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Showing posts from June 19, 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

SENATE PRESIDENT AND OTHERS PAID V.P. OSINBAJO A VISIT TODAY.{PHOTOS}.

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       Vice President Yemi Osinbajo, today in his office at the Presidential Villa, Abuja, received in audience members of the 9th National Assembly, led by the Senate President, Senator Ahmed Ibrahim Lawan.More photos below.

ARMY DESTROY NEW TERRORISTS' CAMPS & RESCUE WOMEN AND CHILDREN IN BORNO STATE.{PHOTOS}.#PRESS RELEASE.

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      Troops of 112 Task Force Battalion on clearance operations in conjunction with Civilian Joint Task Force, have neutralized more members of the crouching Boko Haram/ISWAP Terrorists, when troops raided a cluster of recently established camps along Kajeri village on Tuesday the 18th of June 2019. A thorough search of the camps resulted in the recovery of the following items; a. 2 Dane Guns b. 8 Cartridges c 2 Torch lights and d. 1 Bicycle. Furthermore, 2 Women and 3 Children suspected to have been kidnapped by the terrorists were rescued by troops around the bushes of Kajeri and Saleri villages.The rescued women and children will be handed over to the appropriate agency for further action. The camps were destroyed/burnt down by the troops, while they advanced further and cleared the surrounding dispersed localities in the general area of Kajeri and Saleri axis of the State. S MUSA Colonel Acting Director Army Public Relations 19 June 2019.More photos below.

WHERE NIGERIA IS HEADING IN THE NEXT 10 YEARS - OSINBAJO.#PRESS RELEASE.

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       OFFICE OF THE VICE PRESIDENT PRESS RELEASE *VP interacts with visiting Harvard Business School faculty, top business executives The Federal Government's vision for Nigeria in the next 10 years and more is to transform the economy into an industrialized one with a strong middle class and a place where the majority of the people are living above the poverty line, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this at a Dinner and Interactive Session with some visiting Faculty Members from the Harvard Business School (HBS) led by Prof. Srikant Datar, a Professor of Business Administration, alongside a select group of Nigerian business executives, on Tuesday evening in Lagos. The Vice President featured alongside Srikant Datar and Mr. Bayo Ogunlesi, a Nigerian Investment banker in the United States of America, in a panel discussion moderated by Mr. Hakeem Belo- Osagie, Chairman of Metis Capital Partners and addressed several issues on power, the

ANAMBRA GOVT SIGNS N525M MOU FOR COSMETIC FACTORY TODAY.{PHOTOS}.

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      Gov Willie Obiano has on behalf of the Anambra State Government signed a Memorandum of Understanding (MoU)with Sonny Peace Ltd -a private firm for the establishment of a factory for the manufacture of hair cosmetics. The brief but impressive signing ceremony took place at the Governor's Lodge, Awka. The MoU is worth Five hundred and twenty five million Naira (N525 million) and will see the investor contribute N500 million, while the Anambra State Government brings the remaining N25 million as their equity contributions respectively. The factory which would be sited at Oba, Idemili South Council of the state, when fully operational, will have its profits shared as follows, Investor -85%, Anambra State Government -10%, while 5% will be dedicated to Corporate Social Responsibility services. It is expected to commence work on the project site within six months of issuance of Certificate of Occupancy, as non-compliance would have the land title revoked with the land reve

5 YAHOO-YAHOO MEN ARRESTED IN ENUGU TODAY.{PHOTOS}.

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      In yet another raid aimed at eradicating the menace of internet fraud and cyber crime, popularly known as ‘yahoo-yahoo’ in the South-East region of Nigeria, the Enugu Zonal Office of the Economic and Financial Crimes Commission, EFCC on Wednesday, June 19, 2019 arrested five suspected fraudsters. They include, Ogbu Obinna Christopher, Onyeagba Joseph, Chime Isiah, Duru Franklyn Tochukwu and Orji Uchenna. They were arrested following an early morning raid at their respective residences located at Goshen Estate and Trans Ekulu, Enugu. Their arrest followed intelligence report about their fraudulent online activities. On the strength of the information gathered, search warrants were executed in their houses/compound. Items recovered from them include, several mobile phones, laptop computers, suspected counterfeit currency in N1,000 notes totaling N31,000; three Lexus cars, one Toyota Avalon car, several ATM cards and other incriminating items. They will soon be charged to

KIDNAPPERS OF UBEC CHAIRMAN,HIS DAUGHTER,KILLERS OF HIS DRIVER AND OTHERS PARADED TODAY BY THE POLICE.{PHOTOS}.#PRESS RELEASE.

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     Kidnappers Of Dr Mahmoud Abubakar Chairman UBEC, His Daughter and Killers Of his Driver All along Abuja-Kaduna Expressway Led by Abubakar Ahmadu aka Dabo and 4 Others were all Arrested by IRT and Over 30 More Kidnappers, Armed robbers, Gun Manufacturers were Arrested by IGP IRT and IGP STS Plus Weapons Recovered were all Paraded before the Press by FPRO today 19/6/19.More photos below.

ORTOM SYMPATHISES WITH VICTIMS OF MAKURDI MODERN MARKET INFERNO,OFFERS N50M TO VICTIMS.{PHOTOS}.#PRESS RELEASE.

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      Governor Samuel Ortom has sympathized with traders whose shops were gutted by fire yesterday at about 7pm. The Governor who described the incident as unfortunate, regretted the losses incured by the victims and prayed God to open other opportunities for them to make up for the losses. He however thanked God that no life was lost, even as he reprimanded some restive youths who used the unfortunate incidence to loot, urging them to repent or reap in full measures what they had sown. He said the inferno was one too many, stressing that Gboko and Wadata Markets had suffered similar disasters with the one of Modern Market being the forth consecutive time. The Governor while donating fifty million naira to the direct victims of the inferno to cushion the effect said a Commission of Inquiry would be constituted to unravel the frequent causes of the unfortunate incidence and also suggest ways of reconstructing and safeguarding the market from future fire outbreaks. He commende

OGUN STATE GOVERNOR PAID PRESIDENT BUHARI A COURTESY VISIT.{PHOTOS}.

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     President Buhari receives in audience Governor Dapo Abiodun of Ogun State and Governor Babagana Zulum of Borno State in State House on 19th June 2019.More photos below.

SANWO-OLU VISITS THE LAGOS LIAISON OFFICE TODAY IN ABUJA.{PHOTOS}.#PRESS RELEASE.

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      Lagos State Governor, Mr Babajide Sanwo-Olu on Tuesday charged Lagosians living in Abuja to reflect the spirit of Lagos and be law abiding as they live peacefully in the Federal Capital Territory, FCT. Speaking to newsmen after a tour of the Lagos House which has the staff of the State liaison office in Abuja, Mr Sanwo-Olu urged Lagos citizens to be good ambassadors of the State. He said, "I can only wish our people that reside in Abuja well, Nigeria is big for all of us. My advice is just for them to be law abiding, to continue to reflect the spirit of Lagos, continue to be good ambassadors of state. "Our Government is open to them if they have good suggestions or ideas, I am in the liaison office they can drop whatever suggestions they have for us and certainly it will get to us and by the time they hear news about Lagos, it will be good news," Sanwo-Olu promised. On his visit to the Liaison Office, the Governor said it was imperative that he comes to t

LAGOS DEMOLISHES CRIMINAL HIDEOUT WITHIN MARINA AXIS.#PRESS RELEASE.

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       The Enforcement Unit of the Lagos Central Business Districts Management office on Monday embarked on a cleanup and demolition of criminal hideouts around the outer Marina, Lagos. The team, lead by the Head of Enforcement Unit, Mr. Saheed Onipede also demolished shanties built under the pedestrian bridge close to the Leventis bus stop, Marina where the hoodlums hide before attacking unsuspecting motorists, especially at ni ght. According to a press release issued by Mr. Olusegun Olaoye, Head of Public Affairs unit of the Agency, the enforcement operation is a continuous exercise in line with the vision of the present administration to rid the Lagos Island and the entire State of street urchins and criminals. He said the Office will not relent in its efforts to ensure that the Lagos Island Business District is safe to transact business at all times and that the Office will ensure that enforcement is carried out periodically in order to clean up the entire business dis