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

PRESIDENT BUHARI ADMINISTRATION HAS ISSUED 5 EXECUTIVE ORDERS SINCE HE ASSUMED OFFICE.{PHOTO}.#INFORMATION-PRESS RELEASE.

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     INFORMATION:
 The Muhammadu Buhari Administration has issued a total of 5 Executive Orders since it assumed office.

1. Executive Order (EO1) on the Promotion of Transparency and Efficiency in the Business Environment:
It is the policy of the Federal Government to create an enabling environment for businesses and entrench measures and strategies aimed at promoting transparency and efficiency. President Muhammadu Buhari constituted the Presidential Enabling Business Environment Council (PEBEC) to coordinate the implementation of this policy.
2. Executive Order EO2 on Budgets:
All Ministries, Departments and Agencies (MDAs) shall, on or before the end May every year, prepare and submit to the Minister of Finance, and the Minister of Budget and National Planning, their schedule of revenue and expenditure estimates for the next three financial years.
3. Executive Order (EO3) on Support for Local Content in Public Procurement by the Federal Government:
All MDAs shall grant preference to local manufacturers of goods and service providers in their procurement of goods and services. Any document issued by any MDA for the solicitation of offers, bids, proposals or quotations for the supply or provision of goods and services shall expressly indicate this preference.
4. Executive Order (EO4) on the Establishment of the Voluntary Assets and Income Declaration Scheme (VAIDS):
The Constitution imposes a duty on every citizen to declare his/her income fully and honestly to appropriate and lawful agencies and pay taxes promptly. Every taxable person is under obligation to voluntarily declare his/her income from all sources within and outside Nigeria by filing annual tax returns, computing same and paying the tax due to the tax authority.
5. Executive Order (E05) on Planning and Execution of Projects, Promotion of Nigerian Content in Contracts and Science, Engineering and Technology:
This Order will drive national competitiveness, productivity and economic activities in all sectors.
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