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Kogi Senator justifies relocation of CBN, FAAN to Lagos, faults criticism by Northern Senators Forum

Freedom Reporter by Freedom Reporter
January 24, 2024
in Breaking News, News
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Senator Karimi Sunday (APC-Kogi) has justified the relocation of some departments of the Central Bank of Nigeria (CBN) and Federal Airports Authority of Nigeria (FAAN) from Abuja to Lagos by the Federal Government.
Sunday, who represents Kogi-West at the National Assembly, stated this in a statement on Wednesday in Abuja.
He faulted criticism by the Northern Senators Forum and Senator Ali Ndume (APC-Borno) over the relocation, saying they were uncalled for.
“For example, the headquarters of 96 per cent of all banks in Nigeria are in Lagos, the staff of the Banking and Supervision Department often travel to Lagos to check their books at the headquarters,” he said.
He added that the relocation would help save cost of running both FAAN and the CBN departments, adding that “Lagos remains the hub of aviation in Nigeria and for operational efficiency, it is better to have FAAN in Lagos.

“What is important to our people in the North and Nigerians as a whole is how decisions of government will affect their lives positively and put food on their table at cheaper prices.
“They are not bothered by any ethnic sentiments on the relocation of offices of federal ministries and agencies.
The Northern Senators Forum (NSF) had on Monday condemned the relocation
The senators called on the Federal Government to consider reversal of the relocated departments or ready to face legal actions.
Suleiman Kawu, the spokesperson of NSF, said this in a statement on Monday in Abuja.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.