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

GOV. SANWO-OLU INSPECTS WORK ON THIRD MAINLAND BRIDGE,URGES MOTORISTS ON PATIENCE.{PHOTOS}.#PRESS RELEASE.


    •600 Mass Transit Buses Coming In August - Gov
•Pen Cinema Bridge Gets October Completion Date
Patience - that is all motorists plying the partially shut Third Mainland Bridge need to bear while meandering through the carriageways, as the Federal Government repairs the failed segments of the bridge.
Governor Babajide Sanwo-Olu made the appeal to commuters on Saturday, while on an inspection of the bridge and alternative routes rehabilitated by the State Government.
The Governor also toured various highways where junctions and roundabouts have been redesigned to diffuse traffic, including Allen Junction, Maryland Junction, and Lekki’s first and second roundabouts, among others.
Sanwo-Olu said the bridge’s repair was long overdue and could no longer be postponed as it would portend danger to the residents. The Governor urged motorists to be patient and cooperate with traffic management personnel deployed on the routes, while assuring that the Government would ensure speedy work on the bridge.
Besides, Sanwo-Olu urged commuters to explore the option of waterways as faster alternative. He said the State Government has strengthened the capacity of the ferry services and currently building six additional jetties across the State.
The Governor said: “I am here to supervise the repair activities and to monitor the effect of the closure of the bridge on the vehicular movement, with the aim to enable us focus on where improvement could be made. However, what we need to communicate to the road users is patience. Our traffic management officers are on ground to make their journey hitch-free.
“The contractor handling the repair work will be fully on site by Monday. In the next three months, repair work would have been completed on the first lane, while they will move to the other lane. While we urge road users for patience, we also advise them to look at the option of waterways transportation in commuting to and from the Island. We have just opened the Ilaje jetty for public use and we are delivering additional six jetties across the State to ease movement.”
While inspecting the newly designed Allen Junction on Obafemi Awolowo Way, the Governor said he was satisfied with the project, expressing optimism that the new layout would relieve the highway of gridlock.
Sanwo-Olu disclosed that the State Government, by August, would roll out 600 buses to ply various routes, including Ikorodu, Abule Egba-Oshodi, and Ikeja.
“We are rolling out 600 buses in high and medium capacity. The buses will be deployed next month and they will be seen across busy roads. The medium capacity buses will be plying Obafemi Awolowo Way. Oshodi inward Abule Egba will be priority. We will also be increasing bus capacity from Ikorodu to Tafawa Balewa Square,” he said.
The Governor used the opportunity to explain the slow pace of work on some ongoing capital projects, including the Pen Cinema Bridge in Agege, which, he said, was disrupted by Coronavirus pandemic.
The Pen Cinema Bridge, he said, would now be delivered in October.
The Governor was accompanied on the long-hour tour by some cabinet members, including the Commissioner for Information and Strategy, Mr. Gbenga Omotoso, his Transportation counterpart, Dr. Fredric Oladehinde, Special Adviser on Works and Infrastructure, Engr. Aramide Adeyoye, and Special Adviser on Transport, Hon. Toyin Fayinka.
Sanwo-Olu also inspected drainage at Eric Moore Road, Eko Bridge and Lekki-Epe Expressway.More photos below.
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