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

PRESIDENT BUHARI PRESIDES OVER FEC MEETING TODAY+LAMENTS DEATHS AND DESTRUCTION OF FARMS IN KEBBI STATE BY FLOODS, SAYS DISASTER COULDN'T HAVE COME AT A WORSE TIME FOR FARMERS.{PHOTOS}.#PRESS RELEASE.

 

    President Buhari presides over a virtual Federal Executive Council Meeting at The State House, Abuja. 2nd September, 2020. Photos; Tolani Alli.


PRESS RELEASE:

PRESIDENT BUHARI LAMENTS DEATHS AND DESTRUCTION OF FARMS IN KEBBI STATE BY FLOODS, SAYS DISASTER COULDN'T HAVE COME AT A WORSE TIME FOR FARMERS
President Muhammadu Buhari has expressed deep concern over the heavy floods that took a number of lives, submerged thousands of hectares of farmlands and houses, destroying farm produce and personal belongings in the affected communities.
According to the President, "I am particularly sad over this incident because it's a setback to our efforts to boost local rice production as part of measures to stop food importation."
President Buhari noted that, "Kebbi State is the focal point of our policy to produce rice locally as part this administration's commitment to agricultural revival which suffered relative neglect in favour of food importation."

He said that "With the loss of six lives and still counting; thousands of hectares of land flooded and estimated economic losses of more than one billion Naira by rice farmers in Kebbi State, we face a major setback in our efforts to boost local food production.".
President Buhari noted that, "This bad news couldn't have come at a worse time for our farmers and other Nigerians who looked forward to a bumper harvest this year in order to reduce the current astronomical rise in the costs of food items in the markets.”
The President, while sympathising with the bereaved families and farmers affected by the devastating floods, has assured that "we are going to work closely with the Kebbi State government in order to bring relief to the victims."
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
September 2, 2020.
More photos below.

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