More
    HomeNewsPresidency Clarifies: Tinubu Has No Plans to Relocate Federal Capital to Lagos

    Presidency Clarifies: Tinubu Has No Plans to Relocate Federal Capital to Lagos

    Published on

    By Milcah Tanmiu

    The Special Adviser to President Tinubu on Information and Strategy, Bayo Onanuga, has clarified that there is no intention to move the federal capital from Abuja to Lagos. He addressed the recent controversy surrounding the relocation of departments from Abuja to Lagos by CBN and FAAN, emphasizing that this does not signify a move of the Federal Capital Territory (FCT) itself.

    Onanuga dismissed the misrepresentation of the situation, attributing the controversy to what he termed as “dishonest, ethnic, and regional champions.” He explained that FAAN’s move to Lagos, its previous location before being moved to Abuja in the last administration, is merely an administrative adjustment. He highlighted that Lagos, being the commercial capital and a hub for aviation business in Nigeria, is a suitable location for FAAN.

    He stated, “The movement of FAAN will still maintain some presence in Abuja, as it is not a wholesale movement.”

    Addressing the CBN’s move, Onanuga clarified that the relocation of some CBN departments to Lagos, particularly those dealing with commercial banks headquartered in Lagos, should not be a cause for concern. He argued that a regulator should be in proximity to the businesses it regulates.

    Onanuga pointed out the existence of various parastatals not based in Abuja, depending on their mandates. He cited examples like NIMASA in Lagos, NPA in Lagos, and NIWA in Lokoja, emphasizing that opposition to the movement of FAAN and some CBN departments raises questions about the rationale behind the locations of other agencies not based in Abuja.

    Latest articles

    Senator Shehu Sani Urges Nigerians to Support TCN Efforts Amid Grid Collapse

    …As TCN bemoans vandalism in Northern Regions …Unveils SCADA System Senator Shehu Sani, a renowned Nigerian...

    Palestinian Embassy in Nigeria Calls US-Israeli Actions Genocide Amid Gaza Crisis

    By Hosea Parah, Abuja The Embassy of the State of Palestine in Nigeria has condemned...

    Census: Commonwealth Nations Monitoring Group Tasks Governors on Nigeria’s National Population Census advocacy

    ...Commends Nigeria's Preparation for National Census... Charges Regional govts/Stakeholders to support NPC on...

    Miss Nollywood vows to transform movie industry, impact lives across Nigeria

    Olu Samuel, Lokoja Newly crowned Miss Nollywood international beauty Queen, Hassana Ozohu Salisu has drafted...

    More like this

    Senator Shehu Sani Urges Nigerians to Support TCN Efforts Amid Grid Collapse

    …As TCN bemoans vandalism in Northern Regions …Unveils SCADA System Senator Shehu Sani, a renowned Nigerian...

    Palestinian Embassy in Nigeria Calls US-Israeli Actions Genocide Amid Gaza Crisis

    By Hosea Parah, Abuja The Embassy of the State of Palestine in Nigeria has condemned...

    Census: Commonwealth Nations Monitoring Group Tasks Governors on Nigeria’s National Population Census advocacy

    ...Commends Nigeria's Preparation for National Census... Charges Regional govts/Stakeholders to support NPC on...