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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2.6BN BADAGRY DEEP SEA PORT WILL BE A TURNING POINT FOR ECONOMIC GROWTH-AMBODE.{PHOTO}.

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             Lagos State Governor,Mr Akinwunmi Ambode yesterday thursday expressed optimism that the $2.6bn Badagry Deep Sea Port Project would be a major turning point that would go a long way to bring about global growth to Nigerian waters and by extension the nation's economy.The Governor,who spoke shortly after another successful meeting with the executive management of APM Terminals {Maersk Group}, represented by Mr Morten Engelstoft,CEO designate of APM Terminals {Maersk Group},represented by Mr. Morten Engelstoft,CEO designate of APM Terminals in Copenhagen,Denmark,on the advancement of the Badagry Deep Sea Port,said the project would also complement the emergence of Lagos as the fifth largest economy in Africa.He said the meeting,held alonside Chairman,APM Terminal,Apapa,Chief Ernest Shonekan,was the culmination of process which begun as far back as 2012 and which has been taken on with renewed vigour by his administration and has thus resulted in this significant foreign investment estimated at over US $2.6billion into Lagos.''This port and free zone,situated on over 1000 hectares is expected to be the largest deep sea port in Africa upon its completion.The project will include a container terminal, oil & gas services and a liquid bulk terminal,with general cargo and Ro-Ro facilities,'' Governor Ambode said.The Governor while lauding the investors for staying the course with the project,expected to generate 500,000 direct and indirect jobs upon completion,pledged his government's commitment to ensuring the interests of the host communities alongside a sustainable regeneration and urban renewal of the area.

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