Nigeria, April 24 -- Nigeria's Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Wednesday said that the government has outlined key strategies to address the impact of falling oil prices and budget shortfalls on the Nigerian economy.

Mr Edun made the disclosure at an Investors' Forum held on the sidelines of the World Bank/IMF meetings holding in Washington D.C.

The minister said the government would prioritise some forms of payments, diversify the economy, improve oil production, maximise costs, and stay within the constitutional threshold for budgetary allocations.

There have been concerns in recent weeks that with plummeting crude oil prices, the nation's budgetary provisions-pegged at crude oil benchmark ...