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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EFCC ARRESTS 14 SUSPECTED INTERNET FRAUDSTERS IN PORT HARCOURT.{PHOTOS}.#PRESS RELEASE.

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Operatives of the Economic and Financial Crimes Commission, EFCC, Port Harcourt Zonal Office on Friday,  July 2,  2021 arrested 14 suspected internet fraudsters at Rumuodor Avenue, Ogbogoro, Port Harcourt, Rivers state.


The suspects: Goodness Wilson; Ezekiel James; Miracle Tom Charles;  Timothy Anthony; Divinefavour Pius Reginald;   Iheanacho Goodluck; Wokie Chimandu Chris; Emmanuel Uchechi; Peter Remigious; Joseph Chinedu; Amadi Angel; Wisdom Sotonye Azubuike,  Becky Charles and Sokiepirim West,  were all arrested based on verified intelligence by the EFCC. Preliminary investigations linked them with suspected impersonation, possession of fraudulent documents  and bitcoin scam.


Items recovered from the suspects include six vehicles : one Ford Escape Sports Utility Vehicle;  two Toyota Camry cars;    two  Lexus ES 350 Sports Utility Vehicles and one Mercedes Benz car.   Others are:  25 makes of phones;  three Laptops;  one smart watch;   one Samsung hard drive;  two power banks;  one play station;  one LG Television set;  one audio victory sound and one LG Bluetooth and USB speaker.


The suspects will be charged to court as soon as investigations are concluded.

More photos below.

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