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Showing posts from May 31, 2016

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

TOKUNBO OR SECOND HAND TYRES,ACCOUNTED FOR MORE THAN 10% OF ROAD ACCIDENTS IN NIGERIA.-FRSC.

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                               The Assistant Corps Marshal in charge of Policy,Research and Statistic,Dt Kayode Olagunju disclosed this on saturday in Ado Ekiti.Olagunjunspoke at a nationwide national awareness campaign organised by the corps for frivers,vulcanisers as well as tyre dealers and other stakeholders.He stated that the accidents which were usually caused by either ''Tokunbo'' or ''second hand'' tyres,accounted for more than 10 per cent of road accidents in the country.Olagunju expressed regrets that most Nigerians still preferred to go for used tyres in spite huge campaign and mobilisation mounted against such practice by the corps.He warned that his men patrolling the highways would henceforth not take it easy with recalcitrant drivers and vehicle owners caught with expired tyres.Olagunju said that the same treatment would be meted out  to government drivers as well as those regarded as ''untouchable'' on the society.Accordin

LAGOS STATE GOVT,URGES REAL ESTATE PRACTITIONERS TO REGISTER WITH ''LASRETRAD''.

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                    The Lagos State Government has urged all the real estate practitioners operating in the state to register with the Lagos State Real Estate Transaction Department {LASRETRAD} in order to monitor and standardise the industry.Addressing members of the press on the activities of the Agency in her Office at Alausa recently,the Special Adviser to the Governor on Housing,Mrs Aramide Giwason implored all estate agents and property service providers who are yet to register to do so with LASRETRAD to enhance adequate monitoring and compliance with international best practice in real estate business in Lagos.According to her ''There have been series of complaints and sharp practice levelled against some estate agents,especially the unlicensed and quacks in this sub sector that often defrauds and swindles unsuspecting residents who patronise them for real estate transaction''.While noting that LASRETRAD was established by an Executive Order to regulate,monitor a

JOSEPH & ADAEZE YOBO WAS CONFERRED CHIEFTANCY TITLES,2 DAYS AGO IN RIVERS STATE.{PHOTOS}.

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                                          Joseph and Adaeze Yobo,was conferred with the Chieftancy titles in Rivers state on the 29th of May 2016 in Ogoni land.Their new titles are,Meene Aborlo Ogoni 1 and Wa Meena Aborlo Ogini 1.I want to wish them all the best,as they look more like King and Queen of Ogoni Land.More photos below.                                                                                                                                                              

PRESIDENT BUHARI,HOSTED THE MEMBERS OF THE NATIONAL ASSEMBLY & OTHER LEADERS OF THE APC,YESTERDAY.{PHOTOS}.

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                             Yesterday monday night,President Buhari hosted members of the National Assembly and other leaders of the All Progressives Congress to a dinner.The occasion was also used to smooth the working relationship between the executive and the legislative.President Buhari urge the Senates to hasten the passage of 5 critical bills which will help domesticate agreements signed with other countries,Bill to prevent and prohibition of money laundering Act,the FCT appropriation Act and also the statutory budget of National Assembly commission.Along with the 30 critical bills on their legislative agenda,all these bills once passed and signed into law will improve the standard of living and help rebuild our economy so that Nigerians cab feel the impact of the government at all levels.More photos below.                                                                                                                                           

THE SENATE PASSED THE BILL TODAY TO ESTABLISH THE NATIONAL INSTITUTE FOR CANCER RESEARCH & TREATMENT+UK PARLIAMENTS IN NIGERIA.{PHOTOS}.

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            Since 2013,Nigeria has recorded more than 2 million cases of Cancer,with up to 500,000 cases of the disease being registered each year.As someone who has suffered the pain of losing a loved one to Cancer,it gives me great joy to announce that today at the Senate,we passed for its third and final reading,the Bill to establish the National Institute for Cancer Research and Treatment.Once established,the Cancer Research institute will provide a holistic national strategy for dealing with cancer treatments,and will serve to reorient the public on preventable measures..President of the Senate,Dr Abubakar Bukola Saraki,today tuesday canvassed for global support for Nigeriain the area of renewable energy and said the country stands to benefit in terms of job creation and affordable power supply if well harnessed.Saraki also gave kudos to the United Kingdom parliament for collaborating with the nation's legislative bodies in putting resources and relevant laws in place for the

IGP ORDERS TODAY,THE DISARMAMENT OF IPOB ACTIVISTS+CONDEMNS THE KILLING OF POLICEMEN BY IPOB.

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               Following the manifestation of the disposition of the armed Independent People of Biafra {IPOB} activists to undertake premeditated attacks on Police officers engaged in operations aimed at restoring public order in States in the South-East and South-South geopolitical zone of the country,the country,the Inspector General of Police,IGP Solomon E. Arase,fdc,NPM has directed the Assistant Inspectors General of Police and the Commissioners of Police in the affected area to disarm members of the group operating firearms immediately.The IGP noted that the targeted attacks on Police personnel,who have been performing their statutory functions in the most professional and civil manner since the latest resurgence disorder,portrays the IPOB activists who are orchestrating the insurrection as having crossed the threshold in their misguided attempt to test the common will of the nation.IGP Arase,while condemning the killing by members of IPOB,also directed the arrest of any members

SOUTH KOREAN PRESIDENT,RECEIVED A 21 GUN SALUTE IN KENYA TODAY AS SHE PROCEEDS TO SIGN AN AGREEMENT.{PHOTOS}.

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                   On the second day of her three days visit,South Korean President Park Geun-hye received a 21 gun salute and a military guard of honour.Park is in Kenya to improve trade between the two nations which currently favours South Korea.Kenya is the third leg of her African tour which started with Ethiopia and Uganda.The two presidents held talks today tuesday and were expected to sign agreements later in the day.According to South Korea's ambassador to Kenya Young Dae Kwon,Park is travelling with a delegation of more than 200 who include businessmen and government officials.Kwon said bilateral agreements in security,health,agriculture,information technology,trade and culture will be signed in the tour.More photos below.