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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FASHOLA PROMISES REFUND OF N124BN TO OGUN STATE.{PHOTOS}.

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Image may contain: 2 people, people sitting                The Minister of Power,Works and Housing,Mr Babatunde Fashola,has assured the OgunState government of the refund of N124 billlion spent on the construction of Federal Roads across the state.Mr Fashola gave this assurance in Abeokuta,the Ogun State capital,on Friday,after he led a team from the Federal Ministry of Works and Housing to Ogun State on an inspection and assessment tour of the federal roads and the ongoing Housing project of the Federal Government in the state.The Minister,who expressed satisfaction with the quality of the roads and flyover inspected,revealed that the President Muhammadu Buhari-led government would adequately reimburse the state.Speaking on the plans of the Federal government in the Housing sector,Mr Fashola disclosed that his ministry has started the construction of Federal Housing units along Ajebo road in Abeokuta wwhile another one located at the media village is ongoing.The Minister also added that his ministry has also intervened in the Magboro area of the state which had no electricity for several years with the laying of cables and the provision of power plant.On his part,the Ogun State Governor,Senator Ibikunle Amosun thanked the Federal government for working its talk especially on the reconstruction of the Lagos-Ibadan expressway.Governor Amosun called on the Federal government to intervene on some other Federal roads that require urgent attention in the state.In thiss respect,the Governor mentioned the likes of Papalantoro-Ilaro road,Lafenwa-Ayetoro road,and Lagos-Abeokuta old road among others.Governor Amosun also seized the occassion to mention thee fact that no other state in Nigeria has the number of industries that Ogun State currently has.He added that in view of this,Ogun State contributes almost 40 per cent into the Federal purse.Governor Amosun said this should naturally necessitate the need to review the federal allocation sharing formula that comes from the non oil sector in order to adequately compensate Ogun.
Signed
Adejuwon Soyinka
Senior Special Assistant {Media}
Ogun State Governor
March 25,2017.
More photos below.
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