The Central Bank of Nigeria (CBN) has reiterated that its Early Exit Package (EEP) 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 massive package.
Abdullahi said the apex bank has been practising early exit for the last 20 years, but only when the management at the top is cumbersome.
He further explained that there was misinformation and a wrong narrative about 16 directors in the bank, adding that it is unfortunate.
