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

THE SENATE PASSED 5 KEY MOTIONS YESTERDAY READ TO KNOW WHICH ONES.{PHOTO}.

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     The first was on the need for Nigeria to begin the process of constructing Captive Dams in Communities across the country. This will allow us to increase the amount of fresh water that is available in many of our communities, as well as reduce the drilling of boreholes, which have long-term environmental problem;
The second was on the urgent need to control the indiscriminate erection of speed bumps on Nigeria’s federal roads. Speed bumps are effective with regulating traffic, however, the indiscriminate construction of these bumps often leads to the accelerated wear and tear of vehicles. This is why the Senate resolved to direct the Federal Government to remove all indiscriminate speed bumps on federal highways;
The third Motion was on the boundary crisis, which arises from the non-delimitation of Nigeria’s internal boundaries. This often leads to boundary disputes between neighboring communities. This is why today, we resolved to urge the National Boundary Commission to take immediate steps to stop the lingering boundary crisis in Nigeria;
The fourth Motion was on the need to address the regulatory conflicts between JAMB and universities in the admission’s process into tertiary institutions. In order to remove the regulatory bottlenecks in the system, the Senate has resolved to invite the Committees on Education and TETFUND to organize a stakeholders meeting with the Ministry of Education, JAMB and other stakeholders in the education sector to review the UTME issue, come up with solutions and report back to the Senate in 4 weeks;
Finally, we also passed a Motion on the urgent need for the Federal Government of Nigeria to fund our foreign missions. This is because many of our diplomatic mission abroad are facing serious challenges with their inability to pay the allowances, salaries and rent of home-based office. Additionally, there are several hanging threats by a few host countries to revoke the building permits of some properties abroad that belong to Nigerian missions.In this regard, the Senate moved to ensure that immediate action is taken to rectify this problem by working with foreign Ministers, ambassadors and stakeholders to develop solutions to ensure that are missions are adequately funded.
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