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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POLICE REINFORCE BAN ON MOTORCYCLES IN OWERRI. (PHOTO).

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 Police reinforce ban on motorcycles in Owerri


In a bid to enhance crime control within Owerri, the state capital, and its environment, the Imo State Police Command has reinforced the ban on the use of motorcycles within the capital city as it enjoined the general public to adhere to the directives.


Police Public Relations Officer ASP Henry Okoye, in a press statement, informed that the order takes immediate effect, warning that any violator of the directive will be arrested and their motorcycles impounded.


He stated that the measure is part of the ongoing efforts by the state government to enhance security and reduce crime within the metropolis.


ASP Okoye hinted that the ban is specifically aimed at curbing criminal activities which he said have been facilitated by the use of motorcycles.


In addition, the police spokesperson pointed out that the measure seeks to alleviate traffic congestion within the city, fostering a safer and more efficient environment for all road users.


Following the new development, the Imo State Police Command, through the statement, urged all residents and motorcyclists to comply with the law, warning that police operatives will continue to strictly enforce the ban, and violators will face appropriate legal action.


“Citizens are encouraged to support these efforts to ensure the safety and well-being of everyone,” Okoye stated.

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