Senator Ndume Accuses ‘Lagos Boys’ Of Misleading Tinubu To Relocate CBN, FAAN Departments


Senator Ndume Accuses ‘Lagos Boys’ Of Misleading Tinubu To Relocate CBN, FAAN Departments


Senator Ali Ndume, representing Borno South Senatorial district, has alleged that President Bola Tinubu is being misled to relocate to Lagos, some of the departments of the Central Bank of Nigeria (CBN), and the Federal Airports Authority of Nigeria (FAAN).

Ndume, the Chief Whip of the Senate accused ‘Lagos boys’ and ‘political cartels’ of instigating the president to move the departments from Abuja to Lagos.

“All these Lagos boys who are thinking that Lagos is Nigeria are just misinforming and advising the President wrongly”.

“Those political cartels that are in the corridors of power are trying to misinform the President and we will tell the President. The President will take action.

“They are not doing any favour to Mr President because this will have political consequences,” Senator Ndume stated during an interview with Channels Television on Tuesday.

He added;

“We only have one Federal Capital and that is Abuja.

“The regulators of the financial institutions are supposed to be or are in Abuja. Do you want them to move back because you say Lagos is the commercial capital?

“This is one of the mistakes and I’m sure Mr President will reverse it because it doesn’t work. You can’t have two capitals.

“Is the CBN governor going to be operating from Lagos? Or do you now say that because the majority of our oil is extracted from South-South, you take NNPC to South-South?

“Or is it because Nigeria’s agriculture is more in the North, you take Ministry of Agric to anywhere in the North? It doesn’t work that way.”

“I’m very sure and confident that Mr. President will look at this situation because he is a nationalist and not just a Lagos man.”


Some of the CBN departments targeted for relocation are the Banking Supervision, Other Financial Institutions Supervision, Consumer Protection Department, Payment System Management Department, and Financial Policy Regulations Department.

According to the Director of Public Affairs and Consumer Protection, FAAN, Obiageli Orah;

“The Minister (Festus Keyamo) has decided to stop this waste of public resources and rip-off on the public purse.”