Skip to main content

The relocation of FAAN, CBN offices to Lagos, To reduce expenses’ — FG

The minister of information and national orientation, Mohammed Idris said that the relocation of the Federal Airports Authority of Nigeria (FAAN) headquarters and certain departments of the Central Bank of Nigeria (CBN) to Lagos are not politically motivated. 

Mohammed Idris Malagi

The decision had drawn criticism and support, with Ali Ndume, chief whip of the senate, saying it would have political consequences, but Muhammadu Sanusi, former CBN governor, said it was a sensible move.

In a statement on Sunday, Idris said the allegations were “unfounded”, noting the relocation is a practical step to improve the operational competence and reduce the cost of operation.

He said the relocation was not to marginalise any section of the country.

"It is not true that the relocation to Lagos of the headquarters of the Federal Airports Authority of Nigeria (FAAN), and of certain departments of the Central Bank of Nigeria (CBN), are political moves aimed at marginalizing a section of the country,” Idris said.

“These allegations are unfounded. Instead, these are pragmatic administrative steps to improve operational efficiency and reduce operating costs.”

The minister underscored the federal government’s efforts to mitigate the impact of inflation on citizens through its initiatives like the students’ loan scheme, reduced cost of CNG mass transit buses, and various low-interest loan schemes for businesses.

"Regarding the economy, all relevant ministries and agencies of the federal government are working in coordinated fashion, to bring down inflation, stabilize foreign exchange rates, and create a truly enabling environment for business and investment. The Nigeria that President Tinubu seeks to build is one where no one is left behind,” he said.

"Impactful interventions are being rolled out, including a students’ loan scheme, a presidential initiative to deploy lower-cost CNG mass transit buses to provide alternatives to petrol and diesel, and various low-interest loan schemes for businesses.

“The CNG interventions will bring down the cost of transportation by more than 50 percent. We urge Nigerians to take advantage of these opportunities as they emerge, as they have been designed for the benefit of all.”


Comments

Post a Comment

Type your comments here

Popular posts from this blog

Video Update - Bianca Ojukwu And Willie Obiano's Wife Saga

The Internet is buzzing, there is a media uproar, the media outlets are now giving a clearer version of what happened between the former beauty queen and wife to the late warlord, Bianca Ojukwu and the wife of the former Governor of Anambra State Ebelechukwu Willie Obiano. Fresh stories indicate that Bianca Ojukwu initiated the slap. She slapped Willie Obiano's wife and it is not the other way round as earlier reported. The moment Bianca slapped Obiano’s wife during Soludo’s inauguration happened thus. The scuffle occurred on Thursday at the inauguration of Chukwuma Soludo as governor of the state. Soludo was sworn in at the government house in Anambra. Dignitaries, including Obiano, were already seated when Ebelechukwu Obiano, Willie Obiano's wife stood up from her seat and moved to where Bianca, widow of Chukwuemeka Ojukwu, was seated and spoke to her. Although Ebelechukwu was inaudible, the video showed how Bianca rose and gave her a slap, leading to a commotion. Whichever w...
3 comments
Read more

Attack On Atiku Abubakar's Campaign Convoy In Maiduguri

The People’s Democratic Party  (PDP) and the All Progressives Congress (APC) are trading blame over an attack on the campaign convoy of presidential candidate of the PDP, former Vice President Atiku Abubakar, in Maiduguri. According to ThisDay News, the spokesman of the People’s Democratic Party (PDP)’s Presidential Campaign Team, Dino Melaye alleged that at least 74 persons were hospitalised while several vehicles were vandalised as hoodlums attacked the  attacked the campaig  convoy of Atiku Wednesday. Melaye, made the allegation during the party’s campaign rally in Maiduguri, accusing the All Progressives Congress (APC) of trying to stop PDP’s campaign in the state by deploying thugs to attack them. He said: “They deployed their thugs to attack our convoys with stones, sticks, matchets as we left the Shehu’s Palace to come to the Ramat Square, all in an attempt to stop our rally.” He lamented that the thugs were deployed in many strategic locations to attack the PDP su...
Post a Comment
Read more

You And Your Health

Image Credit: SoundCloud  Today we present some foods that are highly rich in protein. Number 1 GUAVA ● 4.2 grams of the Protein  in every cup. Guava is one of the most protein-rich fruits around. You'll get a whopping 4.2 grams of the stuff in every cup. Number 2 GREEN PEAS                                      Green Peas ● One cup of green peas can give you 8 gm protein.  Green peas are a great source of protein for vegans and vegetarians. Protein rich foods are required for weight loss, build up of muscle mass, reducing appetite and curbing hunger pangs. They are rich in protein. Number 3 LENTILS ● A cup of cooked lentils contains 18 grams of protein. Lentils are an excellent source of B vitamins, iron, magnesium, potassium, and zinc. They’re also a great source of plant-based protein and fiber. This legume is the perfect food as it is high in both protein and fiber. Number 4 ...
Post a Comment
Read more