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

IT’S IN OUR INTEREST TO STRENGTHEN THE GULF OF GUINEA COMMISSION, SAYS PRESIDENT BUHARI.{PHOTOS}.#PRESS RELEASE.

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     It is in the best interest of member states, and of Nigeria in particular, to fortify the Gulf of Guinea Commission, so it can perform the roles for which it was set up, President Muhammadu Buhari has said.
The President spoke Tuesday in a virtual audience with the Executive Secretary of the Commission, Mrs Florentina Adenike Ukonga, a Nigerian.
“The Gulf of Guinea is very strategic, and it is regrettable that most member states of the Commission are not up and doing. We need to check the theft of oil through the Gulf, the smuggling of arms and ammunition, and the breaking of border regulations through the waters,” President Buhari said.
He promised that Nigeria would be alive to her responsibilities in terms of prompt payment of dues, adding that he would also write leaders of member states “to participate actively in the programmes of the Commission, and to defray their financial commitments.”
While thanking Angola, where the secretariat of the Commission is based, for keeping faith with its responsibilities, President Buhari pledged that in spite of the economic challenges posed by COVID-19 pandemic, “we should keep the organization going.”
Mrs Ukonga had raised the many ills that plague the Commission to include lack of funds, through non-payment of annual dues by member countries, poor attendance at meetings or sending of low level representation, non-holding of elections to determine who the next Chairman would be, since Nigeria finished her tenure in 2018. The Gulf of Guinea Commission, she said, is the framework for consultation on issues of development and cooperation by members, lamenting that in the absence of such, there were deleterious developments like overfishing of the waters, oil theft, pollution issues, arms trafficking, and others.

She appealed to President Buhari to rally the leaders of member countries, “so that the Commission can fulfill its purpose.”
Femi Adesina
Special Adviser to the President
(Media and Publicity)
July 28, 2020.
One more photo below.
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