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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POLICE ARE CRUCIAL IN FACILITATING EASE OF DOING BUSINESS- SENATOR GAIDAM. (PHOTOS). #PRESS RELEASE.

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 PRESS RELEASE


POLICE ARE CRUCIAL IN FACILITATING EASE OF DOING BUSINESS- SENATOR GAIDAM



The Honourable Minister of Police Affairs, Senator Ibrahim Giadam has reiterated the role of the police in enabling ease of doing business in Nigeria as it requires a secure and stable society where businesses can operate without the fear of crime, corruption, or undue interference.

He stated this during a meeting with the Presidential Enabling Business Environment Council (PEBEC) team led by the Special Adviser to the President on PEBEC & Investment led by Dr. Jumoke Oduwole at the Headquarters of the Ministry in Abuja.

  The Minister pointed out that the primary role of the police is to maintain law and order, protect lives and property, and enforce the rule of law, noting that a safe and secure business environment is essential for businesses to operate smoothly and for investors to feel confident in investing in the country.

In his words, “Your presence here signifies a crucial step towards fostering a more conducive business environment in our beloved country, Nigeria. As we gather here to discuss the Ease of Doing Business Regulatory Reform Accelerator, aimed at enhancing growth in productivity and competitiveness across key sectors of the Nigerian economy, I am filled with optimism and excitement about the positive impact that our collaboration can have on our nation's economic landscape”.

He added that the Ease of Doing Business Regulatory Reform Accelerator initiative is a testimony to their commitment to promoting business growth and development in Nigeria.

 

“By identifying key barriers to doing business in our country and implementing targeted reforms, we aim to create a more efficient, transparent, and competitive business environment that will benefit both local and foreign investors. Gaidam stressed.

The Minister opined that upholding the principles of fairness, transparency, and accountability is paramount to winning the trust and confidence of investors.

 

He said the objective of the reform is to eliminate corruption and misconduct within our ranks and build a police force that is respected and admired.  We will implement robust systems to ensure that cases of misconduct and corruption are promptly and transparently addressed”.

 

According to him, “Corruption can be a significant barrier to doing business in Nigeria. The police can contribute to combating corruption by enforcing anti-corruption laws, investigating cases of corruption, and promoting transparency and accountability in their operations”.

 

Earlier, the Special Adviser to the President on PEBEC & Investment Dr. Jumoke Oduwole appreciated the Minister's commitment to the implementation of Mr. President's agenda to provide a friendly enabling environment for businesses in the country.

She requested the Ministry's intervention in facilitating ease of doing business in the airports, seaports, and trade corridors to curb the extortion and numerous checking points on the roads.

In her words, what concerns us more are business climate and investors, travelers' interface, movement of goods from farm to port, the challenges of extortions and delay in the movement of goods and services, and the need to avoid litigation against the agencies and Federal government.

 

 

Bolaji O. Kazeem

Deputy Director (Press)

March 20, 2024

 

Pic L-R:  Special Adviser to the President on PEBEC & Investment Dr. Jumoke Oduwole, Minister of Police Affairs, Senator Ibrahim Giadam, and Permanent Secretary, Dr. Nasir Sani-Gwarzo during a meeting with the Presidential Enabling Business Environment Council (PEBEC) team at the Headquarters of the Ministry in Abuja.

Pic Group seated:  Special Adviser to the President on PEBEC & Investment Dr. Jumoke Oduwole, Minister of Police Affairs, Senator Ibrahim Giadam, Permanent Secretary Dr. Nasir Sani-Gwarzo and Directors during a meeting with the Presidential Enabling Business Environment Council (PEBEC) team at the Headquarters of the Ministry in Abuja.

More photos below. 



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