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 25 SUSPECTED INTERNET FRAUDSTERS IN AKURE. (PHOTO).#PRESS RELEASE.

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EFCC Arrests 25 Suspected Internet Fraudsters in Akure


Operatives of the Benin Zonal Command of the Economic and Financial Crimes Commission, EFCC, on  Thursday, April 27, 2023, arrested 25 suspected internet fraudsters in Akure, Ondo State.


The suspects were arrested in an early morning operation following actionable intelligence on their alleged criminal activities.

Those arrested are Sunday Samson, Ogunlana Oluwaseyi, Fajemelusi Tosin, Oyenyen Olusegun Blessing, Philip Ayodeji Kolawole, Akinnodi Oyindamola, Faith Ilemobayo, Aro Oluwaferanmi, Lekan Ogundare, Adeshina Olamilekan, Olawafe David, Abegunde Oluwaseun, Akinlade Oluwole Stephen and Adeniyi Temetope.


Others are Christopher David Hassan, Oke Ademola Ayomide, Adekunle Junior Adeleye, Rasaq Saheed, Philip Paul Peter, Gbenga Mathias Friday, Obasanya AbdulGaniya, Ojo Olugbenga Emmanuel, Joseph  Oluwapelumi, Olugbenga Ayomide Issac and Abegunde Opeyemi


Items recovered from the suspects are 10 exotics cars - two Lexus EX350, one Lexus IS250, one Lexus RX350, four Toyota Camry, one Honda Accord, one GLK 350 Mercedes Benz, laptops and mobile phones.


The suspects have made useful statements and will be charged to court as soon as investigations are concluded.

More photos below. 


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