No Tangible Reasons To Support Relocation Of Some Departments Of CBN And Parastatals Of Aviation – KADCCIMA

We noticed with great concern the recent development in the country in respect of the directives by the Federal Government to relocate some department of Central Bank of Nigeria as well as some parastatals within the Ministry of Aviation from the Federal Capital Territory to Lagos.

 We see no tangible reasons to support

this development as it does not promote any immediate economic advantage to the country.

As well, we are of the view that Abuja being the capital of Nigeria it should be made to remain so with all the necessary

institutions that will make it function as such.

The reason(s) advanced for the relocation would rather undermine the status of Abuja as the nation’s Federal Capital territory.

Rather than relocating such institutions and departments, the

government should concentrate on provision more infrastructure

in the Federal Capital considering the phenomenal rate of growth

of the city as one of the fastest in the world.

Apart from huge expenditures to be incurred for the exercise , there is a lot of emotional distress and dislocation on the part of affected civil servants and their families.

In addition, the envisaged humongous amount of money the relocation will gulp could be used to fund impactful projects.

What we need now are clear policy and steps to revisit areas that gulp the nations dwindling foreign exchange.

Furthermore, the administration should concern itself with

addressing current economic problems as they continue bedevil

our nation in various areas .in addition high cost of living, widespread poverty, pervasive insecurity, unemployment and

continuous downfall of the Naira against major currencies.

Again, priority should be given to revamping the manufacturing sector

such as automobiles/automotive, agro-allied industries, cotton and textile value chain and other areas in which we have

competitive advantage to produce for both local consumption and export.

In conclusion, we want to advise that Government should always

promote and roll out policies that will unite Nigerians rather than

polarize them.

Esv. Ishaya Idi, fnivs,

President