INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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WHEAT FARMERS IN KANO STATE,WANTS F.G TO BAN IMPORTATION OF WHEAT.

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                          Today sunday,the Kano Chairman and Deputy National President of FAN,Mr Faruk Rabi'u,made the call to the Federal Government when he spoke to News Agency of NAN today sunday in an interview.He said ''The Federal Government can use less than one quater of the money to support wheat farmers and boost the production of the commodity in the country.The ban of the importation of wheat was necessary if the government was serious on tackling the unemployment challenges,especially among the rural dwellers in the country.Our major challenges are lack of combine harvesters and ready market.Once these problems are solved,we can feed West Africa countries with commodity.More inputs should be provided to our members to encourage them to go into wheat production''.

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