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January 25, 2024 Presidency Responds to Queries Over Relocation of FAAN and CBN to Lagos

Presidency Responds to Queries Over Relocation of FAAN and CBN to Lagos

President Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, on Wednesday, said the Bola Tinubu administration was not planning to relocate the Federal Capital of Nigeria back to Lagos, its previous location. It described the insinuations from certain quarters as a creation of those he tagged “mischief-makers” bent on “fueling needless ethnic mistrust” to “pit the North against the South.” This followed the Federal Government’s recent decision to relocate the Department of Banking Supervision of the Central Bank of Nigeria to Lagos and the directive of the Ministry of Aviation and Aerospace Development to relocate the head office of the Federal Airport Authority of Nigeria to Lagos. Nigerians, especially some Northern senators and youths have expressed displeasure over the move, which they contended was a calculated move to short-change the North. The Senator representing Borno South Senatorial, Ali Ndume, further stated in an interview that President Tinubu was being misinformed by “political cartels” to make wrong decisions. He said the President was being ill-advised by “Lagos boys” in the corridors of power, stressing the planned relocation would have “political consequences.” Bayo Onanuga responding responded to the concerns on Wednesday, in a statement dismissed claims that the FCT would be relocated from Abuja to Lagos as being claimed by the mischief makers. “The status of Abuja as the Federal Capital has come to stay. It is backed by law,” Onanuga, said, It argued that the “rumours” were a creation of the administration’s political opponents who failed to prevent Tinubu’s ascent to the Presidency. Onanuga said, “We consider it necessary to inform Nigerians that there is no iota of truth in the interpretations given to the directives in some quarters and the unfounded claims and rumours that President Bola Tinubu is planning to relocate the Federal Capital back to Lagos. “These rumours, which first surfaced during the electioneering last year, were sponsored by political opponents looking for all manners of weapons to prevent Asiwaju Tinubu from being elected as president by a section of the country. “Those behind this renewed sordid narrative, using the recent decision of the CBN and FAAN as a pretext to start another round of toxic opposition, are dishonest ethnic and regional champions, trying to draw attention to themselves.” Onanuga noted that FAAN, an agency of the Ministry of Aviation, was initially headquartered in Lagos before former Minister of Aviation, Hadi Sirika, moved its base to Abuja during the immediate-past administration. He noted that this “does not amount to moving the Federal Capital to Lagos.” “FAAN will still maintain some presence in Abuja. It is not a wholesale movement,” he noted, adding that the administrative move should have ordinarily attracted scant attention, as Lagos is the commercial capital and the hub of aviation business in Nigeria. Similarly, the Presidency said the movement of the Department of Banking Supervision of the CBN to Lagos “should not trigger any discord within the polity,” as the department concerned deals with commercial banks, almost all of which are headquartered in Lagos.
May 13, 2022 “You Cannot Stop Emefiele From Running for President” Court Tells INEC, CBN.

“You Cannot Stop Emefiele From Running for President” Court Tells INEC, CBN.

The Board of Central Bank of Nigeria and Independent National Electoral Commission have been restrained by the Delta State High Court sitting in Kwale division from stopping the CBN governor, Godwin Emiefele from running for the office of the President. The CBN Governor approached the court on May 5, 2022,to obtain an order to enable him to stay in office while contesting for the Presidency, and the judgement was granted on Thursday, May 12. Justice DC Maidoh in a judgement delivered on May 5 granted the order and adjourned the case to May 25. “In the circumstances, in line with order 39 rule 3 of our rules, this motion is hereby granted. The motion on notice is accordingly adjourned to 25/5/2022 for hearing,” the judge said. “The court upon reading through the motion papers and hearing C.N. Ofiah Esq. for the claimants/applicants ordered as follows: I have read the processes in this suit, the applicant has complied with order 39 of our rules. “Applicants also deposed to an affidavit of urgency. From the processes before this court, I find that the said application at this stage has merit pending the hearing and determination of the motion on notice. “In the circumstances, in line with order 39 rule 3 of our rules, this motion is hereby granted. The motion on notice is accordingly adjourned to 25/5/2022 for hearing. The applicant is to enter undertaking if the order sought ought not to have been made.”  

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