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Showing posts from June 14, 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

SARAKI WAS TODAY VINDICATED FROM HIS CORRUPTION CHARGES BY THE CODE OF CONDUCT TRIBUNAL IN ABUJA.{PHOTO}

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                   Today,June 14,2017, the Code of Conduct Tribunal sitting in Abujs discharged and acquitted Senator Saraki on a case of false declaration of assets,which started in September 2015.Senator Saraki who took to Social media to share the good news with the photo above further said ''I thank the Almighty Allah,the ultimate Judge and the repository of all powers.He alone has brought about this victory.I am immensely grateful to all my colleagues in the National Assembly for their abiding support.All through my trial,they demonstrated their strong conviction about the choice we all decided to make two years ago.I thank members of my family for their unflinching support.I thnk all friends and supporters back home in Kwara State and across the length and breadth of our country for their prayers and their sacrifies.My gratitude also goes to all members of my legal team for their tireless efforts to ensure the cause of justice is served.After undergoing the crucible of a

LAGOS LANDS BUREAU TO REVIEW POLICIES & PROCESSES TO FACILITATE LAND TRANSACTIONS.

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                   The Lagos State Lands Bureau has commenced a review of its policies and processes to facilitate unhindered and smooth access to members of the public and other stakeholders who transact business with the institution.Special Adviser on Urban Development,Mrs Yetunde Onabule who spoke during a stakeholders engagement on 'Ease of Doing Business in Lagos State' said the review became necessary to remove bureaucratic bottlenecks that hindered prompt service delivery in the Lands Bureau.Mrs Onabule noted that the need has arisen to automate the land administration process to ensure easy,guaranteed and speedy collection of titles to land and property.According to her,the Lands Bureau has initiated plans to facilitate ease of doing business by streamlining its processes for collection and submission of applications,demand notices,revenue receipts and registration of title documents.''We have redesigned the layout of the Land Registry to ensure flow of processe

OSINBAJO WAS IN A MEETING TODAY WITH LEADERS OF ''THOUGHT'' FROM THE SOUTHEASTERN STATES OF NIGERIA+READ THE FULL TEXT.{PHOTOS}

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                Today wednesday,Acting President Osinbajo met with leaders from the southeastern state held at the old Banquet hall,state house,Abuja.Osinbajo said today ''Yesterday I kicked off a series of consultations and engagements with Leaders of Thought from Northern Nigeria.It was a useful meeting.Today's meeting,the second in the series,is with you,Leaders of Thought from Southeast.After this,I will meet with Religious and Traditional Leaders from the North and from the Southeast,on friday and Monday respectively.And then,in the final consultation,next week Thursday,all of us,from North and South,will come together in the same room,for furtherengagement and consultation.I also plan at some time in between to meet with the Nigerian Governors Forum.These consultations are necessary,and important,because of recent events in the country.You are all aware that there have been loud and sometimes hostile agitations by youth in the southeast,calling for secession of the re

THOSE PROMOTING HATE SPEECHES,VIOLENCE WILL FACE FULL WRATH OF THE LAW-ACTING PRESIDENT OSINBAJO.{PHOTOS}.

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                     Acting President Yemi Osinbajo,SAN,has warned those persons promoting hate speeches or making pronouncements that can cause violence or disruption of lives and property in the country,to desist from such divisive behaviour or face the full wrath of the law.The Acting President gave the warning today in Abuja at the beginning of a series of consultative meetings he is holding this week with Leaders of Though from the North and South-East parts of the country.Today's meeting being the first in the series was with a cross section of leaders from Northern states at the Old Banquet Hall in the State House.Osinbajo said ''First let me say how honoured I am,by your response to my invitation to attend this special consultation.I'm pleased to welcome all who are here today,,cross-section of elders from the Northern states of Nigeria.It is also important to point out that there are of course people who would qualify for the same description,the description of

OSINBAJO VISITS ANAMBRA STATE,BLAMES FEDERAL GOVERNMENT FOR ETHNIC AGITATION.{PHOTOS}.

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              Acting President Yemi Osinbajo visited Anambra state on Monday,June 12.He was there to attend the 50th conference of the Nigerian Law Teachers Association held at the Nnamdi Azikiwe University,Awka,Anambra State.During the event,he spoke on the insecurity in Nigeria and how it can be tackled.The Acting President who was received by the Governor of Anambra state,Willie Obiano lamented about insecurity and poverty in Nigeria.Osinbajo also blamed the Federal Government for the ethnic agitation currently going on in the country.He said most of the security problems confronting the nation were self inflicted,resulting from corrupt practices,injustices among others.He said: ''The Boko Haram in the North-East,militants in the Niger Delta and farmer/herdsmen clashes were as a result of poverty.A lot of these agitation centred on tthe failure of the state to create an inclusive society,a failure to guarantee the security of lives and property by the agencies charged with t

AREWA QUIT NOTICE: APGA URGES NDIGBO TO DUMP APC.

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                           Anambra State Online is claiming that The All Progressives Grand Alliance {APGA} has called on Igbo politicians to dump All Progressive Congress {APC}. APGA made this call in a Town Hall meeting that took place in Idemili North Local Government Area of Anambra state.The party said there is no point for the Ndigbo politicians remaining in the APC since it is controlled by Hausa.The All Progressives Grand Alliance {APGA} has urged Igob politicians to dump All Progressives Congress {APC} for APGA,''which symbolises the late Biafra war lord,Chief Chukwuemeka Odumegwu Ojukwu''.It was gathered that since Arewa youths have asked Igbo in the north to go to their place of origin,APGA urged Igbo people to make sure that they denounce the ruling party which they the major stakeholder are Northerners.It was learnt that this was made known in a Town Hall meeting that took place in Idemili North local government area of Anambra state.