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

LAI MOHAMMED DEFENDS HIS MINISTRY'S BUDGET FOR THE YEAR 2021 TODAY.{PHOTOS}.#PRESS RELEASE.

 

Honorable Minister of Information & Culture, Alh. Lai Mohammed appears before House Committee on Information, National Orientation, Ethics and Values to defend the Ministry's Year 2021 Annual Budget.

“We on this side of the divide believe that this budgetary regime will contribute immensely to the devt. of our great country if implementation is done with due diligence”
“Although in response to my consistent request for better funding of this ministry and related agencies, there’s an improvement in the amount proposed for her and her agencies in the budget when compared with previous ones”
“Meanwhile, the lack of enough financial allocation that is seriously hampering their performances still requires improvement. In fact, budget of Information ministries in states like Akwa-Ibom and Rivers is far more than what the whole country is proposing for the Federal Ministry of Information & Culture inspite of very high responsibilities attached therein. Hence the need for more and better funding is strongly advocated for us to support the fact that information is power as a wise saying goes”
-Chairman House C’tee on Nat’l Orientation, Ethics and Values, Hon. Odebunmi Olusegun during the 2021 Budget Defence of the Ministry at the National Assembly
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