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,TUC BREAK DEADLOCK ON FUEL SUBSIDY, TO RECONVENE TUESDAY. (PHOTO).

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 FG, TUC break deadlock on fuel subsidy, to reconvene Tuesday* 

The Federal government and Trade Union Congress of Nigeria have made progress on the negotiations toward resolving dispute over the removal of fuel subsidy.

The Federal Government Team and that of TUC led by its President, Comrade Festus Osifo met on Sunday in a meeting that started about 4pm and ended around 7.30pm.

Addressing the State House Press Corps after the meeting on Sunday, Mr. Dele Alake who is part of the government negotiation team said much progress has been made in talks with TUC leaders.

He revealed that a major demand from TUC is wage increase for workers to accommodate the burden of rising cost of living the subsidy removal will bring noting that the Federal Government is not aversed to wage increase as President Bola Tinubu himself had hinted on wage increase during his meeting with governors of All Progressives Congress on Thursday.

The leadership of the Nigerian Labour Congress led by Joe Ajaero didn’t attend the Sunday meeting with government team that had Mr. Wale Edun, Olayemi Cardoso, Group Managing Director of NNPC, Mele Kyari, Central Bank Governor, Godwin Emefiele, labour leader and former Governor of Edo State, Adams Oshiomhole among others.

Mr. Alake said the meeting with TUC will resume on Tuesday after further consultations by both sides to firm up resolutions.

 

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