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Disquiet As Cardoso Moves to Return Some CBN Departments to Lagos

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The Central Bank of Nigeria (CBN) has commenced plans to comprehensively “decongest” its head office in Abuja, the nation’s capital.

This initiative, contained in a circular dated January 12, 2023, from the director of the human resources department to all staff is designed to align with building safety standards and enhance office space efficiency.

The move, according to an official of the CBN who spoke on condition of anonymity, is to decongest the apex bank’s head office.

READ ALSO: Cardoso Appears Before NASS, Unveils Projections For 2024

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The memo read in part: “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.

“This initiative aims to ensure compliance with building safety standards and enhance the efficient utilisation of our office.”

“This action is necessitated by several factors, including the need to align the Bank’s structure with its functions and objectives, redistribute skills to ensure a more even geographical spread of talent and comply 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.

“The action plan focuses on optimising the utilisation of other Bank’s premises. With this plan, 1,533 staff will be moved to other CBN facilities within Abuja, Lagos and understaffed branches.

READ ALSO: Ex-SGF Babachir Lawal alleges Cardoso Not Fit To Head CBN

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“Our current occupancy level of 4,233 significantly exceeds the optimal capacity of 2,700 designed for the Head Office building. This overcrowding poses several critical challenges:

“Safety Concerns: The building’s infrastructure was designed for a specific number of occupants. Exceeding this capacity has raised safety concerns, increased health and accident risks – and hinders efficient emergency evacuation.

“Reduced Efficiency: Crowded workspaces are negatively impacting productivity and collaboration. Additionally, overstretched facilities have led to increased maintenance costs.

“Structural Integrity: The building’s integrity can be compromised by exceeding its designed capacity.”

Although some staff members of the bank have reportedly resisted the transfer and claimed that it is motivated by tribal sentiment, the source said it is for their safety and increased productivity.

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