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CBN Relocation: Ali Ndume Predicts Political Consequences

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Senator Ali Ndume Warns of Political Consequences if CBN Relocation Decision Stands

In a recent statement, Senator Ali Ndume, Chief Whip of the Senate, has issued a stern warning about potential political repercussions should President Bola Tinubu fail to reverse the Central Bank of Nigeria’s (CBN) decision to relocate key departments to Lagos State from the Federal Capital Territory (FCT).

The CBN’s move, aimed at decongesting its Abuja headquarters, has ignited controversy, with some Nigerians, particularly Northerners, vehemently opposing the decision, alleging that it could further marginalize the Northern region.

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During an appearance on Channels Television, Senator Ali Ndume, representing Borno South, criticized the decision, expressing confidence that it would be overturned. He emphasized, “And if that does not happen, of course, this is democracy; we know what to do.”

The lawmaker questioned the rationale behind choosing Lagos for relocation, suggesting alternative states like Nasarawa, Kogi, or Kaduna, which are closer to the nation’s capital. He raised concerns about increased costs, citing the additional expenses and risks associated with running operations between Lagos and Abuja.

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Senator Ali Ndume dismissed any attempts to inject tribalism into the issue, asserting his identity as a Northerner and a Nigerian. He warned against misleading the president, highlighting potential political consequences and linking the appointment of the CBN governor to President Tinubu’s election.

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He concluded, “If Tinubu was not elected president, the CBN governor would not be there. It was not Lagos votes that put Tinubu there,” underscoring the political implications tied to the CBN’s controversial decision.

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