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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I REMAIN GRATEFUL TO BE IN POSITION TO HELP- DAVIDO. (PHOTO).

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 I remain grateful to be in position to help – Davido


Music star David Adeleke popularly known as Davido has expressed gratitude to God for putting him in position to lift others as he announced making another donation of N300 million through his foundation, the David Adeleke Foundation, DAF, to orphanages across the country.


This, the singer said, is part of his annual contribution to support the welfare of Nigerian children.


Davido made this known in a press statement he posted on his Instagram Thursday evening.


According to the statement, the total number of eligible children is 13,936, with 1,688 deemed eligible to benefit from the funds.


It further stated that the allocation is set to benefit a total of 427 eligible orphanage homes , with a total amount of N300 million to be disbursed, translating to an average of N19.733 per eligible child.


The statement reads in part: “We are pleased to announce that the Davido Adeleke Foundation, DAF, has committed to an additional donation of N300 million to orphanages across Nigeria as part of our ongoing efforts to contribute to the welfare of our nation’s children.


“We understand the importance of transparency and accountability in charitable endeavours. Therefore, we assure the public that the allocated funds have been deposited into the Foundation;s Bank accounts, as mentioned in previous announcements.


“ We acknowledged that the process of disbursing these funds to various orphanages will take time as the statistics of these orphanages constantly change over time. We are committed once again to ensuring that the allocation is carried out meritoriously, with a thorough vetting process in place to verify the legitimacy of recipient institutions and guarantee that the funds are utilized for their intended purpose.


“We anticipate that the disbursement process will be completed within the next two to three weeks. During this time out, the team will work diligently to verify and process payment of the selected orphanages across the country.”


Also, in an accompanying Instagram post, Davido wrote, “ To our nation’s children, I remain grateful to be in a position to be able to help. Please accept my humble contribution. Together we shall shape a brighter future,”


Recall that in 2023, the ‘Unavailable’ singer extended the same gesture by donating the sum of N237m to some orphanages across the country. The singer in a statement said the sum was distributed to 424 orphanages in Nigeria.


Also, in 2021, he challenged his friends and fans to support his 29th birthday by donating N1 million each to him. He explained that he had always been in a position of lifting others and wanted them to return the favour. He ended up raising a total of N200,000,000 , with additional personal donation of N50,000,000, totaling N250,000,000, which he later donated to orphanages across Nigeria.

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