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

GOV. SANWO-OLU APPROVES REHABILITATION OF PUBLIC SCHOOLS.#PRESS RELEASE.

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     In fulfilment of his inaugural promise to invest in the education of the children and young adults, Governor Babajide Sanwo-Olu has approved the rehabilitation of 60 public schools across the State.
The Honourable Commissioner, Ministry of Education, Mrs. Folasade Adefisayo disclosed this during an interactive session at Ministry, noting that the bold vision of the Governor will herald a new vista that repositions the Education Sector in the State.
In her words, “These Schools, 10 from each of the six Education Districts, are part of the efforts and impact-driven activities in kick-starting transformation in the Education Sector aimed at improving standard and quality of education as well as education management in Lagos State”.
The Commissioner stressed that the commencement of rehabilitation may not take-off until all due processes, including procurement, are fully completed and strictly adhered to by all parties involved.
According to her, this administration has resolved to introduce measures aimed at addressing three broad critical issues affecting education in the State - the need to upgrade the teaching profession, the curriculum, and school infrastructure, adding that Government will ensure all Public Schools in Lagos are made number one nationally and are able to compete globally with much-needed skills, while preparing for the jobs of tomorrow.
In aligning the school curriculum with 21st century realities, the Commissioner hinted on leveraging technology platforms to teach, assess, test and reinforce learning in conjunction with the Private Sector and development partners, while ensuring collaboration with Industry, Federal Government and Academia in updating the school’s curriculum to reflect current and future industry needs that will positively influence and reshape the present educational system in the State.
She enthused that the Government is desirous of promoting knowledge transfer and co-creating workable and functional models for taking education sector in Lagos to an admirable height, reiterating plans by the State Government to recruit qualified teachers for public schools.
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