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
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GOV. SANWO-OLU CANCELS ONGOING APPOINTMENT OF LASU VC, ORDERS FRESH PROCESS.{PHOTO}.#PRESS RELEASE.

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•Directs Outgoing VC To Convene Emergency Senate Meeting
Lagos State Governor and Visitor to Lagos State University (LASU), Mr. Babajide Sanwo-Olu has cancelled the ongoing process set up for the appointment of a substantive ninth Vice Chancellor of the University.
The Governor further directed that a fresh process that would terminate in forty five days should commence immediately.
According to a statement by his Chief Press Secretary, Mr. Gboyega Akosile, Governor Sanwo-Olu's decision on the cancellation came after a thorough investigation and stakeholders engagement, which were necessitated by various petitions against the selection process.
"Governor Sanwo-Olu was inundated with petitions arising from the selection process of the Vice Chancellor by the Governing Council. After a thorough evaluation and investigation of the various complaints, Mr. Governor, in his capacity as the Visitor to the University ordered the cancellation of the process," he stated.
The outgoing Vice Chancellor, Professor Olanrewaju Fagbohun has also been directed by Governor Sanwo-Olu to convene an emergency Senate meeting for the purpose of appointing one of the Deputy Vice Chancellors, who is not a candidate in the cancelled selection process as Acting Vice Chancellor from Monday January 11, 2021 when the tenure of the incumbent Vice Chancellor, Professor Fagbohun expires.
The Governor further directed that, the Senate should select among its members, a pro tem chairman to superintend the meeting and conduct of election of Acting Vice Chancellor.
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