Nigeria Refutes Allegations by Binance Executive Tigran Gambarya

Abuja, Nigeria - March 13th, 2025 - The Federal Government of Nigeria strongly refutes recent allegations made by Binance executive Tigran Gambarya, calling them inaccurate and misleading. Nigerian officials are committed to defending the country's legal system and business reputation.

The Federal Government of Nigeria has issued a strong response to recent allegations made by Tigran Gambarya, a senior executive at Binance, regarding his legal matters in the country. Nigerian officials have dismissed these claims as inaccurate and misleading, asserting that they are an attempt to damage the country's reputation.

In an official statement released today, the Nigerian government clarified that Gambarya's claims regarding legal issues in the country are baseless and without merit. Officials emphasized that Nigeria's legal system is fair and transparent, with any individual or organization found in violation of the law being dealt with according to due process.

The government also expressed disappointment at Gambarya's actions, which they believe aim to undermine the country's efforts to create a business-friendly environment for foreign investors. They highlighted Nigeria's recent economic growth and stability, which has attracted numerous international companies, including Binance, to invest in the country.

Further, Nigerian authorities reaffirmed that they are open to addressing any legitimate concerns or issues raised by Gambarya or other foreign investors. However, they will not tolerate false accusations that could harm the nation's image and potentially discourage future investment.

In conclusion, the Nigerian government reiterated its commitment to upholding the rule of law and safeguarding the interests of both local and foreign businesses. Officials urged all parties to refrain from spreading misinformation and to collaborate toward mutual growth and development.

Mohammed Idris, Honorable Minister of Information and National Orientation.

Ministry of Information and National Orientation
Abuja, FCT, Nigeria

About Federal Government of Nigeria
Nigeria is a federal republic composed of 36 states and a capital territory. An elected president and a bicameral legislature draw their authority from the constitution, which gives the executive branch and the office of president strong federal powers. The bicameral National Assembly consists of a 360-member House of Representatives and a 109-member Senate.

This release was published on openPR.