Business

“There will be political consequences”, Ndume warns Tinubu over the relocation of CBN, FAAN

The Chief Whip of the Senate, Senator Ali Ndume, has issued a warning to President Bola Tinubu over the plan to relocate some departments of CBN as well as the cooperate headquarters of Federal Airports Authority of Nigeria (FAAN) to Lagos, adding that there will be “political consequences.”


Ndume, who spoke while featuring in an interview with Channels TV, said those behind the decision are “Lagos boys” in Tinubu’s cabinet.


CBN recently issued an internal memo stating its decision to relocate certain offices to Lagos, citing congestion in specific departments. Simultaneously, the government announced plans to move the headquarters of FAAN to enhance operational efficiency and reduce costs.