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Showing posts from January 31, 2021

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

PRESIDENCY: NIGERIANS SHOULD COMPLY WITH MANDATORY MASK WEARING TO AVERT LOCKDOWNS.{PHOTO}.#PRESS RELEASE.

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  The Presidency is worried by reports of non-compliance with just signed Executive Order that makes mask wearing and observation of social distancing in the public mandatory, appealing to Nigerians to give their maximum cooperation for success of the policy. President Muhammadu Buhari introduced the order with the best of intentions and not with any motive to punish citizens. The Presidency appeals to State Governments, traditional rulers and religious leaders to play active roles in the sensitization and enforcement of the Executive Order. To achieve this, COVID-19 task forces and committees should persuade members of the public to cooperate with the government in achieving compliance and avoid crude methods that may create resistance and resentment, thereby defeating the primary goal of the Executive Order. The Buhari administration is most reluctant to lockdown the country and continues to emphasize the non-pharmaceutical measures and the only way to avert lockdowns is to observe t

QUEEN ELIZABETH IS SET TO HOST U.S. PRESIDENT JOE BIDEN AND OTHER WORLD LEADERS IN JUNE.{PHOTO}.

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  Queen Elizabeth will host new U.S. President Joe Biden and other world leaders at Buckingham Palace before a summit of the G7 big economies in June, the Sunday Times newspaper reported. Describing it as a “soft power” reception, the Sunday Times said the Queen would be joined by the Prince of Wales, the Duchess of Cornwall and the Duke and Duchess of Cambridge. The palace declined to comment on the report. Britain has announced plans to hold the first in-person summit of the G7 for nearly two years in June in Cornwall, southwest England. Prime Minister Boris Johnson hopes the meeting will forge a consensus that the global economy must recover from the COVID-19 pandemic in a pro-free trade and sustainable way.

2020 TI-CPI RATING NOT TRUE REFLECTION OF NIGERIA'S ANTI-CCORRUPTION AGENDA-FG.{PHOTOS}.#PRESS RELEASE.

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  The Federal Government has said Nigeria's low rating in the 2020 Transparency International Corruption Perception Index (TI-CPI) does not truly reflect the great strides by the country in its fight against corruption. In a statement issued in Abuja on Sunday, the Minister of Information and Culture, Alhaji Lai Mohammed, assured that the country's anti-corruption agenda, which has placed great emphasis on corruption prevention measures and the building of integrity systems, remains on course. The Minister said the implementation of the various reforms, especially in the Ease of Doing Business, is expected to yield positive outcomes in the country’s corruption perception and other relevant assessments in the next 12 to 24 months. ''For instance, following the release of the 2019 TI-Corruption Perception Index, the government initiated reforms to improve on Nigeria’s Ease of Doing Business indices. This is because we found that up to 40% of the country's corruption p

LASG STOPS LAND EXTENSION, RECLAMATION IN BANANA ISLAND, OSBORNE FORESHORE.{PHOTO}.#PRESS RELEASE

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  The Lagos State Government has issued a suspension order on all approvals in respect of land extensions into the Lagoon at Banana Island and Osborne Foreshore, Ikoyi. A statement jointly signed by the Commissioner for Physical Planning and Urban Development, Dr. Idris Salako and his counterpart in the Ministry of Waterfront Infrastructure Development, Arc. Kabiru Ahmed Abdullahi, noted that there has been increasing and continuing degradation of the Lagos shoreline as a result of indiscriminate illegal dredging, reclamation and land extensions into the Lagos Lagoon. The statement said, “Of particular concern to the State Government are the extensions being illegally carried out at Banana Island and Osborne Foreshore, Ikoyi”, pointing out that such land reclamation and extension activities had resulted in gross violation of the Physical Planning Laws of the State and impinged on the ecosystem of the entire area. The Commissioners maintained that the indiscriminate illegal proliferati

PDP EXPRESSES DISMAY BY PRESIDENT BUHARI'S VIOLATION OF COVID-19.{PHOTOS}.#PRESS RELEASE.

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  January 31, 2021 Press Statement PDP Expresses Dismay By Buhari’s Violation of COVID-19 Law...Charges Nigerians Not to Follow Such Examples The Peoples Democratic Party (PDP) has expressed dismay over President Muhammadu Buhari’s reported violation of his own executive regulation on COVID-19, which provides for 6-months jail term for defaulters. The PDP asserts that it is a huge national embarrassment and gross failure of leadership that President Buhari, who ought to lead by example, is being reported of publicly violating the COVID-19 regulation, which he signed just five days ago. It is indeed scandalous that while Nigerians are striving to obey the COVID-19 regulation, which stipulates the compulsory wearing of nose mask and physical distancing in the public, they are being confronted with reports of open violation of the law by Mr. President at the All Progressives Congress (APC)’s membership revalidation exercise in his hometown, Daura, Katsina state on Saturday. The media is

GOV. WIKE TO KALABARI PEOPLE; EXPECT CONSTRUCTION OF TRANS-KALABARI ROAD.{PHOTOS}.#PRESS RELEASE.

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  **says another round of project inauguration begins from February 10th, 2021. Governor of Rivers State, Nyesom Ezenwo Wike says discussions have been concluded on the commencement of construction work on the Trans-Kalabari Road, which will ease transportation difficulties experienced by the people of Kalabari ethnic nationality. The governor explained that he is deliberately embarking on critical projects that address the direct needs of Rivers people, and he is determined to make the people happier than he met them on assumption of office. Governor Wike made the explanation at the reception organised for the conferment of special chieftaincy title, Eze Gbuwara Uzor 1 of Ikwerre on Sir Celestine Omehia, former Governor of Rivers State, at Isiopko Town in Ikwerre Local Government Area on Saturday. The Rivers State Governor said most Kalabari people had castigated his administration out of impatience, but they can see clearly that the Trans-Kalabari Road project has always been on t