By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

President Tinubu says no plan to relocate federal capital to Lagos

Last updated: January 24, 2024 10:31 pm
1 year ago By Mwuese Igonor
Share
2 Min Read
AIT-IMAGES President Bola Tinubu
President Bola Tinubu

The special adviser to the president on information and strategy, Bayo Onanuga says the federal government has no plans to relocate the federal capital back to Lagos.

Onanuga said in a statement that “mischief-makers, bent on fueling needless ethnic mistrust, have deliberately misinterpreted the decision of the Central Bank of Nigeria to relocate its Department of Banking Supervision to Lagos and the directive of the Ministry of Aviation and Aerospace Development that the Federal Airport Authority of Nigeria(FAAN) should relocate its head office back to Lagos.”

He said the presidency considers it necessary to inform Nigerians that there is no iota of truth in the interpretations given to the directives in some quarters and the unfounded claims and rumours that President Bola Tinubu is planning to relocate the Federal Capital back to Lagos.

These rumours, he said which first surfaced during the electioneering campaign last year, was sponsored by political opponents looking for all manners of weapons to prevent Asiwaju Tinubu from being elected as president by a section of the country.

According to him the status of Abuja as the Federal Capital has come to stay. It is backed by law.

The movement of FAAN, an agency of Aviation Ministry, to Lagos, where it was located before former Minister of Aviation, Hadi Sirika, moved it to Abuja during the last administration, does not amount to moving the Federal Capital to Lagos.

The administrative move should have ordinarily attracted scant attention, as Lagos is the commercial capital and the hub of aviation business in Nigeria. FAAN will still maintain some presence in Abuja. It is not a wholesale movement.

Similarly, the movement of the Department of Banking Supervision of the CBN to Lagos should not trigger any discord within the polity. The department concerned deals with commercial banks, almost all of which have their headquarters in Lagos.

(Editor: Nkoli Omhoudu)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • Former Navy SEAL and United States (U.S) Congressman Scott Taylor to Speak at African Energy Week (AEW) 2025, Underscoring U.S.-Africa Energy Investments May 24, 2025
  • Africa Day: Majority of Africans say African countries should be given greater influence in international decision-making bodies May 24, 2025
  • Tanzania’s New Foreign Policy Reaffirms Pan-African Leadership and Vision for Intra-African Cooperation May 24, 2025
  • Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Al Baraka Bank Egypt Sign a Documentary Credit Insurance Policy to Support Export Transactions Backed by Letters of Credit Worth USD 50 Million May 24, 2025
  • Free Livestream to Celebrate Africa’s Innovation and Leadership May 24, 2025

Trending

aitlive 9
Breaking: INEC admits glitch in results transmission as Court Reserves Judgement In Atiku’s Petition Against Tinubu, electoral body
2023 Elections Headlines
aitlive 1 19 1
Nigeria Air: MD Confirms Unveiled Aircraft Was Hired Ethiopia Flight
Local
LABOUR PARTY
Breaking: LP And Presidential Candidate, Peter Obi, Get Court Permission To Inspect Forensic Materials
2023 Elections
PETER OBI
Drama in court as judges order Peter Obi’s legal team to go home
Headlines
AIT-IMAGES - US House Republicans
US House Republicans authorize Biden impeachment inquiry
World

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?