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

Published

4 months ago

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.

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.

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Dangote Cement places premium on Community engagement, sustainability in Host communities

Published

20 hours ago

on

May 13, 2024

By

Alhaji Aliko Dangote

Dangote Cement Plc, is prioritizing  community engagement, empowerment, and environmental stewardship to sustain its upward trajectory,

The cement manufacturing firm said it believed that true progress is measured not only by economic prosperity but also by the holistic development of all stakeholders.

The Plant Director of Dangote Cement Plc Obajana, Mr. Azad Nawabuddin, who disclosed this during a media chat in Obajana, said that the relationship between Dangote Cement and its host communities and other stakeholders transcends transactional exchanges as it is built on a foundation of trust, mutual respect, and shared aspirations.

“The communities in which we operate are not just beneficiaries; they are our partners in progress,” he affirmed.

While reaffirming the company’s commitment to its host communities, Nawabuddin, who recently moved from the Ibese plant, emphasized that the company would collaborate with key stakeholders in Obajana to implement impactful projects.

He said crucial to the vision is the empowerment of residents through skills development and capacity-building initiatives. “We recognize the importance of equipping community members with the requisite skills to thrive in today’s competitive landscape,” Nawabuddin asserted.

The Dangote Cement boss said this will enhance employability and foster entrepreneurship among youth and women in the host communities.

With a steadfast commitment to corporate social responsibility (CSR) and sustainable development, Nawabuddin outlined initiatives to strengthen the bond between Dangote Cement and the communities. He emphasized that the company views its host communities as partners.

“In terms of community engagement, we will hold meetings to explore avenues for supporting them, including opportunities for businesses and contracts. The communities are integral partners for us. Through dialogue with them, we aim to execute significant projects that will bring them lasting benefits,” he stated.

Nawabuddin also stressed the importance of environmental stewardship and sustainable practices in Dangote Cement’s operations. “We are custodians of the environment, and it is our duty to ensure that our activities leave a positive impact on the ecosystem,” he added.

Nawabuddin explained that in addition to socio-economic development is the importance of addressing security concerns in the host communities. He said through collaborative efforts with law enforcement agencies and community-based initiatives, security risks will be mitigated, and the well-being of residents will be upheld.

“We are working closely with local authorities and community leaders to enhance security measures and create a safe and conducive environment for all,” he added.

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Kano-Kaduna-Abuja Passengers Spent Night In Kaduna Due to Traffic Jam

Published

1 day ago

on

May 13, 2024

By

Some passengers traveling from Abuja to Kano found themselves stranded in Gwanin Gora town, Kaduna State, due to a traffic jam.

An eyewitness and passenger, Dr. Lado Bala, informed NIGERIAN TRACKER that they had been stranded since 3 AM with no indication of movement.

Regarding the cause of the traffic jam, Dr. Bala mentioned that it may be attributed to an unknown accident that occurred further down the road.

As of the time of reporting, no security agency had responded to clear the jam.

The Kano-Abuja-Kaduna Express is a major Nigerian road that links Northern and Southern Nigeria.

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Nigeria Tracker Congratulates Sarkin Bai Mansur Mukhtar On Wedding of His Daughter Amina

Published

2 days ago

on

May 12, 2024

By

The wedding ceremony

 

The management of Nigeria Tracker Communications, publishers of Nigerian Tracker online newspaper, has extended its congratulatory message to the family of Nigeria’s former Minister of Finance and Vice President of the Islamic Development Bank ,Dr Mansur Mukhtar on the wedding of his daughter, Amina Mansur Mukhtar.

This was contained in a statement signed by the Editor-in-Chief and CEO of the leading online newspaper, Abbas Yushau Yusuf.

The wedding fatiha and solemnization which took place in Jeddah, Saudi Arabia, had in attendance family, friends, and well-wishers, with a dowry of $1000.

On behalf of the board of directors of Nigeria Tracker Communications, we wish the couple a happy married life and Allah’s blessings, and success to the entire Sarkin Bai of Kano’s family, Dr. Mansur Mukhtar.

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