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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THE SIGNIFICANCE OF PRESIDENT BUHARI’S VISIT TO LIBERIA.(PHOTO).#PRESS RELEASE.

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THE SIGNIFICANCE OF PRESIDENT BUHARI’S VISIT TO LIBERIA


President Muhammadu Buhari is traveling to Liberia tomorrow, Tuesday July 26. The trip signifies the importance attached to the security and wellbeing of Liberia and the rest of West Africa.

On this day, Liberia marks a Special Independence anniversary, commemorating 175 years of self-rule, with the country being the oldest independent post-colonial African State. President Buhari is the Special Guest of Honour at the celebration and will deliver an address.  

The trip to Liberia comes at a time when political instability and the return of coups-d’état have upended two to three decades of democratic order in the sub-region.

Liberia, Sierra-Leone along with Nigeria are going into elections in 2023 and President Buhari is expected to emphasize to them the importance of free, fair and credible elections.

The President is expected to stress the importance of the respect for rule of law rule throughout the sub-region. Without rule of Law and constitutional rule, there cannot be security peace and development.

Peace and security of Liberia (and Sierra-Leone) is important to Nigeria given the enormous investments in men, material and resources expended by this country to secure the two states. Without the leadership of Nigeria in the context of ECOWAS to secure these two, there would not have been a Liberia on the map in its present configuration today.

Bilaterally, Nigeria and Liberia may bring to the table issues of cross-border terrorism, bolstering defence and trade ties.

The warmth of the relationship and personal chemistry between President Buhari and George Weah of Liberia is no less significant and will play a key role in the events of tomorrow.

 
Garba Shehu
Senior Special Assistant to the President
(Media and Publicity)
July 25, 2022

 

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