FG TO PRIORITIZE RESOURCE ALLOCATION IN THE FACE OF LOW OIL PRICES. (PHOTO). #PRESS RELEASE

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 PRESS RELEASE  FG TO PRIORITIZE  RESOURCE ALLOCATION IN THE FACE OF LOW OIL PRICES The Federal Government of Nigeria will pursue diversification of its revenues and adopt greater prudent resource allocation measures to mitigate the impact of low oil prices should it continue, according to Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. Speaking at a meeting with investors during the ongoing IMF/World Bank Spring Meetings in Washington DC yesterday, Mr Wale Edun emphasized that with the recent reforms embarked upon by the present administration, Nigeria is better positioned to deal with global economic uncertainties. The meeting was also attended by the Chairman, Senate Committee on Finance, Senator Mohammed Sani Musa; the Deputy Chairman of the House of Representatives Committee for Finance, Hon. Saidu Musa Abdullahi; the Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso; the Permanent Secretary of the Federal Ministry of Finan...
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INDIA NEW CHILD LABOUR BILL,NOW PROHIBITS CHILDREN UNDER THE AGE OF 14,FROM WORKING.

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              According to BBC,the new Indian Child Labour bill prohibits children under the age of 14 from working,but makes an exception for family businesses',including extended family.It also reduces the number of jobs 15-18 year olds are banned from doing.The government says the law will help poor families earn a living and give children a chance to acquire skills.However,the UN children's agency Unicef and Indian Nobel prize winner Kailash Satyarti are among those to have criticised the bill.What do you think,should Nigeria replicate the Bill?.One more photo below.          

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