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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SAUDI ARABIA HAS BEEN KIND TO US, SAYS PRESIDENT BUHARI IN MEETING WITH SAUDI MINISTER.{PHOTO}.#PRESS RELEASE.

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President Muhammadu Buhari Tuesday played host to the Saudi Arabian Minister of Foreign Affairs at State House, Abuja, declaring that the oil rich kingdom has been quite kind to Nigeria. 

Receiving HRH Prince Faisal Bin Farhan Al-Saud, the President said with Nigeria’s large population and infrastructural deficit, the country needed all the revenue she could get from oil, a mainstay of the economy, “and Saudi Arabia has been very kind to us, making sacrifice by reducing production to accommodate us a number of times.” 

President Buhari noted that the relationship between the two countries is very strong, “and dates back in time, both at the personal and national levels.” 

“It is long and steadfast,” the President added. 

Prince Al-Saud brought greetings from King Salman bin Abdulaziz Al-Saud, saying the Kingdom appreciates the relationship with Nigeria, “which dates back 61 years, and we want to strengthen it even further.” 

The two countries, he said, have good prospects both economically and politically, not just among the leaders, but also the people. 

“There’s still a lot we can do together,” the Prince submitted.

 

Femi Adesina

Special Adviser to the President

(Media and Publicity)

September 7, 2021

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