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

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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.

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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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Independence Day: FG Declares October 1 Public Holiday

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By Yusuf Danjuma Yunusa

The Federal Government has declared Thursday, October 1, 2026, as public holiday to mark Nigeria’s 66th Independence Anniversary.

The Minister of Interior, Dr. Olubunmi Tunji-Ojo, announced the declaration on behalf of the Federal Government in a statement issued on Wednesday by Dr. Magdalene Ajani, Permanent Secretary, Ministry of Interior.

Tunji-Ojo congratulated Nigerians at home and abroad, describing the anniversary as an opportunity to reflect on the country’s journey since independence and its prospects for the future.

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He highlighted Nigeria’s human capital, natural resources and cultural diversity as key national assets, while stressing the importance of peace and stability to the country’s development.

The minister urged Nigerians to emulate the patriotism of the nation’s founding fathers and contribute to building a country that future generations would be proud of.

“As we celebrate 66 years of our independence, we should always remember that there is hope for our country and our diversity is our strength, and our collective determination remains the foundation upon which a stronger and more prosperous nation will be built,” he said.

Tunji-Ojo also called on citizens to use the celebration to promote unity, patriotism, peaceful coexistence and mutual respect.

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Dangote Sponsors Abuja Trade Fair, Features Refinery IPO

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From Left: Co-Founder/Group Executive, ABIS Group Dr. Illiyasu B. Gashinbaki; Deputy Vice President ACCI and former Minister of Foreign Affairs Dr. Aliyu Idi Hong; Cuban Ambassador to Nigeria Miriam Morales Palmero; Perm Sec Ministry of Special Duties and Intergovernmental Affairs Dr. Onwusoro Madura Ihemelandu; Dangote Representative of the Dangote Group Hashem Ahmed; President ACCI Chief Emeka Obegolu; Namibian High Commissioner to Nigeria Mr. Walde Natangwo Ndebashiya; and Mr. Abdulrazaq Sambajo of the Dangote Group, during a visit to the company pavilion at the 21st Abuja International Trade Fair...Tuesday.

 

Dangote Industries Limited (DIL), one of the sponsors of the 21st Abuja International Trade Fair, will spotlight the ongoing Initial Public Offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals (DPRP) during the company’s Special Day.

The Dangote Special Day, scheduled for Friday October 2, will feature a high-level fireside and business interactive session bringing together representatives of Dangote Group, government, the organised private sector and business leaders to examine the transformative role of the Dangote Refinery in Nigeria’s economic development.

According to the company, the interactive session will provide prospective investors, entrepreneurs, business operators and other participants with an opportunity to engage directly with representatives of Dangote Group and gain a better understanding of the refinery’s ongoing IPO and its broader economic significance.

The session, themed “Dangote Refinery, Vision 2030, ACCI and the Economy,” will examine the refinery’s contribution to Nigeria’s energy security, industrialisation, trade, employment generation, taxation and economic growth.

Particular attention will be paid to how increased domestic refining capacity can reduce Nigeria’s dependence on imported petroleum products, conserve foreign exchange, strengthen local value chains and create new opportunities for businesses across the petroleum, petrochemical, logistics, manufacturing and services sectors.

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The IPO will also feature prominently in the discussions, with participants expected to explore how the public offer can broaden participation in the ownership of one of Africa’s most significant industrial assets, deepen Nigeria’s capital market and provide eligible investors with an opportunity to participate in the country’s ongoing industrial transformation.

The fireside session will bring together senior representatives of Dangote Group, the Abuja Chamber of Commerce and Industry (ACCI), the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), government and the wider private sector.

The company said the session would also provide an opportunity to examine Dangote Group’s Vision 2030 and its implications for industrialisation, job creation, local content development, technology transfer, investment and economic diversification.

Beyond the fireside discussion, visitors to the Trade Fair will have the opportunity to engage with the Dangote Group at its pavilion, where the company will showcase a range of products and businesses spanning cement, sugar, salt and seasoning, packaging and other sectors.

Dangote Group’s sustained participation and sponsorship of the Abuja International Trade Fair reflects its continued support for platforms that promote trade, investment, entrepreneurship and stronger linkages between the private sector and government.

The 21st Abuja International Trade Fair, organised by the Abuja Chamber of Commerce and Industry, is expected to bring together hundreds of exhibitors, businesses, investors, policymakers and members of the public, providing a platform for networking, market access, investment promotion and business-to-business engagement.

The company said it looks forward to welcoming participants to the Dangote Special Day and its pavilion to explore the Group’s products, investment opportunities and potential areas of business collaboration.

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15th Emir Of Kano Condemns Destruction Of Governor Yusuf’s Banners, Orders Immediate Replacement

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15th Emir of Kano, Alhaji Aminu Ado Bayero, has expressed displeasure over the destruction of banners bearing the images of the Kano State Governor, Alhaji Abba Kabir Yusuf.

The 15th Emir’s Chief Councillor, Alhaji Aminu Babba Dan’agundi, Sarkin Dawaki Babba, disclosed this while addressing journalists, saying that the Emir had already directed that the damaged banners be repaired.

According to him, 15th Emir Bayero stressed that the traditional institution must remain above partisan politics, saying, “We are fathers of the people, not politicians.” He therefore appealed to the Emir’s supporters and well-wishers to avoid bringing partisan political activities into the affairs of the traditional institution.

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The Sarkin Dawaki Babba also conveyed the 15th Emir’s appreciation to the thousands of supporters men and women, youths and elders who demonstrated their love and loyalty by complying with the government’s directive and accompanying the Emir on foot to his residence at the Nassarawa Palace, despite the heavy rainfall and strong winds.

He said the 15th Emir had no adequate words to express his gratitude to the people for their show of love, patience and solidarity, adding that His Highness prayed that Almighty Allah would reward them abundantly.

The 15th Emir also urged his supporters to continue with prayers, as is customary, for peace, stability and progress in Kano State and Nigeria, as well as abundant blessings and prosperity for the people.

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