{"id":107585,"date":"2024-01-18T11:03:28","date_gmt":"2024-01-18T10:03:28","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos"},"modified":"2024-01-18T13:18:49","modified_gmt":"2024-01-18T12:18:49","slug":"northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos","title":{"rendered":"Northern elders kick against mass transfer of CBN staff to Lagos"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Northern Elders Forum, NEF, has cautioned the Central Bank of Nigeria, CBN, against relocating some key departments from Abuja to Lagos State, stressing that such movement would lead to brain drain.<\/p>\n

NEF said such a movement would lead to a temporary disruption in CBN\u2019s operations that could negatively impact the bank\u2019s performance and efficiency.<\/p>\n

The Director of Publicity and Advocacy of NEF, Abdul-Azeez Suleiman, said the relocation would lead to an increased cost, reduced coordination, regional economic disparities, impaired economic development in northern Nigeria, among others.<\/p>\n

A statement by Suleiman reads partly: \u201cIt would require significant financial investment as the CBN would need to allocate funds for setting up new offices, purchasing or leasing properties, relocating employees, and other infrastructural requirements.<\/p>\n

\u201cThis would strain the CBN\u2019s budget and divert resources away from other essential functions and initiatives.<\/p>\n

\u201cMoving key departments to Lagos may lead to a loss of skilled employees who are unable or unwilling to relocate. This brain drain could negatively impact the CBN\u2019s performance and efficiency.<\/p>\n

\u201cRelocation would lead to a temporary disruption in the CBN\u2019s operations.<\/p>\n

\u201cEmployees would need time to adjust to their new surroundings, potentially causing delays in decision-making and implementation.\u201d<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Northern Elders Forum, NEF, has cautioned the Central Bank of Nigeria, CBN, against relocating some key departments from Abuja to Lagos State, stressing that such movement would lead to brain drain. NEF said such a movement would lead to a temporary disruption in CBN\u2019s operations that could negatively impact the bank\u2019s […]<\/p>\n","protected":false},"author":84,"featured_media":107584,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,503,206,254],"class_list":["post-107585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-cbn","tag-lagos","tag-nigeria"],"yoast_head":"\nNorthern elders kick against mass transfer of CBN staff to Lagos - Nigeria<\/title>\n<meta name=\"description\" content=\"The Northern Elders Forum, NEF, has cautioned the Central Bank of Nigeria, CBN, against relocating some key departments ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Northern elders kick against mass transfer of CBN staff to Lagos\" \/>\n<meta property=\"og:description\" content=\"The Northern Elders Forum, NEF, has cautioned the Central Bank of Nigeria, CBN, against relocating some key departments ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-18T10:03:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-18T12:18:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/01\/sm_1705563829.984778.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Northern elders kick against mass transfer of CBN staff to Lagos\",\"datePublished\":\"2024-01-18T10:03:28+00:00\",\"dateModified\":\"2024-01-18T12:18:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos\"},\"wordCount\":225,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/01\/sm_1705563829.984778.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"CBN\",\"Lagos\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/northern-elders-kick-against-mass-transfer-of-cbn-staff-to-lagos\",\"name\":\"Northern elders kick against mass transfer of CBN staff to Lagos - 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