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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NAF AIRCRAFT DESTROYS TERRORISTS’ MEETING VENUE NEAR BAGA.#PRESS RELEASE.

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    The Air Task Force (ATF) of Operation LAFIYA DOLE has destroyed a building being used as meeting venue by Islamic State of West Africa Province (ISWAP) fighters near Baga in Northern Borno State. The attack was conducted yesterday, 1 January 2019, after series of Intelligence, Surveillance and Reconnaissance (ISR) missions confirmed that the building was being used as an assembly point by the terrorists. Consequently, the ATF dispatched a Nigerian Air Force (NAF) Alpha Jet aircraft to attack the building. A direct hit was recorded on the target leading to significant damage to the structure and neutralization of the occupants.
IBIKUNLE DARAMOLA
Air Commodore
Director of Public Relations and Information   
Nigerian Air Force
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