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

I WON'T INTERFERE IN LASU VC APPOINTMENT PROCESS - GOV. SANWO-OLU.{PHOTO}.#PRESS RELEASE.

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday said he would not interfere with the ongoing selection process that would lead to the appointment of the substantive Vice Chancellor of the state-owned Lagos State University (LASU).


The Governor said he does not have personal interest in who becomes the next Vice Chancellor of LASU and therefore has no intention to influence the process, adding that due process would be followed in the appointment.


Governor Sanwo-Olu made the statement while receiving members of the Committee of Vice Chancellors of Nigerian Universities (CVCNU) led by its chairman, Prof. Samuel Edoumiekumo, who paid him a courtesy visit at the Lagos House, Ikeja on Tuesday.


“The process for the appointment of the substantive Vice Chancellor of the Lagos State University (LASU) is ongoing and I can assure you that all the laws and due process that would lead to the appointment of the vice chancellor would be fully adhered to.


“I have no intention to interfere or have any interest in the choice of who would be vice chancellor. We have put in the committee men and women of impeccable character that have distinguished themselves and are willing to do for us a good job,” he said.    


Governor Sanwo-Olu, who promised adequate and continuous funding for state-owned tertiary institutions in Lagos State, said plans were in top gear to establish two additional universities of technology and education in the State.


The Governor also promised to assist the Committee of Vice Chancellors of Nigerian Universities to get back the title documents of its property situated at Idowu Taylor Street, Victoria Island in Lagos, saying the property would be released to the Committee at no cost. 


He said Lagos State Government will support the Committee on its forthcoming 60th anniversary celebration holding next year.


Speaking earlier, Prof. Edoumiekumo commended Governor Sanwo-Olu for rising to the occasion when COVID-19 pandemic ravaged the state and for delivering dividends of democracy to the people of Lagos State in different sectors.


He said the ongoing metro rail system and the proposed 38 kilometres long Fourth Mainland bridge project, which according to him is one of the single most significant infrastructure projects undertaken by a state government in Nigeria, are testimonies of a thoroughly focused government.   


The Chairman of CVCNU said Governor Sanwo-Olu’s support as the Visitor to the Lagos State University is commendable and called for the Lagos State Government's support for the forthcoming 60th anniversary of the Committee of Vice Chancellors of Nigerian Universities.


“As Nigeria’s economic and social powerhouse, Lagos is arguably a mini-Nigeria and leader in its federation of states. Lagos sets the agenda and leads other states to emulate in economic development, innovation, good governance and education,” he said.


Prof. Edoumiekumo said the Committee of Vice Chancellors of Nigerian Universities is desirous of working with key stakeholders to improve the Nigeria University system and therefore seek for mutually rewarded partnership with Lagos State Government and the people in that regard.

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