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Showing posts from March 1, 2019

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

LASG PAYS OVER N16M BENEFITS TO LSSC RETIREES.#PRESS RELEASE.

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       Lagos State Government has again redeemed its promise to some of its retired officers with the payment of benefits worth over N61 million to the retirees of the defunct Lagos State Sports Council, now renamed Lagos State Sports Commission, LSSC, from 2015 to date. Speaking during the presentation of bond certificates to the beneficiaries at the Commission's office in Teslim Balogun Stadium, Surulere, Dr. Kweku Adedayo Tandoh, Ch airman of LSSC, stated that the Commission is the first agency to pay its retirees from the year 2015. The Chairman commended Governor Ambode for approving the Commission's requests for the payment of retirement benefits to the beneficiaries, adding that the gesture once again proves that the State government is concerned about the welfare of its workers. While congratulating the retirees for being alive to receive their entitlements from the State Government, Tandoh advised them to adhere strictly to the guidelines for accessing their re

APC'S 'BODY BAG' ELECTION-SECONDUS.{PHOTO}.#PRESS RELEASE.

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       National Chairman, Prince Uche Secondus Press Conference. APC's 'Body bag' Election Gentlemen of the Press, Recall in my last press conference I told you that we will be briefing you from time to time on developments from last Saturday's blatant rape on our democracy. Our Presidential flag bearer in the election, Alhaji Atiku Abubakar spoke with you on Wednesday and the National Publicity Secretary of our party has been interacting with you on daily basis. I have therefore come to you again today in continuation of our unearthing the brigandage of last Saturday which I have tagged 'body bag election' When All Progressives Congress, APC, leaders were threatening foreign election monitors with returning to their country on body bags we didn't know that they had designed the same thing for Nigerians. As at the last count over 50 Nigerians have lost their lives last Saturday most of them from the South South region where a division of the army

MEMBERS OF THE NATIONAL PEACE COMMITTEE PAID PRESIDENT BUHARI A VISIT TODAY.{PHOTOS}.#PRESS RELEASE.

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      President Buhari receives in audience Members of the National Peace Committee in State House on 1st Mar 2019 Peace Committee 2: President Buhari with L-R: Catholic Bishop Matthew Kukah, Former Head of State Gen. Abdulsalami Abubakar, Cardinal John Onaiyekan, Rev. Fr. Atta Barkindo and APC National Chairman Adams Oshiomole as He receives in audience Members of the National Peace Committee in State House on 1st Mar 2019.More photos below.

EFCC RE-ARRAIGNS NBA PRESIDENT,PAUL USORO,FOR ALLEGED N1.4BN FRAUD,ORDERS ARREST OF FOUR OTHERS TODAY.{PHOTO}.#PRESS RELEASE.

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       The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Friday, March 1, 2019, re-arraigned the President of the Nigerian Bar Association, Paul Usoro, SAN, before Justice Rilwan Aikawa of the Federal High Court sitting in Ikoyi, Lagos on a 10-count charge bordering on money laundering to the tune of N1,410,000,000 (One Billion, Four Hundred and Ten Million Naira). Usoro was charged along with Nsikan Nkan, Akwa Ibom State Commissioner for Finance; Mfon Udomah, Accountant-General of Akwa Ibom State; Uwemedimo Nwoko, Attorney-General of Akwa Ibom State and Margaret Ukpe, who are all at large. The defendant was first arraigned before Justice M.S. Hassan on Monday, December 18, 2018 before the case was transferred to Justice Aikawa. During the December 18, 2018 proceedings, Usoro’s counsel, Wole Olanipekun, SAN, had told the court that the defendant had written to the Chief Judge, CJ, Federal High Court, seeking to transfer the matter to either Uyo in Akwa-I

V.P. OSINBAJO HELD CONSULTATIONS WITH MEMBERS OF THE NATIONAL PEACE COMMITTEE.{PHOTO}.

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      Last night, Vice President Yemi Osinbajo held consultations with members of the National Peace Committee led by its Chairman, General Abdulsalami Abubakar, and members Cardinal John Onaiyekan & Bishop Mathew Kukah, at the Presidential Villa, Abuja.

ARGENTINA SEEKS TO STRENGTHEN RELATIONS WITH NIGERIAN AIR FORCE.{PHOTOS}.#PRESS RELEASE.

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         The Argentine Ambassador to Nigeria, Mrs Maria De Carmen Squeff, has expressed the willingness of Argentine Government to deepen the existing cordial relationship with the Nigerian Air Force (NAF) in relevant areas such as aircraft acquisition, training as well as surveillance and radar technology. This was revealed today, 28 February 2019, while on a courtesy visit to the Chief of the Air Staff (CAS), Air Marsha l Sadique Abubakar, at the Headquarters NAF, Abuja. The Ambassador emphasized the strong desire of the Argentine Government to strengthen the relationship between the two countries beyond economic and political collaboration. She noted that Argentina, beyond being renowned for meat production and excelling in the game of football, among others, has over the years, developed significant capability in aircraft manufacturing and radar technology which has helped the country to better secure its land and maritime borders whilst also contributing immensely to the succe

PRESIDENT BUHARI'S VICTORY,TRIUMPH OF ORDINARY NIGERIANS OVER ELITE.-LAI MOHAMMED.{PHOTOS}.#PRESS RELEASE.

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      The Minister of Information and Culture, Alhaji Lai Mohammed, has said President Muhammadu Buhari's victory in last Saturday’s presidential election symbolizes the triumph of the ordinary Nigerians over the elite. The Minister made the remarks in Abuja on Thursday when he received the management of his ministry, who came to congratulate him on the victory of the All Progressives Congress (APC) at last week’s Presidential and National Assembly elections. “Last weekend's election is a direct contest between ordinary Nigerians and the elite, most of whom are rent seekers. Of course, the ordinary Nigerians have won!” he said. Alhaji Mohammed said the President's victory is a confirmation of the fact that ordinary Nigerians appreciate the pro-people policies of the present administration which, he said, is doing more with far less resources. “Overall, this government is doing more with less and is restoring decency and integrity to governance. Like the New York Ti