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After CBN, FAAN, Another Agency to Relocate Key Departments to Lagos

Reporter: Tobi Adetunji

by Techeconomy
February 15, 2024
in News
0
Lagos Business district, marina Lagos, Nigeria Economy, business growth, financial services sector
Marina Lagos

Marina Lagos

UBA
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The Nigerian Upstream Petroleum Regulatory Commission has considered relocating some of its units to Lagos, according to a document made available to journalist. 

The memo dated February 14, 2024, said the decision was to enhance its service delivery, reduce operational costs, and make adequate utilisation of its assets in Lagos.

“In line with our objectives of improving organizational efficiency, driving industry growth, and managing office accommodation in Abuja, we are exploring the possibility of relocating certain units to Lagos.

“This initiative is driven by the need to enhance our service delivery, reduce operational costs, and make adequate utilization of our assets in Lagos.

“Consequently, we are requesting that each department identify and provide a list of units that can operate independently with minimal supervision. “Submissions on the above are expected on or before the close of business on Friday 23rd February 2024.

“This is submitted for your further necessary action, please.” The memo was signed by Dr Kelechi Onyekachi Ofoegbu on behalf of the Commission.

The development comes on the heels of the recent relocation of the Federal Airport Authority of Nigeria (FAAN) headquarters to Lagos.

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    Techeconomy

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