₦airaland Forum

CBN’s early exit package not targeted at Northerners, says dep gov

The Central Bank of Nigeria has reiterated that its Early Exit Package implemented in 2024 was entirely voluntary and not to target or destabilise Northerners working in the apex bank.

The Bank’s Deputy Governor on Economic Policy, Muhammad Abdullahi, restated this on Wednesday in Kaduna at a two-day Interactive Session on Government-Citizens Engagement, organised by the Sir Ahmadu Bello Memorial Foundation.

Speaking during plenary on Governance and Economy, Abdullahi said the bank was congested at its headquarters in Abuja, and an offer was made to anyone interested in exiting, but with a huge package.

“The bank was so crowded at the headquarters and jam-packed that there was no space; the limited space and exit routes in the building were converted to offices, and hence not healthy for the workers.
“Due to the crowded and suffocating space, the insurance company expressed serious concerns about securing the building with its insurance policy, hence the need for decongestion.

“Meanwhile, there are ample spaces in the Bank’s offices in Lagos, Kaduna and other places that could absorb a large number of workers from the headquarters.

“Some of those staff members taken to Lagos and Kaduna are now so happy that they don’t even want to come back to Abuja.


“It is not an agenda against anybody,’’ he said.

Abdullahi said the apex bank has been practicing early exit in the last 20 years, but it has been done when the management at the top is very heavy.

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“When such is observed, the governor will constitute a committee comprising the staff members, and they will come out with an offer, but only for those who want to take it. It is voluntary, not forced on anyone.

“Some workers were very happy to take the exit offer and establish a microfinance bank.

“So, is an opportunity for those who want to move ahead and do other things with their lives,” Abdullahi said.

He further explained that there was misinformation and a wrong narrative about 16 directors in the bank, adding that it is unfortunate.

“Let me state here that there are a lot of directors who are from the Northern Region and are currently working in the bank.


“People should stop listening to unpatriotic elements that spread fake news to misguide and incite the masses.

“The son of the Secretary to the Government of the Federation was moved out of Abuja to Lagos.

“Nobody was spared. It is a policy of the bank. People should please understand all these,” Abdullahi said.

NAN
https://punchng.com/cbns-early-exit-package-not-targeted-at-northerners-says-dep-gov/

These long epistles will still not stop tinubu from his impending defeat come next general election.

Phoen1X:
These long epistles will still not stop tinubu from his impending defeat come next general election.

but from the way am seeing things, the Dubai landlord will definitely aid T-pain's victory in 2027 elections, because of his unchecked ambition to become the president of Nigeria, thereby destabilizing the unity of the opposition coalition, aimed at defeating T-pain at the polls, because without a unified strong coalition, T-pain is going no where.

Everytime North, North, North.
Who are the North that are always complaining even to the level of CBN?
Is it Hausa or Fulani or Kanuri or Ebira or Jukun or Barutin or Igala or Tiv or Idomas etc?
Who are the North?
Have the North ever been One?
Have they always voted as One?
Nobody here is moved by North this North that because North does not exist. They always vote in different direction.