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Showing posts from November 3, 2020

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

NO MORE FAVOURITISM IN OGUN CIVIL SERVICE, ABIODUN ASSURES WORKERS.{PHOTOS}.#PRESS RELEASE.

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  The Ogun State Government has said that appointments, promotions and career advancement would be merit based, as favouritism would no longer be entertained in the State Civil Service. The State Governor, Prince Dapo Abiodun stated this at the Arcade Ground, Oke-Mosan, Abeokuta while addressing workers who trooped out to thank him for paying the new minimum wage and noted that the State and its people are exemplary and so, would continue to adhere to equity and fairness. Governor Abiodun described the State workforce as the best in service delivery in the country, adding that the State has produced world-class civil servants who have made headway in different parts of the world. "No nation or state can achieve any meaningful development without workers who are well motivated to perform optimally. We will continue to constantly and regularly pay our workers salary and other benefits to enable them discharge their duties efficiently. "I know that there has been a breakdown of

LAGOS CALLS FOR PRECAUTIONS AGAINST SECOND WAVE OF COVID-19.{PHOTO}.#PRESS RELEASE.

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  … Stresses Need for Strict Adherence to Safety Protocols The Lagos State Government has once again stressed the need for residents to strictly adhere to precautionary measures against the transmission of COVID-19 to prevent another lockdown of the economy, adding that a resurgence of cases in Lagos may stall measures put in place by the Government to open up the economy. The State Commissioner for Health, Prof. Akin Abayomi, who disclosed this while speaking on efforts being made by the present administration to sustain the gains that have been made to control the global pandemic in Lagos State, explained that many countries and cities are experiencing a second and third wave of the COVID-19 pandemic with a resultant spike in the number of cases and fatalities. He noted that many of the affected countries around the world have found it necessary to impose a second lockdown and restriction of movements, which have significant socioeconomic and security consequences. The Commissioner,

SANWO-OLU RECEIVES POLICE IG OVER COORDINATED ARSON IN LAGOS.{PHOTOS}.#PRESS RELEASE.

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  …Adamu: ‘Destruction uncalled for, police tracking culprits’ Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday, received the Inspector General of Police (IGP) Muhammed Adamu, at the State House in Marina on a commiseration visit. It was the first time the Number One cop in the country would be visiting Lagos after a nationwide youth demonstration against human rights violations and brutality allegedly committed by the disbanded men of the Special Anti-Robbery Squad (SARS). Lagos was the epicentre of the “EndSARS Protest”, which later snowballed to coordinated violence that led to a large-scale destruction of assets belonging to the State, Federal Government, police and private individuals. Six police officers were lynched in Lagos, 36 critically injured, while 46 police stations were torched. At 1:45pm, the Governor received Adamu in company of the Deputy Governor, Dr. Obafemi Hamzat, and Chief of Staff, Mr. Tayo Ayinde. Sanwo-Olu commiserated with the police chief over the mo

LASUBEB MONITORS REOPENING OF PUBLIC PRIMARY SCHOOLS.{PHOTOS}.#PRESS RELEASE.

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  In line with the directive of Governor Babajide Sanwo-Olu that all schools should fully reopen in Lagos State, the Executive Chairman, Lagos State Universal Basic Education Board, Mr. Wahab Alawiye-King, on Monday, led members of LASUBEB staff on a monitoring exercise to some public primary schools across the State to ensure strict compliance with the COVID-19 safety protocols and management. Alawiye-King, speaking during the monitoring exercise at St. Agnes Primary School, Maryland Primary School, Lagos State Model Nursery & Primary School, Bola Memorial Primary School and Ikeja Central Primary School, explained that school monitoring and inspection is a routine duty of the Board aimed at ensuring compliance with the State's safety guidelines and protocols on reopening. He noted that the effect of the pandemic on the education sector compelled the Board to create strategies at ensuring that all public schools adapt to the new normal and follow the safety measures initiated t