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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POLICE DEBUNK THE NEWS ''HOW ACTING IGP ALMOST CAUSED BLOODBATH AT CBN HEADQUARTERS'',YESTERDAY.{READ}.

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                 The attention of the Nigeria Polic Force has been drawn to online publication of Sahara reporters of 4th August,2016 captioned ''How Acting IGP Almost Caused Bloodbath at Central Bank Of Nigeria Headquaeter''.This story in its content and character was absoluely misleading and untrue in all its ramifications.Indeed a misrepresentation of facts.There was no such scenario as described by Sahara Reporters New York.Certainly it was a creation and figment of the reporter whose motive can only be described as yellow journalism designed to discredit a public officer of proven records locally and internationally.The IGP Ibrahim K. Idris's official visit to the Governor of Central Bank with full complement of the police management team was a scheduled courtesy call that was planned and coordinated by the two organizations.It is unimaginable that the Policemen who manned the gate at the Central Bank and the IGP's convoy will have any cause to disagree over access control when there was a mutual understanding and communications on the arrival and the departure of the IGP and his entourage.it is important to note that IGP's entourage included Press men from the electronic and print media.The Central Bank is a critical stakeholder in the overall security architecture of Nigeria.Against the bavkground of CBN's role in crime management and control; the IGP's visit will be fully appreciated and understood.It is significant that stakeholders engage and chart roadmap for peace and security in Nigeria.The IGP will continue to engage and partner relevant stakeholders in ensuring that Nigeria attains the desired peace and security that will guarantee growth and development.
DCP Don N.Awunah,fsi
Force Public Relations Officer,
Force Headquarters,
Abuja.

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