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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GOV. ZULUM SIGNS N358.7 BILLION 2024 APPROPRIATION BILL. (PHOTO).

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Gov Zulum Signs N358.7 Billion 2024 Appropriation Bill

             
Borno State Governor, Babagana Zulum, has assented to the 2024 budget of 358.7 billion naira into law.

The budget size was increased by eighteen billion naira as passed by the State House of Assembly.

Governor Zulum at the event directed heads of agencies and members of the state executive council to strictly comply with the provisions of the appropriation bill while presenting their memos.

He commended the leadership and members of the Assembly for timely approval of the budget.

"We have to commend the leadership of the House of Assembly, we also have to commend the maturity of the house," Zulum said.

The Governor remarked that with the capital expenditure of over two hundred billion, the state will witness massive infrastructural development.

He expressed optimism that the budget will have significant impact on the citizenry. 

Speaker Borno State House of Assembly, Honourable Abdulkarim Lawan commended the governor for executing quality projects in the last five years.

He explained that the upward review of the appropriation bill was to capture some critical areas which have direct impact on lives of the people.

The revised capital expenditure now stands at over 208 billion while the recurrent expenditure is 150.4 billion naira.


 

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