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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NIGERIAN AIR FORCE FIGHTER JETS NEUTRALIZE BOKO HARAM TERRORISTS CAMPS AT ZANARI, TUNBUN REGO IN BORNO STATE.#PRESS RELEASE.

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      The Nigerian Air Force (NAF) Air Task Force (ATF) of Operation LAFIYA DOLE has recorded further gains in the ongoing air interdiction operations designed to wipe out remnants of Boko Haram Terrorists (BHTs) within the fringes of Lake Chad. This occurred as the ATF yesterday, 20 August 2018, conducted air strikes on BHT camps at Zanari and Tunbun Rego in Borno State.
The air strikes at Zanari were planned and executed based on intelligence reports indicating that the BHTs had established a training camp in the village and were converging in an area prior to departing for an attack on own troops locations around the Lake Chad area. Accordingly, the ATF scrambled 2 NAF Alpha Jet aircraft for a pre-emptive strike on 2 specified locations within Zanari, where the BHTs were assembled. The fighter aircraft acquired and attacked both locations, neutralizing several BHTs, with only few survivors seen fleeing the area. These were later mopped up by follow-on rocket strikes. Similarly, another identified BHT rendezvous point and staging area on the outskirts of Tunbun Rego was also attacked and destroyed by the Alpha Jets. The NAF will continue to deploy its platforms to conduct intensive Intelligence Surveillance and Reconnaissance (ISR) missions in the entire Northeast aimed at discovering the possible locations of remnants of BHTs and neutralizing them.
IBIKUNLE DARAMOLA
Air Commodore
Director of Public Relations and Information  
Nigerian Air Force
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