Prof Yusuf Reveals Truth About Financial Power In South West

A former CEO of the National Health Insurance Scheme, Professor Usman Yusuf, has raised concerns about the concentration of ministries and agencies handling financial disbursements in the South West.

In an interview with Arise TV, he expressed his concern about the President’s silence on the matter and cited instances such as the Central Bank of Nigeria’s announcement of relocating five crucial departments to Lagos and Honorable Festus Keyamo’s proposal to move FAAN (Federal Airports Authority of Nigeria) to the same location.

Professor Yusuf questioned the given reasons of congestion and logistics, he also drew the attention to the historical relocation of the Federal Capital from Lagos to Abuja due to congestion.

He stated, “Fellow Nigerians, we have seen it all. All the ministries and agencies that control and disburse money are in the South West. This is not an allegation, this is fact. And without talking to Nigerians, the President remains tight-lipped. When the CBN said they are transferring five crucial departments to Lagos and Honourable Festus Keyamo said he’s going to transfer FAAN to Lagos”.

He further added, “What reasons did they give? They said congestion and logistics. We have been to school and we are old enough to take out the truth from Fiction. The Federal Capital was moved from Lagos to Abuja because of Congestion. So don’t tell me you are going back to Lagos because of congestion in Abuja”.


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