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

ABUJA LIGHT RAIL PROJECT EMPLOYS 10,000 NIGERIANS,MINISTER TOLD DURING PROJECT INSPECTION.{PHOTOS}.#PRESS RELEASE.

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    About 10,000 Nigerians were employed during the construction of the Abuja Light Rail Project, which was recently commissioned by President Muhammadu Buhari, while 100,000 more will be directly or indirectly employed when the project begins full operation.
About 10,000 Nigerians were employed during the construction of the Abuja Light Rail Project, which was recently commissioned by President Muhammadu Buhari, while 100,000 more will be directly or indirectly employed when the project begins full operation.
Mr. Agbakoba said that in addition, 68 highly-skilled personnel have been trained in Malaysia and China on Railway Operations and Management in order to build the required technical capacity needed to run such a modern rail system.
“FCTA (Federal Capital Territory Administration) and Nigeria now have capacity to supervise similar railway construction projects from start to completion within 3 to 4 years of conception,” he said.
While conducting the Minister and his team round the train stations, the Secretary of Transportation in the FCTA, Mr. Kayode Opeifa, said the present administration inherited the Abuja Light Project at 53% completion stage and delivered the project within 18 months.
He said the project is the first integrated mode of Transportation in Africa that connects the railways and the airport in order to ensure seamless movement of passengers.
Mr. Opeifa said a desk will be assigned to the Federal Ministry of Information and Culture at the Airport Station to showcase the nation's rich cultural heritage and tourism attraction, adding that the station itself is a tourist attraction.
He said although the Abuja Light Rail is currently on a test run with 3 coaches, contract for the construction and supply of 48 additional coaches has been awarded, with the coaches expected to be delivered in batches.
In his remarks, The Minister of Information and Culture, Alhaji Lai Mohammed, said the Buhari Administration is building a legacy of enduring infrastructure for posterity.
“This administration is not looking for quick fixes because quick fixes don’t work. We are laying a foundation for an enduring infrastructural development. We are painstaking and very transparent and we remain focused and committed,” he said.
Alhaji Mohammed expressed the confidence that Nigeria possesses the required technical competence to manage the Light Rail Project and turn it into a huge success.
“Some of the key personnel, who have worked in virtually major rail companies in the world, are actually anchoring the programme. Some of them have been trained in the best schools in the world for transportation and so we are confident of the expertise and experience of the personnel that are handling the light rail and the regional rail,” he said.
The Minister said the level of successes being recorded by the present administration, in its key priority areas, has left the opposition in shock, hence their resort to fake news and hate speech.
The 45.2-kilometre Light Rail Project, which is divided into six lots, comprises 12 stations, 50 culverts, 13 railway bridges, 9 pedestrian bridges, 15 flyovers, and a 21-building Rolling Stock Depot.
Since kick-starting the nationwide tour of Federal Government projects in May 2018, the Minister has inspected eight Federal Government projects, including the Lagos-Ibadan Standard Gauge Rail Line, Lagos-Ibadan, Oyo-Ogbomoso and Enugu-Port Harcourt Expressways, and the Second Niger Bridge.
Segun Adeyemi
SA To Hon Minister of Information and Culture
Abuja
2 August,2018.
One more photo below.
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