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

NIGERIA, SOUTH AFRICA TO ISSUE 10-YEAR VISA TO BUSINESSMEN, ACADEMICS.#PRESS RELEASE.

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     Following successful conclusion of the 9th Bi-National Commission of South Africa and Nigeria meeting in Pretoria, South Africa, which was elevated to the level of heads of state, both countries have agreed on issuing 10-year visas to businessmen, academics and frequent travelers.
The agreement was reached in a meeting co-chaired by President Muhammadu Buhari and President Cyril Ramaphosa of South Africa, which was the first time both presidents will preside since the Bi-National Commission was elevated.
The decision was taken to encourage more people-to-people contacts among citizens of both countries and further strengthen socio-cultural, economic and political relations.
At the meeting held at the Union Buildings, Presidential Palace of South Africa, the two presidents agreed on early warning signals to nip violence in the bud before it escalates, while taking into consideration the need to share more intelligence and promote stronger partnership in security.
Both countries also agreed to re-establish the consular forum, which is a structured arrangement where both governments meet regularly, at least twice in a year, to discuss welfare of citizens.
Nigerian Minister of Foreign Affairs, Geoffrey Onyeama and South African Minister of International Relations and Cooperation, Dr Naledi Pandor, signed the minutes of the 9th session of Bi-National Commission.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
October 4, 2019.
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