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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PRESIDENT BUHARI, STATES STREAMLINE SECURITY IN NORTH WEST TO HALT BANDITRY.#PRESS RELEASE.

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      President Muhammadu Buhari’s administration is working with state governments in North West of the country to revamp security structures and operations, following infiltration of bandits.
The repositioning of security apparatus comes at the heels of killings and destruction of property in some states, which includes the recent attacks in Zamfara that left 34 people dead in Tungar Kafau and Gidan Wawa, Shinkafi Local Government Area.
While extending condolences to government and people of Sokoto and Zamfara States for loses in recent attacks, the President has directed immediate implementation of the long-term strategic security plan for the geopolitical zone, which was collectively drawn by security agencies and state governments.
Under the security plan, states working with Federal Government will support security and military operations with logistics and local intelligence. To strengthen the loop and scale up surveillance, the Federal Government is establishing new forward operational bases.
As part of the plan, the National Emergency Management Agency and State Emergency Management Agencies are expected to streamline operations to provide succour for displaced persons, many of whom are taking refuge in neighbouring Niger Republic and ensure their return under protection.
President Buhari assures all Nigerians of his administration's full commitment to protect life and property of citizens.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
June 16, 2019.
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