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

FUEL SUBSIDY: GOVERNOR OBASEKI PROMISE INCREASE IN MINIMUM WAGE.(PHOTO).#PRESS RELEASE.


Fuel subsidy: Governor Obaseki promise increase in minimum wage 

.... To reduce Edo state worker working days

Read the governor's statement below:

"In the wake of fuel subsidy removal by the Federal Government, fuel prices have increased astronomically leading to rise in prices of goods and services and overall cost of living.

The Edo State Government shares the pains of our people and wants to assure everyone that we are standing with them in these very challenging times.

We want to reassure our people that we will do all within our powers as a subnational government to reduce the pains and ameliorate the sufferings our people are currently facing due to the current realities.

As a proactive government, we have since taken the step to increase the minimum wage paid to workers in Edo State from the approved N30,000 to N40,000, the highest in the country today.

We want to assure you that we will continue to pay this amount, while we hope to increase it even further, if more allocation accrues to our State from the Federal Government in view of the expected savings occasioned by the removal of the fuel subsidy.

We know the hardship that has been caused by this policy which has radically increased the cost of transportation, eating deep into the wages of workers in the State. Therefore, the Edo State Government is hereby reducing the number of work days that civil and public servants will have to commute to their workplaces from five days a week to three days a week till further notice. Workers will now work from home two days every week.

Similarly, for teachers and parents, their commuting to school will be reduced as government is working on deepening the EdoBEST@Home initiative to create more virtual classrooms, thereby reducing the cost of commuting on parents, teachers and pupils. The Edo SUBEB will provide details on this initiative in the coming days.”

To lower the rising cost of energy on our people, we will continue to work with the electricity companies in the State to improve power supply to homes and businesses.
Similarly, fibre optic connections are being made available to help our people work remotely, thereby reducing their cost of transportation. 

While government intensifies these efforts to alleviate the burden of the fuel price increase on the people during this very challenging period, we want to call on everyone to remain calm and go about their daily businesses lawfully.

His Excellency,
Godwin Obaseki 
Governor, Edo State"

 

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