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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LAI MOHAMMED INAUGURATES COMMITTEE ON AUDIENCE MEASUREMENT IN ADVERTISING.{PHOTO}.#PRESS RELEASE.

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Image may contain: 3 people, people sitting and screen
     PRESS RELEASE
Minister Inaugurates Committee On Audience Measurement in Advertising
The Minister of Information and Culture, Alhaji Lai Mohammed, Tuesday inaugurated the Task Team on Audience Measurement, charging it to develop an industry framework that will serve as a catalyst for putting in place a robust Audience Measurement System that meets global standards and supports the realization of the immense potential of the Nigerian Creative Industry.
The Minister, who inaugurated the committee virtually in Abuja, said the absence of a world class measurement regime has resulted in
under-investment in the sector, which is necessary to foster the growth of the industry, as the Advertising community continues to rely
on subjective factors when making decisions on the content they want, as opposed to how many viewers the content truly attracts.
“Today, television platforms are subjected to renting out space on their channels to sustain their businesses, and content producers are
at the mercy of sponsors which, unfortunately, skews the authenticity of their creative output in favor of a few decision makers, instead ofthe millions of TV viewers,” he said.
Alhaji Mohammed stressed the need for an objective and scientific Audience Measurement System that articulates the value of the content to consumers, as well as the value of the audience to advertisers, particularly in the television
sector.
He said for the Digital Switch Over (DSO) in broadcasting to be effective, there has to be a robust Audience Measurement System to
make it sustainable for Signal Distributors, Channel Owners, TV Content Producers and Advertisers.
“Ladies and gentlemen, with this Task Team, we are today heralding a new dawn in our Broadcast Industry. The Digital Switch Over (DSO) of our television from Analogue is now well underway, and we are set to announce a new, accelerated agenda, in order to ensure that the DSO becomes a veritable tool to help lift the Creative Industry out of the crippling effect of COVID-19,'' the Minister said.
He further charged the committee to identify best practice Audience Measurement System that will support the sustainable growth of theNigeria Creative Industry; recommend a Framework for supporting the sustainability of the Audience Measurement System, independent of the Federal Government; and recommend a Payment and Disbursement Framework among the key stakeholders in the industry, that is, the Broadcasting Organizations of Nigeria (BON), Media Independent Practitioners Association of Nigeria (MIPAN) and the Advertisers Association of Nigeria (ADVAN).
Responding, the Chairman of the Committee, Alhaji Bello Kankarofi, said the inauguration of the Committee is a watershed in the annals of
the broadcast and advertising industry in the country.
Alhaji Kankarofi, who said there was a failed attempt in 1995 to set up an Audience Measurement System for the advertising industry, expressed the belief that the overwhelming commitment of the Minister
will drive the effort to success this time around.
Other members of the Committee are: Mr. Obi Asika; Hajia Sa'aa Ibrahim; Mr. Mahmoud Ali Balogun; Mrs Pauline Ehusani; Mr. Tolu
Ogunkoya and Mr. Joe Mutah as Secretary.
The Committee has six weeks to submit its report.
Segun Adeyemi

Special Assistant To The President (Media)

Office of The Minister of Information and Culture
Abuja
2 June 2020
PICTURE
The Minister of Information and Culture, Alhaji Lai Mohammed (right), and the Permanent Secretary, Federal Ministry of Information and
Culture, Deaconess Grace Isu-Gekpe, when the Minister inaugurated the Task Team on Audience Measurement in Advertising virtually in Abuja on Tuesday.
Image may contain: 3 people, people sitting and screen

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