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 42 SUSPECTED INTERNET FRAUDSTERS IN AWKA,ENUGU.{PHOTOS}.#PRESS RELEASE.

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EFCC Arrests 42 Suspected Internet Fraudsters in Awka, Enugu

Operatives of the Enugu Command of the Economic and Financial Crimes Commission, EFCC have arrested 42 suspected internet fraudsters in separate operations in Awka and Enugu.


Twenty-nine (29) of the suspects were arrested in Awka while thirteen (13) were arrested in Enugu following intelligence on their alleged involvement in internet fraud.


The suspects are: Chimezie Anyamutaku, Chinonso Dominic,  Onyekachi Nwankwo,Ikenna Austin, Chinonso Anthony Caesar,Felix Okechukwu Chikagu, Dera Okoye, Victor Onyebuchi, Emmanuel Ifeanyi,Emeka Izu John, Raphael Gbughemobi,Okorie Charles,Onyeoji Chukwuemeka,Enem Bontis Obinna Udoka,Chibueze Udechukwu Ofor, Lawrence Oyegu, Soburu Kingsley, and Ikechukwu Umeakunne.


Others include Pascal Benjamin,Emeka Valentine,Nzube Kenneth Paul, Kelechi Elvis,Emmanuel Nwugo, Henry Onyebuchi Okoli,Uchechukwu Kachi ,Onyekachi Promise,Innocent Victor Ikenna ,Ekene Emmanuel, Chisom Nwora, Emmanuel Dimgba, Martin Chukwudalu, Nweze Desmond, Franklin Archibong, Austin Ikpeoha, Arinze Osakwe, Chukwuemeka Franklin, Emmanuel Murewa, Echefulam Uche, Ugochukwu Eze, Goodman Samuel, Emmanuel Nwoye and Ekene Udeh.


Some of the items recovered from them include laptops, several phones and nine luxury vehicles including  two Lexus ES350, one Acura ZDX , one Lexus GS300, a Toyota Camry sedan, a Mercedes Benz ML320, one Lexus RX330, a Lexus ES330 and  one Mercedes Benz GLK350.


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

More photos below.

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