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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I'LL REDUCE LASUST TUITION FEES, MAKE IT BIGGER, SANWO-OLU ASSURES STUDENTS.(PHOTO).#PRESS RELEASE.

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I'LL REDUCE LASUST TUITION FEES, MAKE IT BIGGER, SANWO-OLU ASSURES STUDENTS



•Students troop out in thousands, shower encomium on Governor

Lagos State Governor, Mr. Babajide Sanwo-Olu on Friday assured students of the new Lagos State University of Science and Technology (LASUST), Ikorodu, that he would make the institution bigger and best choice in Nigeria.

Governor Sanwo-Olu, who had a stop at the Ikorodu campus of the University, while on his way to the commissioning of the new plant of Kimberly-Clark Factory in Odonguyan area, also assured the students that he would work towards reducing the institution's school fees.

Addressing the students who came out to welcome him after his helicopter landed at the school of technology car park, Governor Sanwo-Olu said he is committed to making Lagos State University of Science and Technology one of the best universities of choice in Nigeria.

He said: "Great students of Lagos State University of Science and Technology. You are now university students; it is going to work well. We'd continue to do what we're doing to ensure that you finish well. JAMB has put your name (Lagos State University of Science and Technology) as a full university.

"We know you have a small concern about your school fees, we are going to look at it and we are going to bring it down. We are going to be building this university that would be bigger than even LASU very soon," Governor Sanwo-Olu assured.

It would be recalled that the National Universities Commission (NUC) Executive Secretary, Prof. Abubakar Rasheed on February 8 handed over certificates for two new Lagos universities - Lagos State University of Education (LASUED) and Lagos State University of Science and Technology (LASUST) to Governor Sanwo-Olu at the commission's headquarters in Federal Capital Territory (FCT) Abuja.

With the issuance of clearance certificates of operation by NUC, Lagos State University of Education is now the 56th state university and 204th University in Nigeria, as well as the second University of education in Nigeria while Lagos State University of Science and Technology is 57th state university and 205th university in Nigeria.

The two universities are in addition to the existing Lagos State University (LASU), Ojo, established in 1982 by the first Civilian Governor of Lagos, the late Alhaji Lateef Jakande. Lagos State now has three state-owned universities.

Speaking at the event, Governor Sanwo-Olu expressed optimism that the two newly approved state-owned universities would be reference points in academic circle in no distant time.

He said operation of the two additional universities would assist in meeting the demands and needs of the teeming youths who are craving for higher education to be future leaders and reference points not only for themselves and families but for the nation.

Governor Sanwo-Olu said converting erstwhile Lagos State Polytechnic to a University of Science and Technology will bring about innovative engineering, science invention and other innovations that are critical to the development of the country and state; adding that the conversion of Adeniran Ogunsanya College of Education and Michael Otedola College of Primary Education into a University of Education is a proper and right thing to do given the demands and the present needs of students.



 

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