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

NIGERIANS DON'T OBEY ROAD REGULATIONS-FASHOLA.

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     Minister of Power, Works and Housing, Mr. Babatunde Fashola, has berated Nigerians on road use. According to him, Nigeria roads became death traps because road regulations were not obeyed. The Minister, who spoke at a one-day public enlightenment on developments in the road sector, said that what would make a nation to be prosperous, was compliance on-laws and regulations. He stated that road construction were all over the country, adding that the usage of those road would determine how long they would last.Emphasizing on none adherence to road regulations, he said “all over the world, one common thread of prosperous societies is their level of compliance with laws and regulations. “So, in those societies, you will see trucks parked in proper parks, which creates jobs, and not on the highways, which impede access and opportunity.“In those societies, you will see trucks carrying specified tonnage of cargo because it protects the road, and allows for it to be used again and again.”Therefore, while the temptation to overload and carry more with one truck, against regulation and good practice may be appealing, it is ultimately a barrier to prosperity. “Such practices may provide cheap and perhaps corrupt riches and income, but they do more damage to the roads from which the cheap income is made.
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