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

FEDERAL GOVERNMENT ISSUED AN APOLOGY TO NIGERIANS TODAY,OVER THE POWER FAILURE IN THE COUNTRY.

          Today friday the Federal Government issued an apology to Nigerians on the the prevailing power situation in the country which it attributed to gas failure,sabotage and vandalization of power infrastructure.Information and Culture Minister Lai Mohammed in a statement in Abuja said all efforts were being made to rectify the situation and ensure a gradual improvement in the power situation.He said ''There will be a decent improvement in the power situation from this weekend,thanks to ongoing remedial efforts that will double the current power supply to 4,000WM.Getting back to the 5,074MW all time high that was reached earlier will take a few more weeks.The vandalization of the Forcados export pipelines forced oil companies to shut down,making it iimpossible for them to produce gas.Then,workers at the ikeja Discos,who were protesting the disengagement of some of their colleagues after they failed the company's competency test,apparently colluded with the National Transmission Station in Osogbo to shut down transmission.The unfortunate strike by the unions at the NNPC,over the restructuring of the Corporation,shut down the Itarogun.One more photo below.                                                                                                                  

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