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
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SANWO-OLU REVEALS PLANS TO UPGRADE 'AOCOED' TO A UNIVERSITY.{PHOTO}.#PRESS RELEASE.

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      Lagos State Governor, Mr. Babajide Sanwo-Olu, has revealed plans by the State Government to upgrade Adeniran Ogunsanya College of Education to a University of Education.
The Governor disclosed this on Monday when he received the newly elected Zonal Coordinators of the National Association of Nigerian Students (NANS), Zone D, led by Comrade Kappo Olawale at the Lagos House, Alausa.
Sanwo-Olu, in a close chat with the group assured them of the continuous commitment of his administration to the reforms of Education Sector stating that the sector has the "Lion's share" in the year 2020 budget.
He said: “We want to elevate Adesanya Ogunsanya College of Education to a University of Education. This is one of our plans as a government.”
“We are training all Primary School teachers and also recruiting new ones. We will ensure that the quality in our classrooms are the same. And this is based on development of teachers first. Once we are able to push that, we will also improve the quality of teaching. We will see better outcome and that will give us better pupils.
“We will also duplicate this in Secondary Schools across Lagos. We want to continue to reduce truancy, cultism and all those unhealthy acts amongst pupils. We will increase infrastructure in Schools.”
The Governor stressed that his administration will build new facilities for State institutions and complete the ones that are yet to be completed.
He urged the student leaders to ensure that they uphold peace in their various institutions and be good representatives of their citadels of learning.
“We want to have positive impacts at all levels of education but we need you to understand and appreciate the efforts of the government. To be able to speak to your fellow students to ensure that we continue to work in an environment where there is peace, harmony, understanding and collaboration".
The students were received by the Governor and his deputy Dr Obafemi Hamzat, Special Adviser on Education, Mr Tokunbo Wahab, Special Adviser on Tourism, Mr Solomon Bonu and Special Adviser on Civic Engagement, Mrs Folashade Adebowale-Owoeye.
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