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

GOV. ZULUM LAUNCHES 610 TAXIS,TRICYCLES, BUSES IN MAIDUGURI. (PHOTOS).#PRESS RELEASE.


Mass transit: Zulum launches 610 taxis, tricycles, buses in Maiduguri

… Gives N50m to 1,000 operators
… Targets 3,200 beneficiaries 

Borno Governor, Professor Babagana Umara Zulum, has launched 610 taxis, tricycles and buses to enhance urban mass transportation in Maiduguri and parts of Jere and Konduga Local Government Areas which fall under the metropolis.  

Zulum arrived Maiduguri after his presidential press briefing in Abuja today, Thursday, and drove from
the airport to Ramat Square in Maiduguri, where he launched 610 means of transportation which combine 100 Toyota LE cars for city taxis, 500 tricycles popularly known as ‘Keke NAPEP’ and 10 Ashok Leyland buses each with capacity for 41 passengers. 

While the 10 buses were left under the custody of Borno Express Transport Corporation for intracity services, the 500 tricycles were allocated to 2000 operators with each tricycle owned by a group of four unemployed persons. The 100 taxis were also allocated to 200 persons with each to be owned by two, making a total of 2,200, the number of persons who benefited from the tricycles and taxis.

Modalities for the distribution were arrived at after Governor Zulum held meetings with leaders of different associations of Keke NAPEP operators who informed the governor that some of their members form groups to own tricycles and they have their ways of jointly managing them and sharing profits. 

Before Zulum’s launch, the State Commissioner for Transport, Dr. Abubakar Tijjani, assured the governor of effective and efficient supervision to ensure functional deployment to routes in line with the governor’s goal of increasing access to mass transport in the metropolis. 

On security integrated into the tricycles and taxis, Managing Director and Chief Executive of Bexil Computers & Communications, Yusuf
Hayatuddeen, said each of the 500 tricycles has digital stickers from which passengers can use smart phones to access essential data of all operators. He also explained that with the stickers, movements of the tricycles will be tracked to ensure each operator only operates within communities they are expected to serve. 

… Grants N50m to 1,000 Keke Napep operators

Aside the 2,200 persons allocated the tricycles and taxis, Governor Zulum also granted N50m to 1000 members of different Keke NAPEP operators who did not benefit from the launch given the fact that the associations have thousands of members, some of whom either own tricycles or work as riders and spare-riders. 

The 1,000 persons was to each receive N50,000 as social support. 

A combine total of 3,200 youths benefitted from the distribution of the tricycles, taxis and grant.
More photos below. 








 

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