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 STRENGTHEN BILATERAL RELATIONS WITH CHINA.(PHOTOS).

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FG TO STRENGTHEN BILATERAL RELATIONS WITH CHINA



Federal Government in its efforts to actualise the Administration's 8-Point Agenda of Renewed Hope, has pledged its commitment to strengthen bilateral relations with the People's Republic of China for deepened economic cooperation that will be mutually beneficial to both countries. 

Vice President, Kashim Shettima, represented by the Minister of State, Ministry of Steel Development,Uba Maigari Ahmadu, stated this at the Mid Autumn Festival and Chinese National Day Celebration held in Lagos.

The Minister reiterated Federal Government's commitment to strengthening economic cooperation with China that will lead to expanding trade opportunities and exploring new avenues for investment and technological cooperation. Noting that the Chinese business relationship with Nigeria will bring greater socioeconomic benefits to both nations. 

He stressed the need for  better investment climate, improved infrastructure development, eased business conditions that will open more opportunities in Steel Development, Agriculture, Renewable Energy, Technology as well as Communication. 

He emphasized Federal Government's readiness to ensure responsible business practices that will further deepen the collaboration, as according to him, engaging in responsible business practices is crucial for long-term success. 
          
The Commercial Consul at the Chinese Consulate, Mr. Guo Pengwen disclosed that both countries have bilateral trade relationship.

 According to him, Nigeria ranks third in bilateral trade and second in trade and importation. 

Mr Pengwen noted that the exchange of goods and services had diversified Nigeria's export base and strengthened overall economic stability in sectors such as infrastructure development, telecommunications, agriculture, energy, manufacturing, and transportation.

He added that these projects had not only improved Nigeria's transport networks but also created employment opportunities and enhanced connectivity within the country.

More photos below. 




 

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