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

AMBODE COMMISSIONS ABULE EGBA,AJAH FLYOVERS,LEKKI ROADS TODAY+TO CONSTRUCT BADORE,REGIONAL ROADS IN LEKKI.{PHOTOS}.

Image may contain: 6 people, people smiling, people standing and outdoor            Lagos State Governor,Mr Akinwunmi Ambode today Wednesday commissioned the Ajah and Abule Egba Floyovers,saying that both bridges were creative solutions by his administration to address the perennial traffic associated with the areas,as well as boost economic activities in both axes.The Governor,who spoke at separate events in Ajah and Abule Egba to official open the Bridges,christened as 'Jubilee Bridges' for public use,said that while the driving motive behind Ajah Bridge was to improve connectivity in the axis and facilitate economic growth,the Abule-Egba Brige was about opening up other areas of the State and improving the lives of residents in the area.Speaking at Ajah,the Governor recalled that the area was troubled with terrible traffic gridlock on a daily basis,which according to him was crippling business activities,causing loss of valuable man hours and revenues.He said the Bridge would eliminate the traffic jam usually experienced on the road while the Freedom and Admiralty roads,which he also commissioned,would provide an alternative route to the Lekki/Ikoyi Bridge,thereby,easing traffic at Lekki Phase 1.''We had to give this project priority because of its strategic importance to the economic growth of the Lekki Free Trade Zone and the Ibeju-Lekki-Epe axis.This axis will play a key role in the future prosperity of Lagos State as the home to many multi-billion naira private investments in the Lekki Free Trade Zone as well as the upcoming seaport and airport.As a government,we are irrevocably committed to making Lagos State an investment haven and we have made it a duty to put in place top class infrastructure that will facilitate movement of people,goods and materials.We are confident that these initiatives will boost commercial activities in this axis,support economic growth and significantly reduce travel time as well as other costs associated with traffic challenges'',the Governor said.Besides,Governor Ambode said that beyond the Bridge,his administration was already looking to activate the Badore jetty in line with efforts to commence reforms in the State's water transportation efforts.He said this intervention would see the creation off a bus route from Badore to Langbasa and Ajah axis,rehabilitation of the Badore Road and also create alternative routes through Oke-Ira to the Epe expressway,while the alternative slip road which motorists used while the construction of the Briddge lasted would be closed to accommodate a new Bus Terminal.At the commissioning of Freedom Road and Admiralty Way in Lekki,Governor Ambode said in continuation of efforts to open the axis for economic activities,the State Government in parnership with the private sector would commence construction of 8km Regional Road to serve as alternative route to connect Victoria Garden City {VGC} from Freedom Road.Governor Ambode,who also spoke at the commissioning of Abule Egba Bridge,said the project was a result of the Government's engagements with the people of the axis and his administration's strong desire to make life easier and better for the people.He said the area was a strategic route for commercial and social activities which was riddled by heavy traffic gridlock,hence his administration's decision to redesign the traffic flow chart of the axis to ensure better connectivity between Lagos and Ogun States.''Today,we all have cause to rejoice as the Jubilee Bridge,Abule-Egba is delivered.This bridge is one of the interventions we embarked upon to ensure free flow of traffic,stimulate commercial activities and create opportunities for our people.Lagos means business and today,Abule-Egba is open for business.This bridge signposts the beginning of a new era of development that would enhance the standard of living of the people in this axis with the provision of this infrastructure,'' Governor Ambode said.More photos below.
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