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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OBASANJO DISOWNS 'WIFE' WHO BEGGED FOR FORGIVENESS OVER DISPARAGING CONDUCT AGAINST OYO OBAS. (PHOTO).

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Obasanjo Disowns ‘Wife’ Who Begged For Forgiveness Over Disparaging Conduct Against Oyo Obas

Former President Olusegun Obasanjo has disowned one Ms Taiwo Martins who claimed to be the wife of the former President in a statement apologising for the widely condemned conduct of the former President against Oyo Obas last week.

According to a statement signed by the media aide to the former President, Kehinde Akinyemi, Ms Martins has two children for Chief Obasanjo, adding that she’s not a wife nor a member of Obasanjo’s family.

The former President maintained that the posture of Martins is that of an impostor, adding further that her state of health is known to all and sundry and that whatever she says doesn’t represent Obasanjo or the family.

“The attention of former President, Chief Olusegun Obasanjo has been drawn to a statement purported to be issued by a wife of the President with the photograph of one Ms. Taiwo Martins as the author of the statement.

“For the records, Ms. Martins has two children, Jonwo and Bunmi, for Chief Obasanjo but to say emphatically that she is not his wife nor a member of the Obasanjo family.

“Her posturing as Chief Obasanjo’s wife is false and that of an impostor. Nobody makes a statement on behalf of the Obasanjo family except Chief Obasanjo or people delegated by him to do so.

“It must be noted that the state of health of Ms. Martins is known to all and sundry and whatever she says or does has nothing to do with Chief Obasanjo as an individual or the Obasanjo family as a whole.”

Meanwhile, the former President said he remain unapologetic an uncompromising on the position he took against the Obas during the commissioning of a project in Iseyin local government area of Oyo State.

Obasanjo had ordered traditional rulers at the event to stand up and sit down, insisting they must respect the constituted authorities.

Obasanjo’s action has drawn condemnation from far and near especially within yorubaland where Obas are considered the second in command to the gods.

He says, “However, the former President has affirmed that he stood firmly, unapologetically and uncompromisingly on the position that the Governor of a State holds the highest office in the State.

“By that position, the respect, protocol and dignity that must be given to the office by virtue of the Constitution must not be denied. To do otherwise is to deride the office and the Constitution.”

 

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