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Showing posts from October 23, 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

JANUARY-DECEMBER BUDGET CYCLE WILL ALLOW FOR PROPER IMPLEMENTATION-GBAJABIAMILA.{PHOTO}.#PRESS RELEASE.

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     The Speaker of the House of Representatives Rep. Femi Gbajabiamila has said that the National Assembly is doing everything to return the country's budget to the January to December cycle for proper implementation. Besides, the Speaker said, the 1999 constitution provides that the country's budget should run from January to December, except as otherwise prescribed by the National Assembly where there are strong reasons to do so. Gbajabiamila, who spoke on Wednesday at the opening of a 2-day public hearing on the 2020 budget organised by the joint Senate and House Committee on Appropriation, said having the budget running from another period other than January to December may have "depressing impact on the economy." "Many people have asked me what's the big deal about January to December budget cycle? Why are we so pressed on returning the financial year to January to December? It's simple, the constitution says so. A lot of people are not aware

N46M FRAUD: OSHIOMHOLE`S LGA CHAIRMAN REMOVED, VICE CHAIRMAN SWORN-IN.{PHOTOS}.

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     The Edo State Governor, Mr Godwin Obaseki, has sworn-in Alhaji Imonofi Osumah Inusa as the Chairman of Etsako West Local Government, after Hon. Yakubu Musa, the erstwhile chairman was removed over his involvement in a N46 million fraud in the council. Obaseki, while swearing-in Alhaji Osumah at Government House, in Benin City, said investigations by a panel constituted by the state government revealed that the former LG boss, Musa, was engaged in fraudulent activities and lacked ability to supervise the staff of the Council. The National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole, hails from Etsako West LGA. Governor Obaseki maintained that his administration has zero-tolerance for corruption and negligence of duty, noting that no matter the developmental efforts by the state government, the local government must perform their duties before the state can be highly rated in terms of development. “With the permission and authorisation of the E

OGUN GOVERNOR VISITED ISHERI RIVERVIEW ESTATE THAT WAS RECENTLY HIT BY FLOOD.{PHOTOS}.

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     Prince Dapo Abiodun carried out an ‘on-the-spot’ assessment of the Isheri Riverview Estate that was recently hit by floods on his way back from Lagos yesterday. The situation observed is a major catastrophe which calls for rapt attention and that is exactly what this administration will undertake. Our Government will speed up action to bring succor to our people in the flood-ravaged community.More photos below.

EFCC ARRAIGNS FAKE FOREX TRADE FOR $2M SCAM.{PHOTO}.#PRESS RELEASE.

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     The EFCC, on Wednesday, October 23, 2019 arraigned a fake foreign currency dealer, Titilayo Eboh before Justice M. L. Abubakar of the Federal High Court sitting in Port Harcourt, Rivers State. She was arraigned on five- counts bordering on running a banking business without a licence and obtaining money by false pretence contrary to Section 1(2) of the Banks and Other Financial Institutions Act, Laws of the Federation of Nigeria, 2014.

RUSSIA-AFRICA SUMMIT: PRESIDENT BUHARI, PUTIN AGREE TO STRENGTHEN NIGERIA-RUSSIA RELATIONS.{PHOTOS}.#PRESS RELEASE.

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     President Muhammadu Buhari and Russian President, Vladimir Putin Wednesday in Sochi, Russia, agreed to put Nigeria-Russia relations on a fast track, and pursue the completion of partially completed and abandoned projects initiated by both countries. At a bilateral meeting held on sidelines of ongoing Russia-Africa Summit, the two leaders agreed to start new infrastructure projects and expand trade and investment, security and military cooperation. In statements made by both leaders, Nigeria and Russia will work together to improve efficiency of Nigeria’s oil sector, which is the backbone of the economy, in a way that will see to rehabilitation of epileptic oil refineries through establishment of framework for a joint venture between Nigerian National Petroleum Corporation (NNPC) and Russia-based leading oil company, Lukoil. Both NNPC and Lukoil will work towards prospection of oil in deep offshore. Nigeria and Russia also agreed to revive and solidify the venture between

NIGERIAN SUPERMODEL 'AVATAR' IS SHARING NEW DARING PHOTOS OF HERSELF.{PHOTOS}.#EXCLUSIVE.

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    Nigerian Supermodel Jasanya Adetutu Bolaji a.k.a Avatar Boss is sharing new daring photos of herself.She has travelled far and wide and has model for different brands in Nigeria,Ghana,South Africa,Dubai and many other countries.Her inspiration has always been photography,the ability to stop and reveal what the naked eye cannot see.Pink Republic blog put a call through to her to find out what inspired her latest  photo-shoot and she replied ''The studio 360 my official photographer,once told me to be bold in what so ever I want to do,and that was exactly I did in these new released photos''.To book her for modelling jobs home and abroad,contact her on IG @ts_avatar.More photos below.

WE ARE THE SONS AND DAUGHTERS OF ODUDUWA AND NOT YORUBAS-FEMI FANI-KAYODE.[PHOTOS}.#PRESS RELEASE.

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      There are two demeaning and insulting names that the Fulani gave to southerners: "Nyamiri" (meaning 'fetcher of water') in reference to the people of the South-East and "Yariba" in reference to the people of the South West. The South East rejected that name but the South West accepted it. The name "Yoruba" derives from "Yariba" and it means "shady and unreliable". I reject that strange name and label and I hope and pray that the good people of South Western Nigeria will see the wisdom in doing so too. I am not a "Yariba" or "Yoruba" but an "Omo Karo Jire" or an "Ooduwan" and my lanuage is not "Yoruba" but "Anago". We are what we call ourselves. We are not "shady and uneliable"(Yariba) and we must not accept names that are given to us by our historical adversaries. Any Omo Karo Jire or Ooduwan that continues to call himself a "Yoruba" is

OYO COURT JAILS 29-YEAR OLD INTERNET FRAUDSTER TODAY.{PHOTO}.#PRESS RELEASE.

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      Justice Bayo Taiwo of the Oyo State High Court on Wednesday, October 23, 2019 sentenced one Wright Shola John to one year imprisonment for defrauding an American citizen, Erica Hegge, of the sum of $1,450 (One Thousand, Four Hundred and Fifty United States Dollars). The 29-year-old, who operated with the pseudonym David Riger, was found guilty of a one-count charge of obtaining money by false pretence filed against him by the EFCC, Ibadan zonal office. The offence runs contrary to Section 419 of the Criminal Code, Cap 38, Laws of Oyo State, 2000.

NICKI MINAJ IS OFFICIALLY A MARRIED WOMAN SINCE ON MONDAY.{PHOTOS}.

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     Nicki Minaj is now married to Kenneth Petty.She made the big announcement on social media yesterday when she shared a video of a mug, and caps with the caption ''  👰🏽🤵🏽😢🙏🏽🎀 Onika Tanya Maraj-Petty 10•21•19  ''.More photos below.

OTEDOLA BRIDGE ACCIDENT: LASEMA RESCUES ONE,EVACUATES FIVE VEHICLES.{PHOTOS}.#PRESS RELEASE.

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      The Lagos State Emergency Management Agency (LASEMA), earlier today, rescued an adult female trapped in a crushed white Toyota Hilux Vehicle (KRD 797 XN) involved in a multiple car accident along the Otedola Bridge inwards Lagos. The accident involved five vehicles; including the Toyota Hilux, whose male driver died but was yet to be identified as the LASEMA team commenced operations to evacuate the surviving female occupant of the van named Toyin. On arrival at the scene, LASEMA officials had to extricate the occupants of the vehicle using cutters before handing the survivor over to the Lagos State Ambulance Services (LASAMBUS) for first-aid treatment and subsequent transfer to the Trauma Centre by the old Toll Gate at 7up. Other vehicles involved in the multiple car accident were a DAF Truck (LSD742 XK), Toyota Sienna (NEN 16 XQ), Ogun State Mass Transit Bus (EPE 679 XT) and another bus (OG L112). The operation which was coordinated by LASEMA's Director

PROPERTY OWNERS WARNED AGAINST ILLEGAL REMOVAL OF GOVERNMENT SEALS.#PRESS RELEASE.

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      The Lagos State Government has cautioned residents to desist from the unauthorised breaking of seals placed on any property by government institutions as a result of infractions, and subsequent enforcement exercises. The warning was contained in a statement issued on Wednesday by the Commissioner for Physical Planning and Urban Development, Dr. Idris Salako saying anyone caught indulging in such an act will  face legal sanctions. Salako explained that placement of seals on buildings that contravened the law is a regulatory procedure taken after necessary notices have been served on the property owner, noting that the removal of seals is an illegal activity that will no longer be tolerated by the government. “Artisans, Bricklayers, Electricians, Carpenters among others are advised in their own interest to reject jobs within such marked premises or face the full wrath of the law” he warned. The Commissioner enjoined members of the public to cooperate with the State Go

LEKKI SEAPORT: CHINESE INVESTOR INJECTS $629 MILLION TO COMPLETE PROJECT+SIGNED AGREEMENT.{PHOTOS}.#PRESS RELEASE.

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      In 30 months, Nigeria’s first deep seaport will be delivered in Lekki - a coastal community in the nation’s commercial nerve-centre - Lagos State. On Wednesday, Governor Babajide Sanwo-Olu witnessed the signing of four agreements with China Development Bank (CDB), including $629 million financing facility, to accelerate the completion of the Lekki Deep Seaport project, which started in 2011. The loan was secured from the Chinese bank after China Harbour Engineering Company (CHEC), which owns majority shares in the project, signed a 45-year concessionary agreement with Lekki Port LFTZ Enterprise Limited (LPLTZ) to complete the Phase 1 of the deep seaport project. After completion, the deep seaport would have two container berths of 680-metre long and 16.5-metre water depth. It will also have the capacity to be berthed by fifth generation container ships, which has a capacity of 18,000 TEU ship. Governor Sanwo-Olu described the development as “another milestone” for the St

DAVIDO IS SET TO SUE TWO LADIES WHO ACCUSED HIM OF IMPREGNATING ONE OF THEM AND DENYING THE PREGNANCY.{PHOTOS}.

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      Davido finds ladies who accused him of denying a pregnancy, promises to sue for N30bn Davido has served an update in his search for the two ladies who accused him of impregnating one of them and denying the pregnancy. Recall that the DMW boss made a promise of N1m in exchange for any information that could lead to the arrest of the ladies. Davido in a new tweet revealed that he has found them and also promised to sue them for N30bn in damages. He tweeted "FOUND THEM I will be suing both culprits for 30 billion naira in damages !!! Dem go shit that money for kirikiri !! Now back to  # RISKY ".One more photo below.