleLagos Customer’s N53,000 Missing Between GTB, Wema, Baxi for 5 MonthsIreland Names Fifth Suspect in Asylum-Seeking Nigerian’s Murder CaseFUOYE Panel Gets Additional 3 Weeks to Present Sexual Harassment Report on VC FasinaNAFDAC Silent 7 Weeks After ‘Inviting’ Chinese Supermarket That Sold Expired, Unwholesome Products to NigeriansAfter FIJ’s Story, Oluomo of Derby Refunds Nigerian Vet’s £7,000Everything DSS Detainee Usman Okai Said About Kogi Gov OdodoEx-NDDC Boss Joy Nunieh Recalls How She ‘Slapped Akpabio for Sexual Harassment’He Won His Case but Not His Life. The Lagos Engineer Who Died on the Day Court Invalidated His SackOluomo of Derby Owes Nigerian Vet £7,000 Refund 17 Months After Failed CoS DealPolice Arrested Lagos Resident. 24 Hours Later, He Wound Up DeadJTF Killed FUDMA Student on Bike. Protest, Shutdown Followed3 Months Later, Marela Sky Travels Yet to Refund Lagos Man’s N496,000‘Get Ready to See Your Obituary’, FCCPC-Approved Cashrun Threatens BorrowerLess Than 24 Hours After FIJ’s Story, MTN Restores Ekiti Resident’s 1.49TB DataJUST IN: Auxiliary Nurse to Face Charges Over Mohbad’s DeathABANDONED: Orelope-Adefulire’s OSSAP-SDGs Office Built 3 Buildings in 2022. 3 Years After, No One Has Used ThemMTN Can’t Explain Where Ekiti Resident’s N150,000 Data Went Days After SubscriptionKaduna Woman Stranded in Lagos for 4 Days Because Air Peace Keeps Postponing Her FlightFACT-CHECK: Peter Obi Deleted X Post About ‘Father Figure’ Babangida?‘Canadian Immigration Consultant’ Adaku Asinobi-Metu Took Over N200m From Clients, Blocked Them, Then VanishedDana Air Yet to Refund Abuja Resident’s N73,080 for Flight Cancelled 10 Months AgoAfter FIJ’s Story, Ibom Air Refunds N466,050 to Abuja ManUS-Based Nigerian Teenager Dies ‘After Taking Part in Dangerous Social Media Challenge’FLASHBACK: Buhari on Knowing Babangida Was Planning to Overthrow HimLagos Couple Paid N230,000 But Never Got Passports for 7 Months. NIS Gave Them 4 Days After FIJ’s StoryPer Nigerian Law, Dadiyata Has One Year Till He’s Presumed DeadHow UBA’s Delayed Action Cost PoS Agent N900,000 After Erroneous Transfer‘We Stand by Our Bloody August Report’, Says Amnesty International 5 Weeks After Police ThreatSPOTLIGHT: From Bitter Enemies to Co-Founders of Interfaith Org… How Nigerian Imam, Pastor Won £50,000 Commonwealth Peace PrizeGun-Wielding Lagos Policemen Break Into Man’s House in Mufti, Kidnap HimFidelity Bank Yet to Return Lagos Woman’s N554,256 That Vanished From Its ATM 6 Months AgoWema Bank Helps Fraudster Slip Away by Ignoring Court Order, Police ReportNiger Resident Paid Hybrid Eco Solar N15,900 for Stove. 3 Weeks Later, No DeliveryIbom Air Withholds Abuja Businessman’s N416,100 Refund for 6 WeeksEKEDC Yet to Give Lagos Neighbourhood New Transformer 4 Months After NERC Order‘Cheap and Foolish Insinuation’ — IBB on ‘Involvement’ in Dele Giwa’s AssassinationAfter FIJ’s Story, Aero Contractors Refunds Civil Servant’s N69,000 Withheld for 10 MonthsKidnappers Demand N100m Ransom Within 48 Hours for Afenifere Youth Leader’s LifeStudents Decry Inconsistent NELFUND Loan Disbursements, Interests‘House Agent’ Isaac Kunle Olagunju Swaps Lagos Couple’s N250,000 Rent for Crooked CollateralWorld Social Justice Day: What Injustice Looks Like in NigeriaHow Lagos Laws Let Landlords Increase Rent Without RestraintSPOTTED: Police Ministry Spending N60.4m to Assess Barracks, N67m for ‘Cooperation’ With Security AgenciesAkpabio’s ‘Take Her Out’ Order, Akpoti’s Claims Reveal Senate President’s Bullying BehaviourStelmat Nigeria Withholds Lagos Investor’s N2m Capital, Profits for 4 YearsSmuggler ‘Ope Ilashe’ Is in Police Custody Over Assassination of FIJ’s Witness. But This Is Not His First Murder CaseTravel Agency CEO Maryam Alkali Fails to Refund Kano Client’s N1.35m on Valentine’s Day DeadlineCourt Strikes Out FUOYE VC’s Defamation Case Against Ex-LecturerCourt Rejects Charges From FUOYE VC’s Defamation Petition Against Ex-Lecturer‘Alat by Wema’ Fraudster Steals Plateau Woman’s N102,000Lekki Scheme II Residents Protest EKEDC’s 4-Hours-in-2-Days Power SupplyAfter FIJ’s Intervention, PoS Agent Recovers N600,000 Stuck Between OPay, eTranzactNigerians Bribe Officials to Modify Data Following NIMC Website Frustrations
Sun. Mar 16th, 2025

Sanusi backs relocation of CBN units and departments to Lagos

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Former Central Bank of Nigeria(CBN) Governor Sanusi Lamido Sanusi has thrown his weight behind the decision to relocate some departments of the apex bank from Abuja to Lagos. According to him, it was the right thing to do and had no political undertone to it. There have been criticisms in some quarters since the CBN announced the relocation of some departments and units to Lagos. Some northern politicians kicked against the move, warning it would have political consequences. However, in a statement released, Sanusi who was sacked as CBN governor in April 2014 by then President Goodluck Jonathan, said the relocation is an eminently sensible move. Moving certain functions to the Lagos office ( which is bigger than the Abuja head office) is an eminently sensible move. 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. Moving staff to the Lagos office to streamline operations and make them more effective and reduce cost is a normal prerogative of management. The problem we have now is that many employees are children of politically exposed persons and their Abuja life and businesses are more important than the CBN work. The CBN is just an address for them and if they have to choose between their spoilt Abuja life and the job, they would gladly leave the CBN.  All the more reason for the Governor to put his foot down and get rid of those elements that are dangerous for the banks future. The question of locating functions is a STRATEGIC and not a tactical one. A proper analysis should be done to identify which roles are best suited to Lagos and which to Abuja.  Once the logic is clear the people then follow. Non-communication of strategic intent opens the door to mischievous misrepresentation and arbitrariness. I dont like the idea of arguing that the office structure can not handle the staff numbers. I am sure Julius Berger would refute that if they wanted to engage. On how the relocation of staff should be done, he suggested; Individual situations should be considered. As much as possible we should be empathetic. For example, young mothers with kids in school who do not need to move can be prioritised to stay in Abuja or those with medical conditions etc. He advised the CBN not to bend to political pressure, saying it must push through decisions no matter how tough. My advice to the Governor is to go ahead with his policy. Once the CBN starts bending to political pressure on one thing it will continue doing so. Northern politicians will shout that this is moving from Abuja to Lagos. Abuja is a federal capital, not a northern issue. So long as this is a principled decision the noise should be ignored. When I was about to license Jaiz Bank there was a lot of religious noise from CAN etc. Even enlightened people like Okey Emelamah were going to sue me to court on religious grounds. I ignored it and licensed the bank. Nothing happened.  A Christian Governor after me licensed at least two more non-interest banks. No one is even noticing again.  Ethnic and religious bigots will always shout. The CBN should rise above it and just do what needs to be done. It is a very unpopular and difficult job and the Governor needs to be tough. The post Sanusi backs relocation of CBN units and departments to Lagos appeared first on Ringroad.com.ng Your Free Online Search Engine .

    • Michael Andeyin

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