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Showing posts from May 7, 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

HEALTHCARE: OGUN RECEIVES THREE AMBULANCES FROM BUA GROUP.{PHOTOS}.#PRESS RELEASE.

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  In line with its synergy with the private sector, the Dapo Abiodun-led administration has taken delivery of three ambulances from the Abudu Samad Rabiu Foundation(ASR) and the BUA Group. Receiving the ambulances at the Governor's Office, Oke-Mosan, Abeokuta, on Friday, Governor Abiodun commended the Foundation and the BUA Group for being a responsible business concern which gives back to the society. "I want to thank the BUA Group for being a responsible business concern, that wants to give back to the community where they are doing businesses", Abiodun noted. He added that his administration had prioritised the implementation of the state economic agenda by ensuring that it provides the needed infrastructure in the five pillars of 'ISEYA', particularly in the area health infrastructure The governor noted further that his government had also embarked on aggressive approach of rehabilitating its primary and secondary health care centers. Abiodun, who also said th

LASG TAKES DELIVERY OF NEW BOATS TO BOOST WATER TRANSPORTATION.{PHOTOS}.#PRESS RELEASE.

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  In a demonstration of its commitment to a multimodal transport system aimed at tackling traffic gridlocks across the metropolis, the Lagos State Government has taken delivery of seven new boats equipped with modern gadgets and built solely by local manufacturers to international standards. The Managing Director, Lagos Ferry Services (LAGFERRY), Mr. Abdoulbaq Ladi-Balogun, while taking delivery of some of the boats at the Ipakodo Terminal, Ikorodu, expressed delight at the safety features and aesthetics of the boats, commending the manufacturers for achieving global standards and assuring commuters of a safe, fast and pleasurable experience on the waterways. He said, "Taking the delivery of these boats is a testimony to the commitment of Governor Babajide Sanwo-Olu's administration to continue enabling the growth trajectories of the local economy, thereby creating jobs along the value chain of marine transportation system”. “These new boats will be deployed immediately to tak

GOV. SANWO-OLU WANTS LAGOS CREATIVE SECTOR TO BECOME GLOBALLY COMPETITIVE.{PHOTOS}.#PRESS RELEASE.

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  . . . Applauds Partnership With Del-York Academy Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, has reiterated his administration's support for practitioners in the creative sector to compete favourably with their contemporaries across the globe in directing, acting, cinematography and all the processes of film production from script to screen. The Governor, who stated this while addressing a set of trainees sponsored by the government, in collaboration with Del-York Academy, on Tuesday in Lagos, explained that the investment on human capacity development in the creative sector is aimed at giving the beneficiaries world-class exposure in the creative field. He said, “We will give you the opportunity that will make you what you want to be, and I believe this will put Lagos and Nigeria in that space where even players in the international world will look out for you”. While expressing excitement about the partnership with Del-York Academy, Governor Sanwo-Olu, who joined the

ELEVEN IPON/ESN NEUTRALISED AS SECURITY FORCES FOIL ANOTHER ATTACK ON POLICE AREA COMMAND IN IMO STATE.{PHOTOS}.#PRESS RELEASE.

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  ...Eleven IPOB/ESN terrorists Neutralised, Arms, Ammunition, Operational Vehicles Recovered A gang of IPOB/ESN terrorists mounted in vehicles on Thursday, 6 May 2021, stormed Orlu town with intention to attack the compound housing the Area Command and Police Station in Orlu LGA of Imo State. The attackers were resisted by vigilant police personnel at the Area Command and were completely obliterated when a reinforcement team of the Nigerian Army and Nigerian Air Force arrived the scene. The assailants who have been on the radar of the Joint Technical Intelligence Team were said to have come from a Forest Camp in Ideato North LGA of Imo State from where they mobilised and planned the failed attack. Following the encounter, eleven IPOB/ESN Terrorists were neutralised while four AK47, one G3 and one Pump Action Rifles as well as a Berretta Pistol, charms and assorted ammunitions were recovered. All the seven Operational Vehicles used for the attack were demobilised and as such the remain