FG TO PRIORITIZE RESOURCE ALLOCATION IN THE FACE OF LOW OIL PRICES. (PHOTO). #PRESS RELEASE

Image
 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...

EDUCATION MINISTER REVERSES 18-YEAR AGE LIMIT FOR ADMISSION.(PHOTO).


  Education minister reverses 18-year age limit for admission


The new Minister of Education, Dr. Tunji Alausa, has abolished the 18-year admission benchmark for tertiary institutions in the country.


He also hinted at the possibility of reviewing the nation’s education policy.


However, the minister stated that there would be no reversal of the Federal Government’s decision to void over 22,700 degree certificates obtained by Nigerians from some ā€œfakeā€ universities in neighbouring Togo and the Benin Republic.


Alausa spoke on Wednesday at his inaugural ministerial press conference, which is ongoing in Abuja.


He stated that practical education will help to address the unemployment situation in Nigeria, as tertiary institutions will not continue to churn out graduates every year without providing jobs for them.


He mentioned that the federal government will collaborate with private sector operators to train students and unleash their potential.


Alausa added that universities of agriculture will be empowered to adopt commercial farming practices to combat food insecurity.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

ACTOR BABA IJESHA APPEALS FIVE-YEAR JAIL SENTENCE FOR SEXUAL ASSAULT. (PHOTO).