Posts

Showing posts from April 30, 2017

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

Image
  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

PRESS BRIEFING PARADE OF SUSPECTS ARRESTED IN CONNECTION WITH THE ATTEMPTED ASSASSINATION/MURDER OF SENATOR DINO MELAYE ON 15TH APRIL,2017.{PHOTOS}.

Image
                         Consequent on the attack by unknown gun men on Senator Dino Melaye at his residence at Iyala,Ijumu LGA in Kogi State on 15th April,2017,at about 0030hrs,the Inspector General of Police,IGP Ibrahim K. Idris NPM,mni,swiftly deployed Police Special Tactical Squad {STS} team to unravel the circumstances surrounding the attack and bring the perpetrators to justice. SUSPECTS: i. Taofiq Isah 'M' 54 years principal suspect {Hon. Chairman Ijumu LGA Kogi State} ii. Ade Obage 'M' 29 years iii. Abdullahi Isah a.k.a Eko 'M' 32 years. iv. Ahmed Ajayi 'M' 45 years v. Michael Bamidele 'M' 26 years vi. Ex-Sgt Ede James 'M' 35 years {Orderly to Chairman of Ijumu LGA Kogi State at the time of the attack} EXHIBITS: i. One {1} Ambulance Hyundai Bus ii. Five {5} AK 47 rifles iii. One {1} Berreta pistol iv. Two {2} locally made single barrel shot gun. v. Twenty {25} expended shells of 7.62 mm ammunition. vi. Thirteen {25}

RECESSION NOT A CRIME,A WAKE UP CALL TO REARRANGE EXPENDITURE-AMBODE.{PHOTOS}.

Image
                 Lafos State Governor,Mr Akinwunmi Ambode yesterday saturday said that contrary to the view held by most people,recession was not a crime but a period that calls for government at all level to rearrange its expenditure and give more priority to capital expenditure.Governor Ambode,who spoke at the opening ceremony of the Biennial Convention of the Nigerian Guild of Editors {NGE} held in Ikeja,Lagos with the theme,''A Nation in Recession: Whiter the Nigerian Media?'' sighted example of the steps the former U.S President,Barak Obama took few years ago to save the ailing American economy,saying that Nigeria must be ready to toll such line.The Governor said,''Recession is not a crime,it's just a notice to say that you rearrange the way you do your public expenditure.That's what President Obama did.Yes,there was a burst in 2008 and 2009 but he was very bold enough to put public money into General Motors and even the airlines and that is what is

ANAMBRA BUSINESS MAN,BUILDS MULTI-MILLION NAIRA CHURCH FOR HIS COMMUNITY.{PHOTO}.

Image
                     It was testimony galore for Sir Samuel Anyanwutaku,a Lagos-based Anambra businessman,when he held the congregation of St Andrews Anglican Church,Ogidi in Idemili North local government area of Anambra State,spellbound with the story of how he survived being drowned in a river during the civil war and lived to build a multi-million church for his community.Anyanwutaku,who could not pursue his education due to lack of funds,also told the congregation how he started business with 30 kobo as a boy and was able to increase it to N1460,which he used to seek for greener pasture in Lagos in 1976.He revealed how every adversity that came his way eventually turned out to be something to glorify God,adding that building the church for God was not even enough to thank God for what had happened in his life.''In 1969,during the civil war,I fell into the river called Oyi Nsugbe.That was supposed to be the end of my life since I did not know how to swim''.he stated

ANAMBRA STATE UNIVERSITY FINAL YEAR STUDENT ''MOHAMMED UMAR'' SHOT DEAD ON HIS WAY BACK FROM SUG NIGHT ON FRIDAY.{PHOTOS}.

Image
                                     A final year Computer Science student of the Anambra State University,Mohammed Umar,was shot dead on his way from a Students Union event on friday according to a Facebook User {Ikejiuba Olivis} who posted the news on her wall.It is still unclear as to why the deceased was shot and who perpetrators of the acts are.The facebook user Ikejiuba Olivia wrote ''Its still a shock to me...My Mohammed...We went to sug nite together...we had fun....on our way back home...U were murdered....I don't have much to say but rip dear friend...I can still remember all DAT u told me DAT evening.#iwillnevaforgetyhu#mohammedumar#goinpeace.One more photo below.

TO CELEBRATE WORKERS DAY,AMOSUN APPROVED THE PAYMENT OF WITHHELD SALARIES OF WORKERS WHO EMBARKED ON A STRIKE IN OCT 2016.

Image
                The  State Commissioner for For Finance,Mr Adewale Oshinowo,made this known in a statement in Abeokuta on thursday.He noted that the governor gave the approval on monday.The Ogun Government had invoked the ''No Work,No Pay'' policy and witheld the salaries of the workers who participated in the strike.However,the commissioner stated that with the payment approval,the government had pardoned the workers,which followed the intervention of traditional rulers in the state,who pleaded on their behalf.The commissioner said The government's action was in the spirit of this year's Workers Day celebration scheduled for May 1.He added that the development was a further testimony to the state governmebt's commitment to the welfare of workers.While wishing workers happy May Day celebration,Oshiniwo indicated that ''the release also indicated that the state government had paid the April salary of its entire workforce''.He urged them to rec

SARAKI CONGRATULATES NGE'S PRESIDENT EGBEMODE TODAY+TIJANIYA WORLDWIDE CELEBRATES 31ST MAOULUD OF SHEIK IBRAHIM NIYAS IN ILLORIN.{PHOTOS}.

Image
                                                                      Senate President,Dr Abubakar Bukola Saraki,today sunday,congratulated Mrs Funke Egbemode,on her re-election as the President of the Nigeria Guild of Editors {NGE},during the guild's Biennial Convention in Lagos.Saraku,in a statement by his Special Adviser,Media and Publicity,Yusuph Olaniyonu,in Abuja,noted that the choice of Egbemode,who is the Managing Director and Editor in Chief,New Telegraph Newspapers,is a clear testimony that she has successfully justified the confidence reposed in her by her colleagues in the past year.Saraki said:''I can only admonish her to work harder to extend the frontiers of her achievements as the President of the NGE.Her return unopposed is a fitting tribute to the fact that her contributions have been recognized.As they say: ''the reward for work well done is the opportunity to do more''.He also lauded the NGE for the peaceful and transparent elections whil