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Showing posts from May 25, 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

N415.730 BILLION HAS BEEN DISTRIBUTED AS FEDERAL ALLOCATION FOR THE MONTH OF APRIL 2017.{READ}.

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                A total of N415.730 billion has been distributed as Federal Allocation for the month of April 2017 by the Federal Governmebt,State Governments and Local Government Councils.The communique issued by the sub-Committee of Federation Accounts Allocation Committee {FAAC} of the Office of the Accountant-General of the Federation,at the end of the meeting held in Abuja on May 23,2017,indicated that the gross statutory revenue received for the Month is N248.110 billion,which is lower than the N331.583 billion received in the previous months by N54.473 billion.The shared amount comprised the Month's Statutory distributable revenue of N272.115 billion,Value Added Tax of N81.286 billion,Exchange gain of N38.517 billion and Excess PPT Account of N20.425 billion.There was also a N6.330 billion refund to the Federal Government by Nigerian National Petroleum Corporation {NNPC}.Accordingly,from Net Statutory Allocation,the Federal Government received N124.444 billion representing {

MADONNA'S FANS BLAST HER ON SOCIAL MEDIA FOR PICKING ARIANA GRANDE OVER THE VICTIMS IN ARIANA'S MANCHESTER BOMB SHOW.{PHOTOS}.

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                           Yesterday Madonna posted a photo of herself and Ariana Grande with the caption ''Thanks Goodness this lovely one is ok.Lets all pray for the innocent victims.For their families and for Manchester-Madonna''.But most of her fans were responding negatively to her post saying ''Thats a bad comment of Madonna,it sounds like the most important one good out okay and let's start praying for the rest''.another said ''You even smile on the The picture that's not good'' etc it is only one of her fans identified as Paul Gardner in a series of response was challenging other fans and the guy is still responding with passion up-till now.To be fair,during such crisis one have to be very careful about the post you put on social media because you might be misunderstood.What do you think about Madonna's post?.

QUEEN ELIZABETH VISITED MANCHESTER TO MEET WITH THE VICTIMS OF MONDAY BOMB ATTACK IN A CONCERT.{PHOTOS}.

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               The Queen has visited Manchester to meet staff,victims and families of those involved in this week's attack in the city.At Royal Manchester Children's Hospital Her Majesty met nursing staff,paediatric doctors and surgeons and thanked them for their work over the last few days.During the visit The Queen spoke to a number of the victims and their families,including Millie Robson,aged 15,from Country Durham,Evie Mills,aged 14,from Harrogate,and 12 year old Amy Barlow,from Rawtenstall.Earlier this week The Queen sent this message following the attack on Monday evening.The message reads ''The whole nation has been shocked by the death and injury in Manchester last night of so many people,adults and children,who had just been enjoying a concert.I know I speak for everyone in expressing my deepest sympathy to all who have been affected by this dreadful event and especially to the families and friends of those who have died or were injured.I want to thank all the

MINUTES AFTER THE FHC IN LAGOS ORDERED THE DSS TO RELEASE IFEANYI UBAH WITHIN 48 HOURS,THE COURT GAVE DSS THE NOD TO DETAIN HIM FOR ANOTHER 14 DAYS,TODAY.

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              According to Punch Newspaper,the Federal High Court in Lagos has ordered the Department of States Services to within 48 hours release the Managing Director of Capital Oil and Gas Limited,Ifeanyi Ubah,who has been in custody since May.In a ruling today thursday,the judge dismissed the objection by the DSS and the NNPC and ordered that Ubah should be released with 48 hours.But Minutes after a Federal High Court in Lagos ordered the Department of State Service to release embattled oil magnate,Ifeanyi Ubah,within 48 hours,another court in the Federal Capital Territory has given the agency the nod to hold him for another 14 days.Justice Yusug Halilu of the FCT Federal High Court today thursday extended the detention order of the Chief Executive Officer of Capital Oil and Gas Ltd following an ex-parte application the DSS filed through its lawyer Mr G.O.A Agbadua.The agency said it filed the application considering that an earlier order the court granted it on May 10,elapsed on

LEKKI UNREST: AMBODE DECRIES LAWLESSNESS+URGES WARRING COMMUNITIES TO EMBRACE PEACE.

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                            Lagos State Governor,Mr Akinwunmi Ambode has described as unfortunate,the breakdown of law and order between two communities in Lekki area of the State,just as he enjoined the warring parties to sheathe their swords and give peace a chance.Speaking at Oniyanrin,during an on-the-spot assessment of the two communities,Governor Ambode stated that it is rather unforunate that at a time Lagosians and friends of Lagos are celebrating 50 years of the State's creation,communities that had cohabitated peacefully decided to resolve little differences in a very violent way.Represented by the Commissioner for Special Duties and Intergovernmental Relations,Oluseye Oladejo,the Governor reminded the communities of Government's huge investment in these communities,advising them that no meaningful development can take place in any area noted for violence or breakdown of law and order at the slightest provocation.Ambode frowned at the level of lawlessness exhibited by

AISHA BUHARI THANKS NIGERIAN WOMEN FOR THEIR UNFLICHING SUPPORT IN YOLA.

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            Wife of the President,Mrs Aisha Muhmmadu Buhari has expressed her appreciation to Nigerian women for the unflinching support they have been giving her husband since the last presidential election.She said the support has been the force driving the President and herself.She made the comment during a session organized to distribute food items to women organizations in Yola,Adamawa state,.yesterday wednesday 24th May,2017.''I am deeply appreciative of the support that you show to us at every turn and promise that I will never let you down.Today's event,which is the distribution of food items,is a symbolic gesture and a token of my appreciation.It is meant to confirm that I have not forgotten you,and never will.''.

COURT GRANTS EX-NNPC BOSS 'ANDREW YAKUBU' 3 WEEKS LEAVE TO TRAVEL ABROAD FOR MEDICAL TREATMENT.

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                     Justice A.R. Mohammed of the Federal High Court,Abuja has granted permission to a former NNPC Boss,Andrew Yakubu to travel to the United Kingdom for medical check-up.Ruling on the application brought by Yakubu's counsel,Ahmed Raji,SAN,Justice Mohamed said,''since the prosecuting counsel is not opposing the defendant's motion dated 23rd May,2017 seeking leave to be granted to the defendant to travel to the United Kingdom to continue treatment,the application is granted.The judge also agreed with the prosecuting counsel,Prince Ben Ikani,that the international passport of the defendant be released to his counsel in the interim adding that,''the leave is granted is for a period of three weeks commencing from May 25,2017''.Other conditions attached to the release of the passport are: ''The defendant shall return to the country on or before the expiration of the three weeks granted; One of the sureties of the defendant shall file a

TINCAN ISLAND PORT INTERCEPTS LARGE QUANTITY OF PUMP ACTION RIFFLES CONCEALED WITH POP CEMENT.{PHOTOS}.

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                     Sequel to the renewed vigour and enthusiasm for effective Service delivery by the Nigeria Customs Service,the Tincan Island Command intercepted a total of four hundred and forty {440} pieces of assorted Pump Action Riffles.Speaking with Journalists at the Enforcement section of the Unit,the Customs Area Controller,BAHAR YUSUF who introduced the subject to the media,stated that the seizure was affected through intelligence which necessitated the segregation of the 1x 20ft container to the Enforcement Unit for physical examination.The Cusoms Area Controller gave them breakdown of the seizures as follows: i. ONE HUNDRED {100} PIECES BLACK TORNADO SINGLE BARREL RIFLES. ii. SEVENTY-FIVE {75} PIECES SILVER MAGNUM SINGLE BARREL RIFLES. iii. FIFTY {50} PIECES OF ALTER PUMP ACTION RIFLES. iv. TWO HUNDRED AND FIFTEEN {215} PIECES BLACK SINGLE BARREL RIFLES. v. ONE HUNDRED AND SIXTY FOUR {164} PIECES OF RIFLE NOZZLE. vi. ONE HUNDRED AND TEN {110} PIECES OF TRIGGER. vii