The Central Financial institution of Nigeria is about to switch a few of its branches to Lagos State.
That is said in an inside memo that was made obtainable to PUNCH On-line on Saturday.
In accordance with a CBN official who spoke on situation of anonymity, the transfer is aimed toward decongesting the apex financial institution's headquarters.
Whereas some workers members of the financial institution have reportedly opposed the switch, claiming it’s motivated by tribal sentiments, the supply stated it’s for his or her safety and elevated productiveness.
“What is occurring now on the CBN is likened to an organization with over 500 workers, of which, for instance, 200 went to work in different states after which returned to the headquarters. It is not going to be misplaced for the corporate to totally relocate them to that state to work there and improve their security and productiveness,” he stated.
The official said that just some departments of the apex financial institution, together with the Banking Supervision Division, have been affected by the switch.
He said that the measure is meant to extend the productiveness of affected personnel whereas decreasing prices and guaranteeing their security.
PUNCH On-line discovered via the official that the departments earmarked for relocation by the CBN Governor, Yemi Cardoso, are underneath banking supervision; Supervision of different monetary establishments; Division of Shopper Safety; Fee System Administration Division and Monetary Coverage Laws Division.
Many of the financial institution's headquarters are in Lagos. The CBN often sends workers from Abuja to Lagos to work for one to 2 months after which return to the headquarters.
“All the time being on the highway for them is neither secure nor cost-efficient for the financial institution. We all know that anybody who leaves their consolation would really feel the ache, which is why a few of the affected employees are complaining, however I can guarantee you that it’s for his or her good,” he stated.
He additionally famous that the capability of the Abuja workplace is 3,000 however the workforce now stands at 4,000, posing a menace to the amenities on the headquarters.
“The Abuja workplace was designed to deal with about 3,000 workers however we’re already at 4,000. The power managers have already warned of the implications; The security of workers can also be at stake as a result of elevated numbers because it overwhelms managers,” the official stated.
Excerpts from the memo obtained learn: “That is to tell all workers on the CBN Headquarters that now we have initiated a decongestion motion plan aimed toward optimizing the financial institution's working atmosphere.
“This initiative goals to make sure compliance with constructing security requirements and enhance the environment friendly use of our workplace house.
“This motion is necessitated by a number of elements, 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 distribution of expertise and adjust to constructing rules, as indicated by repeated warnings from the Facility Supervisor, and the findings and proposals of the CBN Headquarters Decongestion Committee.
“The motion plan focuses on optimizing using the properties of different banks. Below this plan, 1,533 workers might be redeployed to different CBN amenities in Abuja, Lagos and understaffed branches.
“Our present occupancy price of 4,233 is considerably greater than the optimum capability of two,700 designed for the headquarters. This overpopulation poses a number of essential challenges:
“Questions of safety: the constructing infrastructure is designed for a selected variety of occupants. Exceeding this capability has raised security considerations, elevated well being threat and elevated threat of accidents – and hinders environment friendly emergency evacuation.
“Lowered effectivity: Busy workspaces negatively impression productiveness and collaboration. As well as, overloaded amenities have led to greater upkeep prices.
“Structural Integrity: The integrity of the constructing could also be compromised if the designed capability is exceeded.”
The memo additional stated that the discount in congestion would additionally enhance the apex financial institution's operational and workflow effectivity.
“Strategic Alignment: The choice to reallocate departments and workers is rooted in a strategic strategy to align the Financial institution's construction with its capabilities and aims. Sure departments could also be higher suited to function close to the headquarters of economic establishments, that are primarily positioned in Lagos. This strategic alignment ensures optimum cooperation and effectivity,” the memo stated.
