Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has described those opposing the move to relocate some departments of the apex bank to Lagos State are children of politicians who prioritise their lifestyles and businesses in Abuja over their work at the bank.
The former CBN gov was speaking in reaction to the ongoing uproar that has trailed the proposed relocation of five CBN departments from the head office in Abuja to Lagos.
Throwing his weight behind the move, Sanusi referred to those opposing the move as “dangerous for the bank’s future” and emphasised the importance of putting the bank’s interests before personal attachments to Abuja.
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The former CBN Governor alleged that many employees are children of politically exposed individuals, who prioritise their lifestyles and businesses in Abuja over their work at the bank.
He believed that relocating certain functions to the larger Lagos office would streamline operations, making them more effective and reducing costs.
Sanusi suggested that the Financial Systems Stability (FSS) department and most of Operations should be moved to Lagos with the two Deputy Governors operating primarily from there.
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He also recommended that departments reporting directly to the Governor such as Economic Policy, Corporate Services, Strategy, Audit, Risk Management, and the Governor’s Office, remain in Abuja.
Sanusi argued that the CBN’s decision to relocate certain departments to Lagos was a strategic one that required proper analysis to determine which roles were better suited to each location. He stressed the importance of clear communication regarding the strategic intent to avoid misrepresentation and arbitrariness.
Sanusi also called for individual situations to be considered, showing empathy toward young mothers with children in school or those with medical conditions
