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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LASG PROPOSES NEW ELECTRICITY POLICY.{PHOTO}.#PRESS RELEASE.

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... Policy will accelerate “Light-Up Lagos” initiative when operational, says Energy Commissioner
The Lagos State Government, through the Ministry of Energy and Mineral Resources, is set to have a State Electricity Policy that will serve as a blueprint for the attainment of universal access to electricity.
Commissioner for Energy and Mineral Resources, Olalere Odusote broke the news on Tuesday at this year’s Ministerial Press Briefing, in commemoration of the second year anniversary of the Governor Babajide Sanwo-Olu administration at Alausa, Ikeja.
According to him, the electricity policy, when it becomes functional, will also accelerate the "Light-up Lagos" programme.
The Commissioner noted that "Lagos Electricity Policy is vital in achieving the T.H.E.M.E.S. Agenda and will serve as a key driver for the social and economic development aspirations of the State in consonance with Government’s 30-year Development Plan (2021 – 2051), currently being developed.”
Odusote, an engineer, added that Governor Sanwo-Olu approved the procurement and installation of twenty thousand (20,000) units of Prepaid Energy Meters for Communities as a way of improving electricity supply.
The Commissioner also emphasised that the Sanwo-Olu-led Administration and a leading smart metering solution company (Elsewedy Electric) had agreed on meter supply to target low-income communities and also identified transmission infrastructure challenges across the State.
Odusote also recalled that a programme titled “Smart Hackathon 2020”, was launched last July by Governor Sanwo-Olu, who said the idea was to design, produce and mass-distribute affordable and reliable Smart Meters in Nigeria.
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