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Showing posts from March 9, 2017

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

BOLANLE AMBODE'S NGO GIVES SCHOLARSHIP AWARDS TO TWO STUDENTS.{PHOTOS}.

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                The wife of Lagos State Governor,Mrs Bolanle Ambode has advised students seeking admission into tertiary institutions to put their best into academics,as seriousness would break all barriers on the way to actualizing their dreams. Speaking at a ceremony organised by Hope for Women in Nigeria initiative {HOFOWEM} for the presentation of scholarship award letters to two students-Oluwadare Caroline Omolola and Afolabi Olakunle Felix,Mrs Ambode noted that coming from a humble background was never a limitation for a serious student,as hard work would pay off with outstanding success in future. She said,''I urge you lucky recipients of the HOFOWEM Scholarship Award and indeed all students of tertiary institutions,to put in your best in academic studies,as that remains the surest way to achieve your dreams''.Mrs Ambode disclosed that the HOFOWEM Scholarship Award was in line with HOFOWEM's ideal,to give hope to underprivileged children by encouraging thei

AMBODE TO DEPLOY DRONE MADE BY LASPOTECH FOR AERIAL SURVEILLANCE+9228 STUDENTS GRADUATE FROM 32 DEPARTMENTS.{PHOTOS}.

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                       Lagos State Governor,Mr Akinwunmi Ambode today thursday said the State Government would deploy drone made by the staff and students of Lagos State Polytechnic {LASPOTECH} to effectively carry out aerial security surveillance across the State.Speaking at the 25th Convocation Ceremony of the institution held at the main campus in Ikorodu,Governor Ambode commended the staff and students for being innovative,saying that government would do everything within its power to promote and fund the drone project to encourage them for the achievement.Governor Ambode also approved the construction of new Main Auditorium,Administrative Block,renovation of the Sports Complex and general facelift to the facilities within the campus environment including equipping and furnishing of the newly built School of Technology Building {Block A}. According to the Governor,it was worthy of note that LASPOTECH,in its 40 years of existence,had occupied a pride of place among State-owned Poly

INEC FIXED FEBRUARY 16,2019 FOR PRESIDENTIAL & NATIONAL ASSEMBLY ELECTIONS.

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                           The Independent National Electoral Commission {INEC} has fixed February 16,2019 for Presidential and National Assembly elections.Similarly,Governorship,State Assembly and Federal Capital Territory Area  Councils polls will hold on March 2,2019.Mr Solomon Soyebi,National Commissioner of the commission in charge of publicity,made this known today thursday in Abuja at a news conference.He said that fixing of the dates was part of efforts by INEC to standardise and ensure certainty of timetable for general elections in the country.Soyebi gave instances that in the US general elections in the country.Soyebi gave instances that in the US,general elections always held on the second tuesday of November in the second year.And,in Ghana,according to him,it is December 7 of election year,while in other places like Mexico,Norway,Sweden,Costa Rica and Switzerland,the dates are also known in advance.''In Nigeria,the Constitution provides for the elections to hold no

FEDERAL GOVERNMENT HAS APPROVED THE AWARD OF A $470 MILLION CONTRACT FOR ABUJA WATER SUPPLY PROJECT.

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              The Nigerian government has approved the award of a $470 million contract for the greater Abuja Water Supply Project to provide water for residents of the Nigerian federal capital.The Federal Executive Council approved the contact at its meeting presided over by the Acting President,Professor Yemi Osinbajo. Minister of the Federal Capital Territory,Mohammed Bello,who briefed State House Correspondents on the outcome of the meeting,said the Greater Abuja Water Supply Project,which was one of the three memoranda his ministry presented at the meeting,was aimed at providing potable water supply to greater part of the Abuja.''This project,which is being funded by the China EXIM Bank,is to provide water to what we call loops 1,2,5 and 6,''Bello said,explaining that the overall master plan for Abuja has 10 loops out which looks which ''loops 3 and 4 are already operational,providing water to Garki,Asokoro and the Central Business District''. He

LAGOS STATE JOINED THE REST OF THE WORLD TO MARK THE YEAR 2017 INTERNATIONAL WOMEN'S DAY CELEBRATION YESTERDAY.{PHOTOS}.

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                As the Lagos State Government joined the rest of the world to mark the year 2017 International Women's day celebration,the Deputy Governor,Dr. Idiat Oluranti Adebule has called on women from all walks of life to unite together and speak with one voice that all forms of discrimination,domestic violence and gender inequality against women be stopped with immediate effect.Adebule noted that the annual International Women's Day celebration by the United Nations is in recognition of the important roles that women play in the political,social and economic development of the society,adding that in spite of all barriers being faced in the society,women over the years have broken the walls of limitation to be highly successful in their chosen careers.Adebule wwho described the theme for the year 2017 International Women's Day Celebration,''BE BOLD FOR CHANGE'' as relevant and instructive,stated that it is a clarion call for women to unite,come togethe

UNFPA APPOINTS STEPHANIE OKEREKE YESTERDAY AS THE REGIONAL MATERNAL HEALTH AMBASSADOR FOR WEST & CENTRAL AFRICA.{PHOTOS}.

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             Nollywood actress Stephanie Okereke was spotted at an event yesterday International Womens Day, in which she was named the United Nations Population Fund {UNFPA} Regional Maternal Health Ambassador for West & Central Africa.She captioned the photo above ''I am proud to be named the UNIFPA's Regional Maternal Health Ambassador for West & Central Africa.#UNFPA#IWD20117#UnfpaRegionalAmbassador #MaternalHealth#BeBoldForChange#internationalwomensday''.She also captioned other photos ''An Africa woman should not lose her life while giving birth to her child.I am tired of seeing teenage girls drop out of school because they got pregnant at the wrong age.Are you? #Beboldforchange.What use in great development,if we cannot make child birth safe for women in Africa?.With Dr Greg Izuwa,Dr Sabrina Pestili,Permanent Secretary Lagos state Ministry of Health,Dr Eugene Longnyuy Deputy Rep UNFPA Nigeria,Dr Omolaso Omosehin''.As picture below imme

PHOTOS FROM ACTING PRESIDENT YEMI OSINBAJO'S 60TH BIRTHDAY PARTY YESTERDAY.{PHOTOS}.

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                Ogun State Governor,Senator Ibikunle Amosun and others yesterday wednesday,joined the family of Acting President,Yemi Osinbajo,to celebrate his 60th birthday.Below are some photographs taken at the get together at Abuja.More photos below.

N2.8BN FRAUD:EX-NBC BOSS,MBA'S TRIAL ADJOURNED TO APRIL 4.

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                Justice Gabrial Lolawole of the Federal High Court,Abuja,has adjourned to Aprial 4,2017 for continuation of trial of Emeka Mba,a former Director-General of the Nigerian Broadcasting Commission,NBC,who is facing a 15-count charge of money laundering and procurement fraud to the tune of N2.8billion by the Economic and Financial Crimes Commission,EFCC. Mba is on trial alongside a former Director of Finance of NBC,Patrick Areh; Basil Udotai {trading in the name and style of Technology Adviser} and Babatunde Amure {trading in name and style of Divine Partners} The adjournment of the case followed the withdrawal of an objection raised by I.F Chude,counsel to the second defendant {Areh}, against the admissibility of Areh's statement which the prosecuting counsel,Prince Ben Ikani sought to tender as evidence at the last sitting,February 28.While Chude argued that the statement was involuntarily obtained and should be rejected,Ikani urged the court to discountenance it. J

2 MEN RESCUED YESTERDAY AFTER A MULTIPLE CRASH ALONG SOKOTO METRO ROUTE AT RUNJIN.

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                     The Road Traffic crash along Sokoto metro route FRSC patrol men rescued 2 male adults from a multiple crash that occurred on 08/3/2017,1404hrs along Sokoto metro route at Runjin Sambo.The victims were taken to the Usmanu Danfodiyo University Teaching Hospital