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

TRAFFIC GRIDLOCK: LAGOS INDUCTS 1,017 NEW LASTMA OFFICERS.{PHOTOS}.#PRESS RELEASE.

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      Lagos State Governor, Mr. Babajide Sanwo-Olu, has said part of the strategies to realise his administration’s traffic and transportation blueprint is to scale up the capability of the Lagos State Traffic Management Authority (LASTMA) to discharge its mandate.
Improving efficiency of the State-owned traffic management agency, Sanwo-Olu said, is central to the efforts being put forward by his Government to diffuse gridlocks on the roads and reduce travel time for commuters.
The Governor spoke on Wednesday at the passing-out parade of 1,017 newly recruited LASTMA officers who graduated from Induction Course 10 of the agency.
Sanwo-Olu reiterated his obligation towards strengthening the resourcefulness of LASTMA personnel at all level, noting that his administration had doubled welfare packages of LASTMA officials to motivate them for optimised performance.
He said: “The Lagos State Traffic Management Authority was established 20 years ago to tackle traffic congestion and ensure hitch-free flow of traffic on our roads. Since inception, so much has happened and Lagos has grown in leaps and bounds. Human and vehicular population has increased tremendously.
“In managing this growth, activities of LASTMA have been a constant feature on the landscape, adapting and evolving to contain the increasing challenges of traffic management across the State. The leadership of LASTMA has invested hard work and resourcefulness over the years in implementing the founding vision of the agency for the development of Lagos.
“Therefore, I congratulate all the 1,017 graduating cadets for successfully undergoing the rigorous training which has been designed to put them in the physical, mental and psychological state required for the job. Their recruitment must been seen as an opportunity to serve and contribute to the economic development of Lagos, because of the importance of their daily responsibilities to the economic productivity and prosperity of the State.”
If Lagos achieves free flow of traffic and reduction in travel time, Sanwo-Olu said it would translate to increased productivity and better economic output for the State.
The Governor charged the new recruits to accept their responsibilities with passion, and detach themselves from activities that may undermine their commitment to excellence.
Sanwo-Olu reiterated his administration’s policy of zero tolerance for corrupt practices in any form, urging the new officers not to leave room for the public to doubt their honest, integrity and commitment to efficient traffic management.
He said: “Our administration remains intolerant to corrupt practices and harassment of law-abiding residents of the State. As you have been commissioned today as traffic management officers, you have become public servants and you must steer clear of corruption, which is not limited to extortion or financial malfeasance. Indiscipline, abuse of office, or harassment of citizens will be frowned upon, and necessary and decisive action will be taken against any and all defaulters.
“Based on the responsibility you have accepted to do on behalf of the State Government, I want you all to be best crop of traffic officers in history of LASTMA. You have been trained and prepared to be the new face of LASTMA that will help my administration to realise its transportation and traffic management programmes.”
The Governor used the opportunity to reassure residents on the recent restriction of Okada and tricycles in some parts of the State, stressing that the decision was not intended to inflict pain on the people. The policy, he emphasized, was conceived and implemented with the interest, welfare and safety of Lagosians in mind.
General Manager, LASTMA, Mr. Olajide Oduyoye, said Sanwo-Olu made history by becoming first sitting Governor to attend induction of new officers in the history of the agency.
The LASTMA boss charged the new officers to be diligent in the discharge of their responsibility, reminding them that Lagosians expected more from them.
He said: “You are putting on uniforms of respect and dignity, but with large responsibilities for you to deliver. You must work assiduously to ease traffic flow and your conduct must not bring disorderliness at your areas of duty.”
The Commissioner for Transport, Dr. Frederic Oladehinde, said the State’s ability to enforce traffic regulations remained key to building 24-hour economy, adding that the recruitment of the officers would impact directly on productivity in the State.More photos below.
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