CBN Decongests Head Office, Relocates Departments to Lagos Banking supervision, consumer protection, payment system management departments, others affected James Emejo in Abuja The Central Bank of Nigeria (CBN) is set to transfer some of its departments from Abuja to Lagos State, according to an internal memo sighted by THISDAY yesterday.
According to the memo, the departments affected include Banking Supervision; Other Financial Institutions Supervision; Consumer Protection; Payment System Management, and Financial Policy Regulations.
The move, THISDAY learnt, is to decongest the apex bank’s head office. THISDAY gathered that some staff members of the bank have reportedly resisted the transfer, claiming that it is motivated by
sectional bias. However, an official of the CBN who spoke on condition of anonymity, said the transfer of some departments to Lagos is for the safety of the members of staff and their increased productivity.
“If a company with over 500 members of staff in its head office normally sends about 200 of them to go and work in other states and return to the head office, it will be more economical for the company and safer for the affected members
of staff for the company to relocate them fully to go and work in those states. It will also enhance their productivity,” the official explained. The official added that only a few Continued on page 5
Dangote Refinery: Our Diesel, Aviation Fuel will Hit Market This Month… Page 6 Sunday, January 14, 2024 Vol 28. No 10504
www.thisdaylive.com TR
UT H
& RE A S O
N
N500
Tinubu, Shettima Didn’t Interfere in Supreme Court Judgment on Kano Election, Say Yusuf, Kwankwaso Time shall tell if I will join president’s govt, former gov clarifies Verdict has upheld principles of fairness, NNPP insists Chuks Okocha, Juliet Akoje in Abuja and Ahmad Sorondinki in Kano The presidential candidate of the New
Nigeria People’s Party (NNPP) in the 2023 general election, Senator Rabiu Musa, and the Governor of Kano State, Abba Kabir Yusuf have
clarified that President Bola Tinubu and Vice President Kashim Shettima had no hand in the Supreme Court judgment that affirmed the victory
of the governor in the last general election. This is as the NNPP said the verdict of the apex court confirming
Yusuf’s election reflects the court’s Tinubu or anyone else on the outcome commitment to fairness. While Kwankwaso said he did not Continued on page 5 reach an agreement with President
Supreme Court Judgments Fuel Crisis of Confidence in Appeal Court Odinkalu urges president of Appeal Court to resign Other senior lawyers ask NJC to discipline justices involved in miscarriage of justice Plateau govt urged to go to Supreme Court to seek justice for sacked lawmakers Assembly speaker declares Appeal Court-ordered APC members illegitimate Alex Enumah in Abuja and Wale Igbintade in Lagos The Friday judgments of the Supreme Court which overturned the verdicts of the Court of Appeal on the Governorship election petitions cases in Plateau, Kano and Zamfara states have sparked a crisis of confidence in the appellate court, THISDAY has learnt. Delivering the judgments, the apex court had berated some justices of the appellate court over the quality of their judgments in the governorship election petitions brought before them. More intriguing, it was learnt, was the Plateau State governorship petition case, which has caused outrage among some senior lawyers who
lamented that the 11 national and state assembly members sacked by the appellate court’s decisions have no judicial remedy. Outraged by the wrongful verdicts of the Court of Appeal, a former Chairman of the National Human Rights Commission (NHRC), Professor Chidi Anselm Odinkalu has called on the President of the Court of Appeal, Justice Monica Dongban-Mensem to resign her position. While some lawyers have asked the National Judicial Council (NJC) to sanction the judges involved in the miscarriage of justices, others advised the Plateau State government to approach the Supreme Court to Continued on page 5
Afreximbank Confirms Release of $2.25bn of IN HONOUR OF PROPHET MUHAMMAD… President Kashim Shettima (left), and the President General of Jam’iyyatu Ansariddeen and 14th Emir of Kano, Khalifa Muhammadu Sanusi, at the Crude Oil Prepayment Loan to Nigeria... Page8 Vice special prayer organised by the Jam'iyyatu Ansariddeen Attijaniyya of Nigeria in honour of the teachings of Prophet Muhammad in Lagos…yesterday