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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FG TO BEGIN GIVING STUDENTS LOANS IN SEPTEMBER, OCTOBER 2023.(PHOTO)

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FG TO BEGIN GIVING STUDENTS LOANS IN SEPTEMBER, OCTOBER 2023


The Bola Tinubu-led Federal Government today has said is working out modalities to begin students’ loans between September and October 2023.

The Federal Ministry of Education, Permanent Secretary, David Adejo, revealed this in Abuja to journalists on the bill signed by President Bola Tinubu.

The bill for student loans was signed into law by President Tinubu on Monday in fulfillment of a promise he made during his campaign. 

It was sponsored by the Speaker of the 9th House of Representatives, Femi Gbajabiamila and it provides for interest-free loans to indigent Nigerian students.

Adejo said the law would provide easy access to higher education for indigent Nigerians through interest-free loans from the Nigerian Education Loan Fund.

According to a report, the loan covers the loan students in private and public schools.

He said that President Tinubu had also approved a committee made up of ministries and agencies to see to the fruition of the loan scheme.

According to him, the bill is to make sure that every Nigerian has access to higher education through what we called the Higher Education Nigerian Bank.

 

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