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Showing posts from March 6, 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

THE QUEEN HOSTED A RECEPTION TO MARK THE 50TH ANNIVERSARY OF THE INVESTITURE OF THE PRINCE OF WALES {PRINCE CHARLES}.{PHOTOS}.

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       Her Majesty The Queen yesterday hosted a reception at Buckingham Palace to mark the 50th anniversary of the investiture of The Prince of Wales. The Prince of Wales and The Duchess of Cornwall, The Duke and Duchess of Cambridge, The Duke and Duchess of Sussex and The Princess Royal met guests and watched musical performances by students from the Royal Welsh College of Music and Drama. Guests included representatives from The Prince of Wales’s Welsh charities and patronages. Prince Charles was created The Prince of Wales aged 9 on July 26th 1958 and was formally invested with the title by Her Majesty on July 1st 1969. Investiture Regalia worn by The Prince in 1969, including the Investiture Coronet, Sword, Ring and Rod, were on display today. The Archbishop of Canterbury gave a speech, thanking The Prince of Wales for his service to Wales.More photos below.

NO PUBLIC HOLIDAY ON FRIDAY-LASG+ALL PUBLIC,PRIVATE SCHOOLS TO OBSERVE MID-TERM BREAK THURSDAY,FRIDAY.#PRESS RELEASE.

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      The Lagos State Government on Wednesday clarified reports making the rounds that it had declared Friday, March 8 as Public Holiday for Civil Servants, saying the information was untrue. A report currently circulating on social media platforms had suggested that the State Governor, Mr. Akinwunmi Ambode had declared Friday as public holiday to enable Lagosians prepare for the March 9 Governorship and House of Assembly elections. But in a statement signed by the Commissioner for Information and Strategy, Mr. Kehinde Bamigbetan, the Government said that civil servants are expected to be at their various duty posts on Friday, and disregard any information to the contrary. Bamigbetan reiterated that just as earlier announced by the State’s Deputy Governor, Dr. Mrs. Idiat Adebule, all public and private schools in the State are expected to proceed on the 2nd Mid-Term Break on Thursday, 7 and Friday 8 March, 2019 and resume academic activities on Monday, March 11, 2019 in acc

MAN HACKS 99-YEAR OLD AUNT TO DEATH FOR NOT WINNING LOTTERY,YESTERDAY AT AGO-IWOYE.{PHOTO}.

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       Police in Ogun State have arrested a 29-year-old man, Owolabi Folorunsho, for allegedly hacking his 99-year-old aunty to death. The suspect was said to have been arrested following a distress call received by the Divisional Police Officer in charge of Ago-Iwoye, CSP Ade Adedoyin, that the a middle-aged man had butchered his aunt, Ebunola Aroboto, to death. It was learnt that the incident occurred at Maraisa Lane, Igan Road, Ago-Iwoye, yesterday. The state Police Public Relations Officer (PPRO), DSP Abimbola Oyeyemi, said immediately the DPO received the distressed call, he quickly led his detectives to the scene where the suspect was promptly arrested and the machete used by the suspect was recovered at the scene. Oyeyemi said during interrogation, the suspect admitted killing the old woman with a machete because he had an inclination that the woman was responsible for most of his spiritual problems. He said: “The suspect was a regular player of lottery game an

I WILL DO MORE IN MY SECOND TERM – PRESIDENT BUHARI,AS HE RECEIVES AREWA CONSULTATIVE FORUM TODAY.{PHOTOS}.#PRESS RELEASE.

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     Following the renewal of his tenure, President Muhammadu Buhari has pledged to work harder to consolidate on providing security, improving the economy, creating jobs, fighting corruption and upgrading infrastructure. Speaking at the State House, Abuja on Wednesday when he received the leadership of the Arewa Consultative Forum, ACF, on a courtesy visit, President Buhari said: "This is my last lap. I will try and work even harder than I have done. I assure you that I will not let you down. I pray that my best will be good enough." The President, who thanked members of the ACF for their consistent and dogged support, said he remained appreciative of their goodwill. Speaking on behalf of the ACF, the Chairman of the Board of Trustees, Mallam Adamu Fika, said the organisation had visited to congratulate President Buhari on his re-election. Recalling some strategic projects important to the North and the country as a whole abandoned up until 2015 such as the Baro

OYO RELEASES N1.5BN FOR PAYMENT OF GRATUITY TO RETIRED PRIMARY SCHOOL TEACHERS,LGs WORKERS.{PHOTO}.#PRESS RELEASE.

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      The Oyo State Government on Tuesday said that it has released the sum of One Billion, Five Hundred Million Naira (N1.5bn) as part payment of outstanding gratuity and pension arrears to retired primary school teachers and local government workers in the state. Also, the Governor of Oyo State, Senator Abiola Ajimobi has approved that the current salary of workers in the state be paid with their new financial benefits in line with 2012 – 2016 promotion exercise as recommended by the Technical Committee set up by the governor on February 14, 2019. The government stated that the sum of Seven Hundred and Fifty Thousand Naira (750M) will also be contributed quarterly by the Local Governments and its Local Council Development Areas (LCDAS) in the state for the same purpose in order to offset the accumulated gratuities of the retired local government workers including retired primary school teachers at all grade levels. The State Government said this during a joint Press Conferenc

OZEKHOME: FANNING THE EMBERS OF DISUNITY AND SUBJUGATION OF IGBO RACE-FEMI ADESINA.#PRESS RELEASE.

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       On February 27, 2019, lawyer and activist, Mike Ozekhome, wrote a piece under the headline, 'Buhari's skewed view of the Igbo race.' On face value, the piece seemed to advocate the cause of the Igbo race, but a dispassionate analysis shows it for what it truly is: drivel meant to incite the Igbo against the Muhammadu Buhari administration, and further inflame passions that would pedestal the ethnic nationality against the rest of the federation. Ozekhome appeared to be a friend to our brothers and sisters across the Niger, but in actual fact, he was a ravenous wolf in sheep's clothing. Shakespeare describes such as "goodly apple but rotten at the cheek." It is always so very easy to claim that Nigeria is disunited, while at the same time be a purveyor of hatred and discord. What Ozekhome did was simply to fan the embers of hatred, bile and disunity, playing the Igbo against the rest of the country, while appearing to be their friend. Well, it is no

KYLIE JENNER THANKED FORBES FOR NAMING HER ''THE YOUNGEST BILLIONAIRE'' IN THE WORLD YESTERDAY.{PHOTOS}.

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         Reality star Kylie Jenner had taken to social media to thank Forbes for naming her as the 'Youngest self made Billionaire' in America. Kylie Jenner   on Tuesday was named the youngest self-made billionaire of all time by Forbes magazine, thanks to the booming cosmetics company she founded three years ago.  Jenner,   21, the half-sister of reality television stars Kim, Khloe and Kourtney Kardashian, made it onto the annual Forbes list of billionaires after debuting her Kylie Cosmetics online in 2015 with $29 lip kits containing matching lipstick and lip liner. Forbes said she was both the world’s youngest billionaire and also the youngest self-made billionaire ever. On their billionaires list, Forbes distinguishes between those who inherited much of their wealth and those who made their fortunes on their own. Kylie would be in 2,057th place whether she was self-made or inherited.  According to Forbes Magazine ''capitalism is taking some lumps—and not just in

LAGOS CJ MAKES CASE FOR PLEA BARGAINING.#PRESS RELEASE.

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      Lagos State Chief Judge, Justice Opeyemi Oke has reiterated the need for Nigeria to join developed countries that have embraced the culture of plea bargaining in their judicial system. Speaking at the opening ceremony of a Plea Bargaining training programme for Magistrates of the Lagos State Judiciary organised by the Rule of Law & Anti-Corruption in Nigeria (ROLAC) on Monday, the Chief Judge said that in the United States where it is  deeply entrenched, its culture has greatly advanced the judicial sector of the country. "In the United States where plea bargaining is deeply entrenched, the Columbia Law Review reports that about 90% of the criminal defendants convicted in State and Federal Courts plead guilty rather than exercise their right to stand trial before a Court or Jury", Justice Oke stated. She said that though plea bargain system is gradually gaining ground in Nigeria, the system, since its inception has proven to be a useful tool in aiding crimin