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
Post a Comment

AGRIC EMPOWERMENT: 350 WOMEN AND YOUTH BENEFIT FROM LAGOS APPEALS PROJECT.{PHOTOS}.#PRESS RELEASE.

-
Image may contain: 6 people, people smiling, people standing
    Lagos State Deputy Governor, Dr. Obafemi Hamzat has urged the beneficiaries of the State's Agro-Processing Productivity Enhancement And Livelihood Support (APPEALS) project to put their training and subsequent support from the project into productive agricultural use.
Hamzat advised the beneficiaries to ''access the grant element of the project by developing viable investment plans that will not just make (them) agro-prenuers but also employers of labour.”
The deputy Governor stated this at the graduation ceremony of the batch 1 of the 1,620 beneficiaries of the women and youth empowerment scheme (WYEP) of the project at the Lagos Agricuture Institute in Araga, Epe.
Hamzat, who was represented by Mr. Adedoyin Adesanya, Chairman, Epe Local Government, said the APPEALS project was aimed at supporting farmers’ productivity, noting that the beneficiaries should avail themselves of several opportunities the collaboration between the Federal and State governments as well as the World Bank offer to them by coming up with viable business plans that will see them move up the ladder in agric-entrepreneurship.
The deputy governor congratulated the beneficiaries of the first batch APPEALS project empowerment programme, describing their success at the selection stage as a great feat.
He said: “Being here today as beneficiaries of APPEALS project women and youth empowerment programme is a major feat after being selected out of the over 7,000 applicants for the available 1,700 slots.
“I wish to congratulate all the beneficiaries on your involvement in this laudable project which is aimed at supporting the unemployed and the under-employed.
He also commended the Lagos State Ministry of Agriculture for achieving the feat.
The Lagos State Commissioner for Agriculture, Mr Gbolahan Lawal, said the graduation of the Batch 1 WYEP signalled the beginning of a new concept to the APPEALS project implementation.
Lawal said the main thrust of APPEALS project was to increase productivity, production, improve processing and marketing of the target value chains, which would foster job creation along identified value chains.
He said that one of the primary objectives of the APPEALS project was employment generation, which, according to him, is in tandem with Governor Babajide Sanwo-Olu's vision of providing employment for the teeming youth of the State in line with the administration's THEMES agenda.
The Commissioner said the government has been working to ensure employment generation and food security.
“The Ministry of Agriculture has been doing that through various projects such as Agriculture based Youth Empowerment Scheme (Agric-YES), Commercial Agriculture Development Project (CADP).
“Today, I present to you 350 beneficiaries; 165 in Poultry value chain, 35 in Rice value chain and 150 in Aquaculture value chain as batch 1 of the APPEALS project empowerment programme.
Lawal urged the beneficiaries to open up their minds as agro-preneurs and make the best use of the opportunities provided to ensure that the aim of the programme is achieved.
The Special Adviser for Agriculture; Ms Bisola Olusanya stated at the event that there is a deficit of 188 Metric tonnes for the broilers, 6.7 Metric Tonnes for eggs and 218 Metric Tonnes for the aquaculture supply respectively in the State, noting that the Women and Youth beneficiaries equipped with the training and the grant support from APPEALS project should be able to improve in the demand and supply deficit of these value chains.
The State Project Coordinator, APPEALS project, Mrs Oluranti Sagoe-Oviebo sounded confident that the beneficiaries would soon become major contributors in the food production and supply chains in Lagos.
Sagoe-Oviebo said the beneficiaries have assured her that their Business plans would be ready by next week, assuring that the project is not just going to impact in the lives of the 350 beneficiaries but will have multiplier effect with lots of job creation and livelihood improvement.
The APPEALS project Women and Youth Empowerment consist of provision of Technical Assistance in business planning, grants to finance sub-projects and mentorship for start-up or consolidation of existing women and youth led businesses as individual or a group of beneficiaries.
The basic strategy of APPEALS project is to increase productivity, production and improve processing and marketing of the targeted value chains which are expected to foster job.One more photo below.
Image may contain: 5 people, crowd

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).

-
Image
  SSANU, NASU threaten strike over withheld salaries The Joint Action Committee of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Educational and Associated Institutions have threatened to disrupt industrial peace in universities should the government fail to release the withheld salaries of members. The salaries were seized by the administration of former President Muhammadu Buhari during their strike in 2022. The unions, in a joint letter signed on Friday by the President of SSANU, Muhammed Ibrahim and General Secretary of NASU, Peters Adeyemi, questioned the rationale with which the government released four months withheld salaries to members of the Academic Staff Union of Universities but failed to release the withheld salaries of non-academic staff. The unions noted that they would no longer be able to assure the government of industrial peace in universities should the amounts owed by the government are not released. Earlier, the unions
Read more