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Showing posts from April 21, 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

TRANSPORTATION: UK AGENCY OFFERS TECHNICAL ASSISTANCE TO OGUN.{PHOTOS}.#PRESS RELEASE.

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  A United Kingdom based development agency, Prosperity Fund, has expressed its readiness to offer technical assistance to Ogun State in its efforts at putting in place efficient and sustainable transportation system. This, according to the agency, would fast track the socio-economic development of the state. Speaking during the presentation of report by the Committee on Transportation, on Wednesday, at the Governor's Office Oke-Mosan, Abeokuta, Head, Prosperity Fund Nigeria, Foreign, Commonwealth and Development Office, Martha Bostock, said the fund would help the state build capacity in its transport department for sustainability. "Future Cities in Nigeria will offer technical assistant to Ogun State. It is about helping to build capacity within the state government's department like the Ministry of Transportation and other relevant agencies about what a good transport policy should include. "I like to see the policy put in place with necessary legislative action. T

GOV. SANWO-OLU LAUNCHES $20 MILLION ‘LAGOS CARES’ PROGRAMME FOR YOUTHS, WOMEN.{PHOTOS}.#PRESS RELEASE.

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  •MSMEs, Farmers among Top Beneficiaries of Economic Stimulus Programme •Project Funded Through World Bank Facility Lagos State Government has rolled out a $20 million Coronavirus (COVID-19) Action Recovery and Economic Stimulus (Lagos CARES) Programme to support livelihood for poor and vulnerable households and to expand food security services in the State. At the State House, Alausa, on Wednesday, Governor Babajide Sanwo-Olu launched the social intervention project that is focused on offering safety net to residents whose means of livelihood had been disrupted by the impacts of COVID-19 and also to building resilience of the State. The programme, which will be implemented for 24 months, is being funded through $750 million facility secured from the World Bank by the Federal Government for Nigeria-CARES project. Other states also benefited from the stimulus programme. Lagos CARES will directly support 20,843 households and indirectly support 125,058 individuals within the State. The

LASG HANDS OVER 10 BRAND NEW BUSES TO PUBLIC SERVANTS.{PHOTOS}.#PRESS RELEASE.

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  The Lagos State Governor, Mr. Babajide Sanwo-Olu, on Wednesday, approved the release and handing over of 10 brand new, 56 seater buses to Public Servants in different arms of Government, as part of his commitment to ease transportation challenges encountered by workers in commuting to and from their homes to various offices. The Head of Service, Mr. Hakeem Muri-Okunola, while presenting the 10 new sets of buses at the Lagos House Ikeja, stated that the kind gesture of Mr. Governor is a follow up to the 35 buses allocated to the Centralised Staff Bus Scheme (CSB) a week after assumption of office, adding that the presentation, which was based on requests, attests to the commitment of the State government to priority welfare for public servants. While presenting the buses on behalf of the Head of Service, the Permanent Secretary, Public Service Office, Office of the Head of Service, Mr. Samson Ajibade, maintained that the new buses handed over for use of the workers will further improv

QUEEN ELIZABETH CELEBRATES HER 95TH BIRTHDAY TODAY AS SHE SENT A MESSAGE TO ALL WHO HAVE SENT IN TRIBUTES AND MESSAGES.{PHOTOS}.#PRESS RELEASE.

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  The Queen was born at 2.40am on 21 April 1926 at 17 Bruton Street in Mayfair, London. She was the first child of The Duke and Duchess of York, who later became King George VI and Queen Elizabeth. This year Her Majesty remains at Windsor Castle, during a period of Royal Mourning following the death of The Duke of Edinburgh. ALSO: The Queen’s message to people across the world who have sent tributes and messages of condolence following the death of The Duke of Edinburgh. I have, on the occasion of my 95th birthday today. received many messages of good wishes, which I very much appreciate. While as a family we are in a period of great sadness, it has been a comfort to us all to see and to hear the tributes paid to my husband, from those within the United Kingdom, the Commonwealth and around the world. My family and I would like to thank you for all the support and kindness shown to us in recent days. We have been deeply touched, and continue to be reminded that Philip had such an extrao

NAPTIP: OFFICIAL LAUNCH AND HANDOVER CEREMONY OF THE BLUE BUS UNDER THE PREVENTION OF TRAFFICKING IN PERSONS.{PHOTOS}.#PRESS RELEASE.

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  Earlier today, the official launch and handover ceremony of the Blue Bus under the Prevention of trafficking in persons through a travelling awareness-raising exposition of the International Organization for Migration (IOM) and NAPTIP took place in Lagos State. In attendance were, IOM Chief of mission, Franz Celetine, Consul General of Switzerland in Lagos Thomas Schneider, Migration Adviser, Swiss Embassy, Manuel Muhlbach, Imaan Sulaiman-Ibrahim DG NAPTIP represented by Director Legal, Hassan Tahir. The Blue Bus is a one-stop shop where vulnerable migrants, including community members, can get information on risks associated with trafficking in persons, where to report cases, and on-spot counselling services.More photos below.