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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RENOVATION OF NATIONAL ASSEMBLY COST N30BN-MINISTER.(PHOTO).

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Renovation Of National Assembly Cost N30bn - Minister 

The Federal Capital Territory Administration would spend N30.222 billion in the ongoing rehabilitation of the National Assembly Complex, the Minister, Malam Musa Bello had said.
 
Bello disclosed this on Thursday when the Senate Committee on FCT carried out an oversight visit to various project sites being constructed by the Federal Capital Territory Administration (FCDA) in Abuja, according to Daily Post.

He disclosed that the cost of approval of the rehabilitation work by President Muhammadu Buhari was N37 billion, which was included in the 2020 budget of the Federal Capital Development Administration.
 
He, however, explained that the cost was reviewed downward to N9.25 billion in the revised 2020 budget to enable the FCDA to pay contractors, leaving a balance of N21.025 billion.
 
Bello stated that the total cost of rehabilitation work which stood at N30,229, 290,830.35 billion was not part of the National Assembly’s annual budget of N128 billion as some people had claimed.
 
He also that the contract, which was awarded on December 30, 2021, has a completion period of two years.


 

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