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

FUEL SCARCITY,HITS AWKA ANAMBRA STATE.

                      According to sources,there is now fuel scarcity in Awka Anambra state and they are now selling fuel as high as N110 and N115 .Some pressmen who monitored the situation today wednesday reports that most filling stations had no fuel sign placed at their gates while a few that had the product had long queues of vehicles.Mr Benjamin Abimaje,Manager at Femas Services Station Awka said ''There was no product because of the sudden outrageous increase in loading cost.I have applied for products for some days noe but the increase in price and scarcity at the depot in Lagos had made it impossible for them to get loaded.We do not have fuel.The cost is high at the depot and when you add other charges,it may not land at less that N98.It is also biting us because we are not selling,no profit,yet we are incurring loss,we hope it normalises soon''.Chief Ikechukwu Nwankwo,Chairman of Independent Petroleum Marketers Association of Nigeria {IPMAN},Enugu zone said ''I can confirm to you that there is no PMS now,the pump price increase is only natural because landing cost at the station is now between N95 and N99,the NNPC on its part does not have products.Marketers are having problems with funds because most times,government does not remit their part and even when they do,it comes late.Also the interests to banks eat up our profits.The government has role to play to ensure we come out of this problem''.More photos below.                                                                                

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