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

SARAKI MET WITH MDAs RESPONSIBLE FOR THE WELFARE OF NIGERIAN STUDENTS ON SCHOLARSHIP ABROAD TODAY.{PHOTO}.

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  Senate President Saraki said today that  ''Today, I met with representatives of Ministries, Departments and Agencies (MDAs) responsible for the welfare of Nigerian Students on scholarships abroad who are now stranded due to non-payment of their living allowances and tuition fees by relevant government agencies.
At the meeting, I directed the Federal Scholarship Board (FSB) to present a comprehensive report of all Nigerian students on scholarship abroad and their outstanding entitlements to the relevant committees of the Senate to enable the Senate make Appropriations for their settlement.
Additionally, I have called for a comprehensive review of all scholarship policies in the country — through oversight — in order save Nigeria from future embarrassment.
All concerned parties must realize that we have sent many of our best and brightest minds abroad, hence, we must be able to solve this problem of non-payment of scholarships here at home. Moving forward, we cannot allow bureaucracy, bottle necks, or anything to stop us from paying our students scholarships.
Under the Bilateral Education Agreement (BEA) entered into by Nigeria and several foreign governments, some of the host countries have responsibility for part of the upkeep of Nigerian students – while Nigeria must necessarily fulfill her own part. There is a need for the MDAs to look at our responsibility to our students in the different countries, and devise ways of making good on our part of such agreements.
We must recognise that these students scattered that are currently in dire conditions all over the world, represent a sizable component of the future of Nigeria – her dreams of progress and development.
This is another kind of brain drain, The worst part is, this is a brain drain that benefits no one, not even foreign countries. We are not even losing the best of these students to foreign lands – we are in danger of losing them, period. If we don’t rectify this situation – let me put it bluntly – we would be sacrificing their futures; and that, is unthinkable.
We must ensure that the students that we have sent abroad are able to complete their training and come back home in good time so that they can contribute to the development of our nation. However, as we do this, we must also create sustainable and transparent frameworks for the award and management of these scholarships, to give all eligible Nigerians a chance.The relevant Senate Committees will be having a public hearing to comprehensively review all the issues raised today, and come up with concrete recommendations and actions on the way forward''.
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