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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PRESIDENT TINUBU RECEIVES AMBASSADORS, MANDATES THEM TO FOCUS ON NEW INVESTMENT AND TRADE EXPANSION.(PHOTOS).#PRESS RELEASE

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STATE HOUSE PRESS RELEASE 

PRESIDENT TINUBU RECEIVES AMBASSADORS, MANDATES THEM TO FOCUS ON NEW INVESTMENT AND TRADE EXPANSION


President Bola Tinubu has assured foreign investors of diligent and predictable fund repatriation, and the streamlining of the tax system, while imploring ambassadors to prioritize the exploration of new frontiers of trade relations that will be mutually beneficial as they carry out their duties in the country.

The President received Letters of Credence from the Ambassador of Hungary, Lorand Endreffy; High Commissioner of Rwanda, Christophe Bazivamo, and Ambassador of Ukraine, Ivan Kholostenko, at the State House, on Friday.

Speaking when he received the High Commissioner of Rwanda, the President said the long-standing concerns over trapped funds are receiving attention and that the funds will be processed expeditiously for release.

“We are one family on the continent. We will continue to promote democracy and good governance. I will maintain an open-door policy, and the Minister of Foreign Affairs and the Chief of Staff are also available.

"For the avoidance of doubt, we are already working on the issues of double taxation, and it will be properly streamlined to favour business growth. Nigeria is home and a haven for investors," the President affirmed.

The Rwandan High Commissioner said the government of Rwanda was prepared to enhance bi-lateral relations with Nigeria, with new visa policies and trade agreements. 

At the ceremony, President Tinubu asked the Ambassador of Hungary to explore all opportunities of building partnership, especially in the areas of agriculture and food security, and how to leverage the experience of the country in technology. 

“Thank you so much for taking care of our students who are in your country. We are a very big country, with huge potential to sustainably spur economic growth. We are ready to improve relations, especially in the areas of agriculture and food security," the President said.

The Hungarian Ambassador commended the President for his bold, courageous, and strategic decisions to reposition the Nigerian economy, listing some areas of collaboration to include education, agriculture, food security, security, and medical technology.
 
“My Prime Minister always says that our relations are based on mutual respect,’’ he said. 

President Tinubu told the Ukrainian Ambassador that Nigeria will always work for global peace and harmony. 

“We are with you in prayers. We will continue to support good governance and democracy,’’ the President stated. 

Chief Ajuri Ngelale 

Special Adviser to the President

(Media & Publicity) 

December 15, 2023.
More photos below. 







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