Posts

Showing posts from October 30, 2020

INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

OGUN JUDICIAL PANEL OF INVESTIGATION RECEIVES 20 PETITIONS IN 2 WEEKS.{PHOTO}.#PRESS RELEASE.

Image
  No fewer than 20 petitions have been received by the Ogun Judicial Panel of Investigation set up to investigate complaints and petitions of victims of police brutality and abuse of human rights by security operatives in Ogun State within two weeks of its inauguration. The Chairman of the Panel, Hon. Justice Solomon Olugbemi (Rtd) who made this known after a meeting with the Panel members said, "we have received 20 petitions already and sitting starts immediately. The sittings would be transparent and open. Media stations are invited to witness and cover the sittings", Justice Olugbemi revealed that the maiden sitting of the Panel would hold on Thursday, 5th November, 2020 adding that the panel sitting days would be Mondays, Wednesdays and Thursdays starting by 10am at the Magistrate Court 1, Isabo, Abeokuta. The Chairman called on members of the public who have complaints to send in their petitions to the Secretary of the Panel or send online to endsarsjudicialpanel@ogunsta

LASWA COMMENCES CLEARING OF HYACINTHS ON WATERWAYS.{PHOTOS}.#PRESS RELEASE.

Image
  The Lagos State Waterways Authority (LASWA), on Thursday, commenced the annual exercise of clearing and removal of water hyacinths across jetties, terminals and routes on the State inland waterways. A statement signed by Mr. Oluwadamilola Emmanuel, General Manager Lagos State Waterways Authority, said the pegging and clearing of the water hyacinths commenced simultaneously at three different locations, namely Ikorodu, Badore and Badagry with a view to extending the exercise to other areas. The General Manager explained that Governor Babajide Olushola Sanwo-Olu had approved the clearing of all impediments hampering smooth navigation on waterways in order to ensure free flow of traffic. Emmanuel said the Agency has, therefore, mobilised the required labour force and machinery to the project sites, adding that the first phase will involve the pegging down of water hyacinths to curtail infestation across ferry channels, followed by an eventual clearing of the aquatic weed using both manu

LASG COMMISERATES WITH FAMILY OF LATE BISHOP OLUSOLA ORE.{PHOTOS}.#PRESS RELEASE.

Image
  The Lagos State Government, on Friday, commiserated with the family of Late Bishop Olusola Ore, the Pentecostal Fellowship of Nigeria (PFN) and the Christian Association of Nigeria (CAN) on the demise of the Bishop. The Honourable Commissioner for Home Affairs, Prince Anofiu Olanrewaju Elegushi, speaking during a condolence visit to the home of the Late Bishop, expressed condolence to the family on behalf of Governor Babajide Sanwo-Olu and the Lagos State Government. According to him, “The State Government, through the State Ministry of Health, rendered all medical support to the late Bishop while he was ill but all efforts proved abortive. The Governor empathised with the family and the body of Christ in Nigeria, particularly the Lagos State CAN and PFN”. Presenting a Letter of Condolence to the family and CAN on behalf of the State Government, Elegushi consoled the widow of the deceased to take solace in the fact that the late Bishop is in a better place and had touched so many li

GOV. SANWO-OLU TO FLAG OFF ETI-OSA-LEKKI-EPE EXPRESSWAY PROJECT.{PHOTOS}.#PRESS RELEASE.

Image
  A new motoring experience is on the way on the Eti-Osa-Lekki-Epe Expressway with the Lagos State Government’s plan to rebuild the major road. The flag-off of the reconstruction and upgrade of the important road is Sunday, November 1, 2020. Speaking during an inspection of the road earlier today, the Special Adviser to the Lagos State Governor on Works and Infrastructure, Engineer Aramide Adeyoye, said that despite the economic recession, dwindling financial resources occasioned by the COVID 19 pandemic and the most recent unwarranted violence unleashed on government infrastructure, Governor Babajide Sanwo-Olu remains focused on promoting economic prosperity through the provision of sustainable road infrastructure throughout the State. Mrs. Adeyoye said Governor Sanwo-Olu will flag off the project and reconstruction will begin on the first phase of the 18.75km stretch spanning Eleko Junction to Epe ‘T Junction’. “Aside the fact that the Lekki-Epe Expressway project, when completed, wi

OKONJO-IWEALA: PRESIDENT BUHARI IN VIDEO CONFERENCE WITH PRESIDENT OF EUROPEAN COUNCIL.{PHOTOS}.#PRESS RELEASE.

Image
  President Muhammadu Buhari Friday held a video conference with Mr Charles Michel, President of the European Council, during which the latter reiterated Europe’s support for Nigeria’s Dr Ngozi Okonjo-Iweala as the next Director-General of the World Trade Organisation (WTO). The President is leading Nigeria’s charge for Okonjo-Iweala, the country’s former Minister of Finance, to emerge as the first Black and female WTO DG. President Buhari thanked the European Council for its support for Nigeria’s candidate. Also discussed during the conference were issues bordering on debt relief for Africa, EU-African relations and recharge of the Lake Chad, which has currently shrunk to less than one-third of its usual size, and throwing about 130 million people who depend on the Lake into dire straits. Recharge of the Lake Chad is an issue the Nigerian President had vigorously canvassed at diverse global fora in recent time. President Buhari expressed appreciation to Mr Michel for expected positive

YUL EDOCHIE IS CELEBRATING HIS 16TH WEDDING ANNIVERSARY TODAY.{PHOTOS}.

Image
  Actor Yul Edochie shared all these photos today on social media with the caption ''Happy 16th wedding anniversary to us, me and my beautiful wife @mayyuledochie 16yrs of love and blessings. I’m grateful to God Almighty for this day. I thank my darling, my genius wife for the love, support and so much more. Joy, blessings, protection, favour, wisdom and all good things will never seize in our lives forever, Amen! I love you @mayyuledochie'' Congratulations to them...