Bank of Industry Relocation

The Federal Government’s decision to relocate the Bank of Industry headquarters from Abuja to Lagos signals a strategic shift, prioritizing operational efficiency and proximity to Nigeria’s commercial heart over the long-standing political-administrative separation. This move, part of a broader trend of agencies returning to Lagos, raises critical questions about its economic impact, legal justification, and implications for national regional balance. The ensuing debate centers on whether this represents a pragmatic economic realignment or a contentious redirection of federal resources and influence.Continue Reading