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

LAGOS CELEBRATES WORLD TEACHERS DAY TODAY.#PRESS RELEASE.

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      The Lagos State Government has applauded the steadfastness and dedication of the entire Teachers in the State, both in the Public and Private Schools, as countries celebrate the 2018 World Teachers’ Day.
In a release by the Office of the State Deputy Governor, Dr. Idiat Oluranti Adebule acknowledged the invaluable contributions of Teachers to the overall growth and development of the next generation of leaders in the State.
She reiterated the commitment of the present administration to the welfare of teachers, especially in the areas of training and re-training, prompt payment of salaries and improved conducive environment for teaching and learning in public schools through infrastructure renewal, assuring that teachers’ wellbeing will continue to be given priority by the State Government.
In her words, “The effectiveness of our teachers can be judged or measured by the performance of our students both in the Internal and External Examinations, National and International Competitions in which the pupils/students have performed creditably well. Though, there is always room for improvement which I urge the teachers to take very seriously and stay committed because they remain the mirror with which students view themselves”.
On the ongoing recruitment of additional 2,200 teachers into the school system, Adebule pledged that only qualified and competent teachers will be recruited because the aim of the exercise is to improve the quality of teaching and learning in the State’s Public schools.She, therefore, called on teachers in the State to renew their commitment to hard work, place a premium on service delivery and inculcate right morals in the young ones.
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