Categories: EconomyNews

Ndume Sends Warning to President Tinubu Over CBN Relocation

The Chief Whip of the Senate, Senator Ali Ndume has warned that there will be political consequences if President Bola Tinubu fails to reverse the decision of the Central Bank of Nigeria (CBN) to move its key departments from the Federal Capital Territory (FCT) to Lagos State.

You will recall that the CBN had directed the relocation of some units to Lagos in a bid to decongest the Abuja headquarters.

The development has triggered controversy as some Nigerians, particularly Northerners, outrightly rejected the move, insisting that it was a plan to further under-develop the Northern region.

Reacting to the development on Tuesday, Ndume, who represents Borno South, opined that the decision was not well thought out and expressed confidence that it would be reversed

VOP Lagos

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