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Showing posts from December 16, 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

FRSC COMMENCES ENFORCEMENT OF NATIONAL IDENTIFICATION NUMBER IN DRIVER'S LICENCE PROCESSING.{PHOTO}.#PRESS RELEASE.

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  Following the Federal Government's directives on the harmonisation of citizens' data by relevant agencies, the Federal Road Safety Corps (FRSC) had in compliance with the directives earlier put members of the public on notice. As a follow up to that, FRSC Management has resolved that effective 21 December, 2020, all applicants for the National Driver's Licence in Nigeria must present the National Identification Number ( NIN) from the National Identity Management Commission (NIMC) before they can be captured for any class of the licences produced by the FRSC. According to the press release signed by the Assistant Corps Marshal Bisi Kazeem, fsi, all driver's licence applicants are therefore, expected to present their National Identification Number from the date, before they can be attended to, adding that there would be no waiver for anyone. Bisi further stressed the need for a harmonised database on citizens' information which he said is critical to resolving the c

GOV. HOPE UZODIMMA PRESENTS 2021 BUDGET TODAY.{PHOTOS}.#PRESS RELEASE.

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Gov. Hope Uzodimma today has presented the 2021 budget at the Imo State House of Assembly. The budget is titled: The Budget Of Wealth Creation, is structured to reflect the policy objectives of shared prosperity leveraged on the 3R of the NEW IMO development initiative. Gov. Hope Uzodimma highlighted that the economic blueprint of the state is premised on a tripod vision of economic rehabilitation, reconstruction and recovery and also a roadmap for the post-covid-19 pandemic sustainable economic recovery and growth plan. The targets of this budget is to stimulate and accelerate economic growth through SMEs. "It is therefore imperative that individuals and corporate establishments within the state should support the policy program towards a sustainable growth of small and medium Enterprises as we will continue with policies that will guarantee increase in private-sector investment, downstream value chain addition, productivity as well as boost youth agro enterpreneurship to encoura

GOV WIKE ADVISES UNIVERSITIES NOT TO RETAIN LECTURERS WITHOUT QUALIFICATION, RESEARCH CAPABILITIES.{PHOTOS}.#PRESS RELEASE.

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  Rivers State governor, Nyesom Ezenwo Wike says if universities must improve on the quality of graduates they turn out, teachers who do not possess the right qualification and problem-solving research capability should not be retained by universities. He has also suggested that universities curriculum must begin to address the issues of skills, linkages to industries and relevant competences for job creation or self-employment of the graduates. Governor Wike, made this assertion in his address at the 32 convocation and 40th anniversary of the Rivers State University, Port Harcourt on Tuesday. He said, for the universities to be reckoned internationally as serious citadels of learning, creativity and innovation, stakeholders must find the means to address the problem of declining quality of graduates. Governor Wike said while the State government will continue to address issues of faculty shortage, the universities must do something serious about their curriculum, quality of teaching s

PRESIDENT BUHARI PARTICIPATES IN FEC MEETING FROM DAURA, COVID-19 VACCINE, BORDER REOPENING TOP AGENDA.{PHOTOS}.#PRESS RELEASE.

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  President Muhammadu Buhari on Wednesday participated in the 36th Federal Executive Council (FEC) meeting from his country home in Daura, Katsina State, via video conferencing, contributing to major decisions on procurement of COVID-19 vaccines, drugs for HIV-AIDS and equipment for cancer treatment. In the historic meeting, presided over by Vice President Yemi Osinbajo in Abuja, the President paid close attention, following discussions on a mix of 33 memoranda dealing with policies, contracts and reports, and where he felt the need, he also asked for recognition and intervened. The meeting took some critical decisions, which include approvals for procurement of essential drugs for HIV-AIDS treatment, equipment for cancer treatment for University of Maiduguri Teaching Hospital, first in North-Eastern States. Approvals were also given for a contract to construct an 11 (eleven) storey building to serve as headquarters of Department of Petroleum Resources (DPR) in Abuja, COVID-19 vaccine

GOV. SANWO-OLU HANDS-OVER BADAGRY, EPE THEATRES TO BOOST TOURISM.{PHOTOS}.#PRESS RELEASE.

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  … Urges Residents to Take Ownership Lagos State Governor, Mr. Babjide Olusola Sanwo-Olu, has urged residents of Badagry and Epe to take ownership of the ultra-modern theatres built by the State Government in the two ancient towns, saying that the edifices were constructed to boost tourism activities. The Governor, who handed over the Badagry and Epe theatres separately on 5th and 12th of December 2020, respectively, said that the construction of the theatres in Badagry and Epe was deliberate, considering the historical value of the two towns to tourism activities within the State and the country as a whole. Sanwo-Olu, speaking through his Special Adviser on Tourism, Arts and Culture, Mr. Solomon Bonu, said that the hand-over ceremony, which was preceded by different theatrical performances led by the cultural troupe from the Lagos State Council for Arts and Culture, was meant to provide a sneak-peek of what to expect from the ultra-modern facilities going forward. He explained that

LAGOS EMPOWERS PEOPLE LIVING WITH HIV/AIDS.{PHOTOS}.#PRESS RELEASE.

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The Lagos State Government has empowered People Living with HIV/AIDS (PLWHA) in the State with equipment, training and start-up grants for self-establishment and economic independence. Making the presentation of sewing machines to beneficiaries on Tuesday, at the Head Office of Lagos State Aids Control Agency (LSACA), the Chief Executive Officer of the Agency, Dr. Monsurat Adeleke stated that the Agency will continue to give top priority to all the needs of HIV/AIDS clients in the State. She said, “As the pioneer agency for the management and control of HIV/AIDS in Nigeria, LSACA will continue to blaze the trail regarding the fight against the disease in Lagos by caring for People Living with HIV/AIDS”. Dr. Adeleke said the empowerment programme was a follow-up to the promises made during the celebration of the World Aids Day two weeks ago as well as the flag-off by the First Lady of Lagos State, Dr. (Mrs.) Ibijoke Sanwo-Olu, on the use of oral self-testing kits in the Southwest, stres