BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY . (PHOTO). #PRESS RELEASE.

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 FEDERAL MINISTRY OF INFORMATION AND NATIONAL ORIENTATION  PRESS STATEMENT  BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY  The Federal Government of Nigeria is aware of attempts by Binance to launder its impaired image as an organisation that does not play by the rules and laws guiding business conduct in sovereign nations. In a blog post that has now been published by many international media organisations, in an apparent well-coordinated public relations effort, Binance Chief Executive Officer Richard Teng made false allegations of bribery against unidentified Nigerian government officials who he claimed demanded $150m in cryptocurrency payments to resolve the ongoing criminal investigation against the company.  This claim by Binance CEO lacks any iota of substance. It is nothing but a diversionary tactic and an attempted act of blackmail by a company desperate to obfuscate the grievous criminal charges it is facing in Nigeria. The facts of this matter remain that Binance is being inve
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PORT HARCOURT REFINERY,TO START PRODUCING PETROL IN JULY.

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Dr. Joseph Dawha, Managing Director, NNPC                    Today thursday,the Group Managing Director {GMD},Nigerian National Petroleum Corporation {NNPC},Dr Joseph Dawha said the Port Harcourt Refinery might resume operation by July.Dawha said this while addressing newsmen after a tour of some filling stations in Abuja with some top management staff of the corporation.''When the refinery comes up stream in late June or early July we expect that it will rumn at least 80 percent installed capacity.It will give us a contribution of about five million litres of Premium Motor Spirit {PMS} on a daily basis.If the refineries were not in depth or in good state to process crude for maximum gain there was no need of sending crude to such refineries for processing.What we do is to fix them so that we can get the real value for products.We are satisfied with the level of work carried out so far at the Port Harcourt Refinery so that if we start processing crude now we will get value for the refined products.So there will not be distraction as it will be,if refineries were operating properly''.

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