Moghalu backs CBN's strategic move to relocate departments to Lagos
In a tweet, he highlighted the necessity due to the overcrowded nature of the bank’s Abuja headquarters, which posed health and safety concerns.
Kingsley Moghalu, the former deputy governor of the Central Bank of Nigeria (CBN) has supported the apex bank’s decision to transfer some of its departments to Lagos.
In a tweet, he highlighted the necessity due to the overcrowded nature of the bank’s Abuja headquarters, which posed health and safety concerns.
“I have seen reports of “disquiet” among some @cenbank staffers over the Bank management’s decision to move some its departments to the CBN Lagos office. I don’t see any serious basis for such “disquiet”.
“A new Lagos Office for the Bank was completed and inaugurated about 12 yrs ago while I was at the Bank. As for as I can remember, it was under-utilized. Meanwhile, the numbers of staff in the Abuja HQ are vastly over the health and safety of limits of the building.
“Moreover, the market entities supervised by the Departments that will move to Lagos are mostly in Lagos. So what’s the problem? Seems a rational decision to me,” he wrote.
