BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY . (PHOTO). #PRESS RELEASE.
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
The Trade Union Congress {TUC} and the Nigerian Labour Union Congress {NLC} have called for a special salary for the employees residing in the Federal Capital Territory following the high cost of living in Abuja.The Union Leaders made the call yesterday Monday at the 2017 May Celebration in Abuja,with the Theme: ''Labour Relations in Economic Recession: An Appraisal''.Mr Amodu Olayinka,TUC FCT Chairman,said the Federal Government and the FCT Administration need to urgently create and adopt a special salary structure for workers residing in the capital territory.He said special salary would motivate and increase the morale of workers in Abuja as civil servants are the engine room off any government.Olayinka explained that the prevailing economic recession and high cost of living in the FCT made it imperative for government to create a special salary structure for employees residing in Abuja.According to him,the new injection of luxury buses for transportation by the Federal Capital Territory Administration {FCTA} has reduced the stress and suffering of commuters .''We will appreciate if more buses can be provided and other MDA's to follow the same step to help ease the stress of the common man''.According to him,the creation and completion of more access roads to link up area councils will reduce traffic congestion,stress and fatigue experienced by commuters on daily basis.Also,Mr Amaechi Lawrence,NLC FCT Chairman,said the non-regular payment of pension to retirees was becoming a recurrent issue and urged that remittance should be monitored against sharp practice of with-holding some percentage of pensions of retired civil servants.Lawrence said delay in staff promotion was demoralising and appealed to MDA's to conduct promotion and release the result on time to boost the morale of workers and lay to rest stagnation in the service.He,however,commended the Federal Government on its efforts towards economic revival with the launch of New Economic Reform Plan.
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