Ex-CBN Deputy Governor speaks on central bank’s plan to relocate key departments

Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria, has reacted to reports of internal “disquiet” among CBN staffers following the management’s decision to move certain departments to the CBN Lagos office.

On 12 January, the CBN through a circular by the director of its human resources department conveyed its plans to decongest its head office in Abuja.

“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.”