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

Popular posts from this blog

Inspiration

Be Inspired! A very poor woman called a radio station asking for help from God. A non-believer who was also listening to this radio program decided to make fun of the woman. He got the woman's address from the radio station and told his secretary to carry a large amount of foodstuff to the woman.  However, he gave the following instruction; "When the woman asks who sent the food, tell her that it's from the devil." When the secretary arrived at the woman's house, the woman was happy and grateful for the help received. She started putting the food packets inside her small house.  The secretary then asked her, "Don't you want to know who sent the food?" The woman replied, "No, I don't care... because when GOD orders, even the DEVIL obeys! Have a blessed day ahead. 🤣😅🤣😅🤣😅🤣 Image: iStock

Grammy's, Global Music Album Category: Angelique Kidjo knocks Femi Kuti, Wizkid And Made Kuti To Win

Beninise singer and songwriter, Angelique Kidjo’s ‘Mother Nature,' wins big at the at the Grammy award, at the 64th edition at the MGM Arena, Las Vegas.  Kidjo, wins the Best Global Music album category at the 2022 Grammys awards. Wizkid, Femi Kuti, and Made Kuti lost out in the two categories, Best Global Music Performance and Best Global Music Album. While the Nigerian music stars lost to Arooj Aftab for her single ‘Mohabbat’ in the Best Global Music Performance, Angelique Kidjo won the Best Global Music Album. The Beninese singer is winning a Grammy for the fifth time in her blooming career. In her acceptance speech, Angelique, proclaimed it is a big win for Africa. The nominations for the category were Angelique Kidjo, Femi Kuti, Made Kuti and Wizkid,

Marilyn Manson, Gets Fined With Community Service, Pleads No Contest To Blowing Nose On Videographer

Marilyn Manson was sentenced to 20 hours of community service and a fine on Monday after pleading no contest to blowing his nose on a videographer at a 2019 concert in New Hampshire. Marilyn Manson The shock rocker, 54, wanted to appear via video for his hearing on the misdemeanor charge, but the judge required him to be in the courtroom in Laconia, about 30 miles north of Concord, the state capital. Manson, whose legal name is Brian Warner, was charged with two misdemeanor counts of simple assault stemming from the encounter with the videographer at the Bank of New Hampshire Pavilion in Gilford on Aug. 19, 2019. Manson pleaded no contest to just the nose-blowing charge in a fully negotiated plea agreement with prosecutors. The prosecutors agreed to dismiss the other charge, which alleged that he spit on the videographer. A no contest plea means Manson is not contesting the charge and does not admit guilt. Manson was fined a little more than $1,400 as part of the deal, with $200 suspen...