News

CBN Decongests Dead Office, Moves Departments To Lagos

Published

4 months ago

January 13, 2024

Editor

The Central Bank of Nigeria is set to transfer some of its departments to Lagos State.

This was stated in an Internal memo made available to The PUNCH on Saturday.

The move, according to an official of the CBN who spoke on condition of anonymity, is to decongest the apex bank’s head office.

Although some staff members of the bank have reportedly resisted the transfer and claimed that it is motivated by tribal sentiment, the source said it is for their safety and increased productivity.

“What is happening now at the CBN is likened to a company with over 500 staff and say 200 used to go to work in other states and return to the head office. It is not out of place for the company to relocate them fully to that state to work and increase their safety and productivity,” he said.

The official stated that only some departments of the apex bank, including the Bank Supervision Department, were affected by the transfer.

He stated that the move is meant to increase the productivity of the affected staff while also cutting costs and ensuring their safety.

The PUNCH gathered through the official that the departments penciled down for relocation by the CBN Governor, Yemi Cardoso are Banking Supervision; Other Financial Institutions Supervision; Consumer Protection Department; Payment System Management Department and Financial Policy Regulations Department.

”Most of the bank’s headquarters are in Lagos. The CBN usually sends staff from Abuja to work in Lagos for like one to two months and return to the head office.

“Being on the road all the time is not safe for them and not also cost-efficient for the bank. We know that anybody leaving their comfort would feel the pain, that is why some of the affected workers are complaining but I can assure you that, it is for their good,” he said.

He also noted that the carrying capacity of the Abuja office is 3 000 but the staff strength is at 4 000 now which is a threat to the facilities at the head office.

“Abuja office is designed to carry about 3 000 staff but we are 4 000 already. The facility managers have already warned of the implication; the security of staff is also at stake with the increased number because it overwhelms the managers,” the official stated.

Excerpts from the memo obtained read, “This is to notify all staff members at the CBN Head Office that we have initiated a decongestion action plan designed to optimise the operational environment of the bank.

“This initiative aims to ensure compliance with building safety standards and enhance the efficient utilisation of our office space.

“This action is necessitated by several factors, including the need to align the Bank’s structure with its functions and objectives, redistribute skills to ensure a more even geographical spread of talent and comply with building regulations, as indicated by repeated warnings from the Facility Manager, and the findings and recommendations of the Committee on Decongestion of the CBN Head Office.

“The action plan focuses on optimising the utilisation of other Bank’s premises. With this plan, 1,533 staff will be moved to other CBN facilities within Abuja, Lagos and understaffed branches.

“Our current occupancy level of 4,233 significantly exceeds the optimal capacity of 2,700 designed for the Head Office building. This overcrowding poses several critical challenges:

“Safety Concerns: The building’s infrastructure was designed for a specific number of occupants. Exceeding this capacity has raised safety concerns, increased health and accident risks – and hinders efficient emergency evacuation.

“Reduced Efficiency: Crowded workspaces are negatively impacting productivity and collaboration. Additionally, overstretched facilities have led to increased maintenance costs.

“Structural Integrity: The building’s integrity can be compromised by exceeding its designed capacity.”

The memo further said the decongestion would also improve the apex bank’s operational and workflow efficiency.

“Strategic alignment: The decision to redistribute departments and staff is rooted in a strategic approach to align the structure of the Bank with its functions and objectives. Certain departments may be better suited to operate in proximity to Financial Institutions’ head offices, which are predominantly located in Lagos. This strategic alignment ensures optimal collaboration and efficiency,” the memo stated.

News

Amadasun Owns Landed Property Situated At Zone MD Obazagbon, Benin Court Rules

Published

1 hour ago

May 20, 2024

Editor

A Benin High Court presided over by Hon Justice A.N. Erhabor has issued a certificate of “execution of warrant of possession” to Mr Frank Omo- Amadasun in order to take full possession of his landed property situated at Zone MD/A44/OBAZAGBON in lkpoba Okha Local Government Area of Edo State.

In 2021, some persons encroached the landed property measuring 1,000 feets by 1,000 feets in Obazagbon near Avbiama in Ikpoba okha local government area of Edo state.

The land acquired in 1979, was in full control of the complainant before its encroachment.

This forced Amadasun to institute a legal procedure against those who encroached on his land including Johnson Akpobosa, Peter Akpobosa, Abel Oyo Akpobosa l, Mrs Omoruyi, Mrs Oronsaye and 11 unknown persons.

In the case marked: No.B/975/2021, there was consequently an enrolment of order where the judge granted an interlocutory injunction restraining all the defendants/ respondents, their servants, agents, or any person howsoever described as acting on their behalf or instruction from further trespassing on the piece or parcel of land measuring approximately 1,000 feets by 1,000 feets known as plot 53351 lying and situate at Zone MD/A44/OBAZAGBON, lkpoba Okha Local Government Area of Edo State pending the hearing and determination of the substantive suite before the court.

But despite the restraining order, the defendants went ahead to start developing property in the land.

In the judgement, the court confirmed that Mr Amadasun has a verifiable Certificate of Occupancy to the land with digital registrar in the EDOGIS.

The court also confirmed that the claimant is the rightful owner in possession of 1,000 feets by 1,000 feets bounded by Beacon numbers 542, 543, 544 and 454 which covers an area measuring approximately 8, 557 hectares now known as plot 53351, lying and situate at Obazagbon in lkpoba Okha Local Government Area of Edo State.

After the judgement, the claimant, then got a certificate of execution of a warrant of possession which has been fully executed.

Contacted , the Edo state Police Public Relations Officer, SP Chidi Nwabuzor said the police received a letter from the Deputy Director of the High Court to execute the court order over the land.

SP Chidi Nwabuzor said the Edo state Commissioner of Police , CP Funsho Adegboye has since ordered men of the Anti Kidnapping And Cybercrime Unit of the Edo State Police Command to take over the judgement execution order.

As at Press time, the claimant has since taken over the full possession of the land as ordered by the court but not without resistance by some persons in Obazagbon in Ikpoba Okha local government area of Edo state.

News

Ex-First Bank Chairman Is Dead

Published

3 hours ago

May 20, 2024

Editor

A former Minister of Labour and former Chairman of First Bank Nigeria, Ajibola Afonja has died aged 82.

The Oyo-born Prince passed away on Sunday night, May 19 at the University College Hospital, Ibadan, Oyo State.

Confirming the passage of the former Minister in a statement, the Oyo Global Forum (OGF) through its Chairman, Taiwo Adebayo described the late Afonja as a unifier.

“On this dark day in Oyo, we mourn the loss of Ajibola Afonja, former Labour Minister and Chairman of First Bank Nigeria, who passed away on Sunday night, aged 82.

“Although, a national figure with tremendous influence, he was particularly light for the Oyo community where he made pioneering efforts as an industrialist. His legacy of generosity and open-heartedness touched countless lives, and his presence will be profoundly missed.

“Until his last month, Daddy IDS, as he was affectionately known, as a reference to his manufacturing company, remained hardworking, dedicated to realizing one of the most transformative business visions for the country’s economy. It was the E-Customs project.

“His absence leaves a void that will be difficult to fill, but his spirit of generosity and leadership will continue to inspire us. For all of us that he inspired, we shall honour his memory by carrying forward the values he embodied and continuing his legacy of service and compassion, the values that guide OGF, which he supported during his lifetime.”

Afonja was Chairman of the Board of Directors of First Bank Plc and was appointed as Minister of Labour under the interim government of Earnest Shonekan.

He was the chairman of Integrated Dimensional System and many other companies. He attended Kingston University, Kingston-upon-Thames, Surrey, United Kingdom where he bagged a degree in Accounting in 1970.

News

UK Regulator Reports Air Peace Over Alleged Safety Violation

Published

6 hours ago

May 20, 2024

Editor

The United Kingdom Civil Aviation Authority has written Nigeria’s Civil Aviation Authority stating Air Peace has reportedly violated some aviation safety regulations

The development came barely three months after the Nigerian carrier commenced the Lagos-London route.

Two mandatory occurrence reports on Air Peace had been reportedly sent to the United Kingdom Civil Aviation Authority.

The UK CAA, in turn, forwarded the complaints to the NCAA.

The CAA’s letter of complaint forwarded to NCAA was entitled; ‘United Kingdom SAFA Ramp Inspection Report with reference number: CAA-UK, -2024-0217’ and ‘NATS Management System Safety Report.’

The NCAA has also written to Air Peace to provide clarification on the issues.

The letter, with reference number: NCAA/DOLTS/APL/Vol.11/03624 was titled, “United Kingdom SAFA Ramp Inspection Report.

It was dated May 14, 2024, and signed by the NCAA General Manager of Operations, Capt. O.O. Lawani.

In the letter, the NCAA said the UK CAA had called its attention to the no operational approval of Electronic Flight Bag functions affecting the safe operation of the aircraft, while adding that the captain of the flight admitted that an Electronic Flight Bag was being used for navigational purposes.

NCAA further noted that the CAA stated in its letter that there was “no mounting device for the use of EFB, no charging points or battery for backup.”

Air Peace recently commenced operation to London Gatwick from the Murtala Muhammed International Airport, Lagos under the Bilateral Air Services Agreement, which Nigeria has with the UK.

The spokesperson of Air Peace, Stanley Olisa, could not be reached as of press time.

When called, the spokesperson of the airline picked but when this reporter began to enquire about the development, he kept mute until the call ended.

The PUNCH correspondent also sent a text message of enquiry to the spokesman but there was no response as of the time of filing this report.