Connect with us

News

Shortchanging the North: 1,500 CBN Staff to Resume Duty at Lagos Office on Friday

Published

on

CBN Governor Cardoso

At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office following their redeployment from the headquarters, it was was learned.

A source at the apex bank told our correspondent exclusively that the plan, though heavily criticised, was still in motion, and affected staffers would be resuming on Friday.

Yes, the plan is still on and they will resume work by February 2, which is the first week of next month,” an official said.

The latest development comes on the backdrop of the decision of the new management to relocate some of CBN’s departments to the country’s economic hub for staff safety, increased productivity, and to decongest its head office.

CBN said the action was necessitated by several factors, including the need to align the bank’s structure with its functions and objectives and redistribute skills to ensure a more even geographical spread of talent.

It added that it was also in compliance with building regulations, as indicated by repeated warnings from the facility manager, and the findings and recommendations of the Committee on Decongestion of the CBN Head Office.

Advert

A memo issued to staff read, “This is to notify all staff members at the CBN Head Office that we have initiated a decongestion action plan designed to optimise the operational environment of the Bank.

Although the Northern Elders Forum and some other Northern groups had condemned the move, our correspondent gathered that the CBN governor was committed to implementing it, as it is expected to reduce the  HQ occupancy level to 2,733 personnel from 4,233.

Another source told the said that some of the affected staffers had started relocating to Lagos.

“Some have already gone ahead. Over 80 per cent of the Banking Supervision Department staff have been redeployed and the same for the Payment System Department,” the source hinted.

The NEF had, in a statement, expressed worry over the potential negative impact of relocating those essential departments on both the institution itself and the country as a whole.

The movement would involve increased costs, loss of talent, disruption in operations, reduced coordination, regional economic disparities, impaired economic development in Northern Nigeria, and decreased investor confidence in the nation’s economy.

Therefore, relocating them entirely to Lagos will only serve to further strengthen the already dominant position of Lagos, while potentially weakening the significance and role of Abuja,” it claimed.

More so, the Chief Whip of the Senate, Senator Ali Ndume, warned that there would be “political consequences” if the plan to relocate some departments of CBN as well as the corporate headquarters of Federal Airports Authority of Nigeria to Lagos were implemented.

He said, “Those misleading the President are not doing him any good because this is going to have some political consequences. If Tinubu were not elected president, the CBN governor would not be there. It was not Lagos votes that put Tinubu there.”

Northern senators and youths also expressed displeasure over the move, which they claimed was a calculated move to short-change the North.

Punch

News

President Tinubu Counters Police Academy in Kano, Establishes New Campus in Ogun

Published

on

 

President Bola Ahmed Tinubu has approved the establishment of a new campus of the Police Academy in Erinja, Yewa South Local Government Area in Ogun State.

A statement by Bayo Onanuga
Special Adviser to the President,
Information & Strategy, says President Tinubu also approved a special take-off grant of N15billion for the college.

The President’s approval was in fulfilment of the provisions of the Nigeria Police Academy (Establishment) Act, 2021, particularly with respect to the expansion of the Police Academy based in Wudil, Kano state, into multiple campuses across the country.

Advert

The intervention fund will be sourced from the TetFund 2026 allocation to finance priority infrastructure, academic facilities, student accommodation, and core training assets.

A high-level consultative meeting involving the Minister of Police Affairs, the Minister of Education, Dr Tunji Alausa, officials of the Federal Ministry of Education, the Inspector-General of Police and the Executive Secretary of the National Universities Commission (NUC) recommended the siting of the new campus in Erinja.

The meeting considered student intake capacity, funding realities, academic quality assurance, and the long-term needs of the Nigerian Police Force, which is currently recruiting more men.

President Tinubu believes the expansion will strengthen institutional governance, modern policing education and national security.

Continue Reading

News

Retired Police Storm Villa Gate, Call Contributory Pension Scheme a ‘Killer Disease’

Published

on

 

By Yusuf Danjuma Yunusa

Retired police personnel and their families, under the umbrella of the Police Retired Officers Forum of Nigeria, on Monday blocked one of the gates of the Presidential Villa, Abuja, in protest.

The retirees are demanding the removal of the Nigeria Police Force from the Contributory Pension Scheme, which they described as “fraudulent, illegal, inhumane and obnoxious.”

Protesters carried placards reading “End CPS,” “If military, DSS were removed from PENCOM, why not police?” while many were chanting, “Police dey work, PenCom dey chop.”

They said the protest was aimed at urging President Bola Tinubu to assent to the Police Exit Bill passed by the National Assembly on December 4, 2025, and transmitted to the Presidency on March 16, 2026.

Advert

According to them, the bill, if signed into law, would exempt police personnel from what they called a “slavery and untimely death-inducing pension scheme.”

Speaking in a video of the protest posted by Channels Television, a retired ASP, Nurudeen Dahiru, said, “We are not begging anybody. We have come to fight for our rights. We have suffered.

“We are not here to fight anybody. We are just here to demand for our rights. We have served for 35 years.

“According to the Constitution of the country, when you serve your country for 35 years, you should go home and rest. But see us suffering now. We are not able to take care of our children.

“We have no food to eat. We are dying. Silent killing. So this contributory pension scheme is a killer disease. 35 years is not easy. We are not here to fight anybody.”

Another retired officer said, “We don’t have anything to train them. As I retired 20 years ago, how much are they paying me?

“It is 24,000 that I am paying you because I retired with the inspector. So they have to sign our bill and give us all our money.

“So that somebody can use it for something. You can buy a house. And then now we don’t have a house.

“How can an ASP, a DSP, a CP retire and they are paying him how much? No, no, no. Enough is enough. It is a do or die. Even if some people are killed today, others are coming.”

Speaking to reporters, the National Coordinator of the Police Retired Officers Forum of Nigeria, CSP Raphael Irowainu (retd), who led the protest, said the group was at the Villa to press for the President’s assent to the bill exiting the police from the CPS.

Continue Reading

News

Court Admits Nine Exhibits Against Malami and Family

Published

on

 

By Yusuf Danjuma Yunusa

A Federal High Court sitting in Maitama, Abuja and presided over by Justice Joyce Abdulmalik on Monday, April 20, 2026 admitted nine exhibits against a former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, alongside his wife, Hajia Bashir Asabe, and his son, Abubakar Abdulaziz Malami.

The exhibits were presented before the court by the Economic and Financial Crimes Commission, EFCC, in its ongoing trial of the former Minister and some family members.

The EFCC is prosecuting the defendants on an amended 16-count charge bordering on conspiracy, procuring, disguising, concealing and laundering proceeds of unlawful activities to the tune of N8,713,923,759.49 (Eight Billion, Seven Hundred and Thirteen Million, Nine Hundred and Twenty-Three Thousand, Seven Hundred and Fifty-Nine Naira, Forty-Nine Kobo), contrary to the provisions of the Money Laundering (Prevention and Prohibition) Act, 2022.

The exhibits, which are documentary in nature, were tendered through the fourth prosecution witness, Mashelia Arhyel Bata, a compliance officer with Zenith Bank Plc.

Led in evidence by prosecution counsel, J. S. Okutepa, SAN, the witness told the court that, in the course of his official duties, he received correspondence from the EFCC requesting documents relating to several accounts linked to the defendants and associated entities.

“I work as a compliance officer with Zenith Bank, Maitama branch. My duty includes receiving correspondence from law enforcement agencies and responding accordingly,” he said.

Advert

Bata further disclosed that the bank complied with EFCC’s requests by providing both soft and hard copies of documents relating to accounts belonging to the defendants and companies such as Rayhaan Hotels Limited, Rayhaan Bustan Agro Allied Limited, Nashab Limited, Golden Age Global Ventures, and Rahamaniyya Properties Limited.

“My lord, the documents are nine,” he stated, confirming his ability to identify them when presented in court.

Upon application by Okutepa, the court admitted the documents, dated between July 19, 2024 and March 12, 2026, as Exhibits D1 to D9, despite an initial objection by defence counsel, J. B. Daudu, SAN, who noted that “the dates are almost all in March.”

Continuing his testimony under further examination by prosecution counsel, Ekele Iheanacho, SAN, the witness provided details of transactions contained in the exhibits.

He identified Exhibit D1 as containing account opening documents and statements for accounts belonging to Abubakar Malami and A.A. Malami & Co, including a naira account and a dollar account.

According to him, the statement of account for one of the accounts covered the period from January 1, 2012 to December 31, 2023.

The witness confirmed that the accounts were active between 2015 and 2023, noting that “there were transfers within that period.”

He further revealed that total credits into one of the accounts stood at N383,637,21.55 between January 1, 2016 and December 31, 2023, while total credits from January 1, 2012 to December 31, 2015 amounted to N560,506,465.12.

On debits, he stated that N384,322,120.85 was recorded between 2016 and 2023, while N571,891,174.08 was debited between 2012 and 2015.

Giving further breakdown of transactions, the witness told the court that on November 11, 2020, the account received N194,791,608.00 from New Horizons Limited, and on June 24, 2022, it received N622,500,000.00 from Rayhaan Bustan Agro Allied Limited.

He added that on July 1 and July 7, 2022, the account received N250 million each from Rayhaan Hotels Limited, while on December 22, 2022, there was an inflow of N500 million linked to Rayhaan Bustan Agro Allied Limited.

Continuing in that format, the witness identified so many transactions running into billions.

Following the testimony, the defence counsel, J.B Daudu SAN sought an adjournment to enable him study the exhibits and prepare for cross-examination.

“My lord, we need time to go through the nine exhibits tendered,” Daudu said.

Justice Abdulmalik subsequently adjourned the matter till May 13, 2026, for continuation of trial.

Continue Reading

Trending