Afrigather 
The Central Financial institution of Nigeria (CBN) has stated its plan to relocate a few of its departments from its head workplace in Abuja to Lagos state is meant to decongest the CBN’s head workplace and enhance effectivity.
A CBN official who sought anonymity acknowledged that it’s for the security and productiveness of employees, and isn’t motivated by tribal sentiment.
The official additionally added that the choice was made with the most effective pursuits of the financial institution and its employees in thoughts.
“What is occurring now on the CBN is likened to an organization with over 500 employees and say 200 used to go to work in different states and return to the pinnacle workplace. It isn’t misplaced for the corporate to relocate them absolutely to that state to work and enhance their security and productiveness,” he added.
The official of the apex financial institution acknowledged that just some departments of the apex financial institution, together with the Financial institution Supervision Division, have been affected by the switch.
He acknowledged that the transfer is supposed to extend the productiveness of the affected employees whereas additionally chopping prices and making certain their security.
Economic Confidential gathered that 5 CBN departments might be relocated, together with Banking Supervision, Different Monetary Establishments Supervision, Shopper Safety, Cost System Administration, and Monetary Coverage and Regulation. These adjustments are being overseen by CBN Governor Yemi Cardoso.
”A lot of the financial institution’s headquarters are in Lagos. The CBN normally sends employees from Abuja to work in Lagos for like one to 2 months and return to the pinnacle workplace.
“Being on the street on a regular basis just isn’t secure for them and never additionally cost-efficient for the financial institution. We all know that anyone leaving their consolation would really feel the ache, that’s the reason a few of the affected staff are complaining however I can guarantee you that, it’s for his or her good,” he stated.
The official defined that the Abuja workplace has a capability of three,000 employees members, however the present employees power is 4,000, which is placing a pressure on the workplace’s services.
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“Abuja workplace is designed to hold about 3 000 employees however we’re 4 000 already. The power managers have already warned of the implication; the safety of employees can also be at stake with the elevated quantity as a result of it overwhelms the managers,” the official acknowledged.
Excerpts from the memo obtained by Economic Confidential learn partly: “That is to inform all employees members on the CBN Head Workplace that we have now initiated a decongestion motion plan designed to optimise the operational surroundings of the financial institution.
“This initiative goals to make sure compliance with constructing security requirements and improve the environment friendly utilisation of our workplace house.
“This motion is necessitated by a number of components, together with the necessity to align the Financial institution’s construction with its capabilities and aims, redistribute abilities to make sure a extra even geographical unfold of expertise and adjust to constructing rules, as indicated by repeated warnings from the Facility Supervisor, and the findings and suggestions of the Committee on Decongestion of the CBN Head Workplace.
“The motion plan focuses on optimising the utilisation of different Financial institution’s premises. With this plan, 1,533 employees might be moved to different CBN services inside Abuja, Lagos and understaffed branches.
“Our present occupancy degree of 4,233 considerably exceeds the optimum capability of two,700 designed for the Head Workplace constructing. This overcrowding poses a number of important challenges:
“Security Issues: The constructing’s infrastructure was designed for a particular variety of occupants. Exceeding this capability has raised security considerations, elevated well being and accident dangers – and hinders environment friendly emergency evacuation.
“Lowered Effectivity: Crowded workspaces are negatively impacting productiveness and collaboration. Moreover, overstretched services have led to elevated upkeep prices.
“Structural Integrity: The constructing’s integrity could be compromised by exceeding its designed capability.”
The memo additional stated the decongestion would additionally enhance the apex financial institution’s operational and workflow effectivity.
“Strategic alignment: The choice to redistribute departments and employees is rooted in a strategic method to align the construction of the Financial institution with its capabilities and aims. Sure departments could also be higher suited to function in proximity to Monetary Establishments’ head places of work, that are predominantly situated in Lagos. This strategic alignment ensures optimum collaboration and effectivity,” the memo acknowledged.
