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
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LAGOS COOPERATIVE INVESTMENTS HITS N152B+COMMEMORATES 2018 INTERNATIONAL DAY OF COOPERATIVES.{PHOTO}.

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     Lagos State Commissioner for Commerce, Industry and Cooperatives, Mrs. Olayinka Oladunjoye has disclosed that Cooperatives’ investment in Lagos State economy has risen to N152 billion in the last three years.
She attributed the feat to concerted efforts by the present administration in the State to turn the cooperatives movement into an instrument of economic growth and business prosperity.
The Commissioner, who disclosed this on Monday at a Press briefing organised by the State Government to commemorate the Year 2018 International Day of Cooperatives, also noted that there has been an appreciable growth in the number of registered Cooperative Societies in the State.
She explained that the state government will continue to unleash the economic potentials of the Cooperative sub-sector for increased contributions to the State’s economy.
“The general objective of this realignment is to deploy cooperative principles towards the establishment of viable and profitable enterprises”, the Commissioner stated.
Speaking on the theme of this year celebration, "Sustainable Consumption and Production", the Commissioner described it (the theme) as a clarion call to members of the cooperative movement to show how they run successful businesses while respecting natural environment and the resources it offers.
The International Day of Cooperatives is an annual event aimed at increasing awareness about cooperatives societies, highlight the complementary goals and objectives of the United Nations and the International Co-operative Movement, underscore the economic contributions of the Cooperative Movement and also strengthen and extend partnerships between International Co-operative Movement and other actors.
Some activities lined up for the week-long celebration by the state government, are: Cooperative Awareness Walk, Quiz Competition, Visitation to some Homes & Orphanages on Tuesday, Annual Lecture/Exhibition on Thursday, Jumat Sevice/ Parade on Friday and the grand finale on Saturday July 7thwhich will be followed by Thanksgiving service on Sunday.The grand finale will feature Merit Award/Gala Night at Sheraton Hotel and Towers, Ikeja and will have the Governor of Lagos State, Mr. Akinwunmi Ambode as the Special Guest of Honour.
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