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
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AIR POLLUTION COSTS SOCIETIES MORE THAN $5 TRILLION ANNUALLY -FG.(PHOTO).#PRESS RELEASE.

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PRESS RELEASE


AIR POLLUTION COSTS SOCIETIES MORE THAN $5 TRILLION ANNUALLY -FG


The Permanent Secretary, Federal Ministry of Science, Technology and Innovation, Mrs Monilola Udo said that according to the World Bank, air pollution costs societies more than $5 Trillion Dollars annually.

Mrs Udo said this while declaring open the sensitization workshop on the Promotion of Internet of Things (IOT) for Technology Air Quality Monitoring in the Enviroment in Abuja.

According to Mrs. Monilola “the Internet of Things, refers to the Internet of computing devices embedded in everyday objects enabling them to send and receive data.”

She explained that the Internet of Things has a lot of climate related potentials such as monitoring air quality, water quality, pointing out that it is the engine that will drive Nigeria into the much anticipated smart city environment.

To this end, she enjoined the participants to take advantage of the workshop, and policies of the Ministry in Research and Innovation.

Earlier, the Director of Environmental Science Technology Department of the Ministry, Dr. Peter Ekwuozor, said that IOT is a great intervention for monitoring air quality both indoor and outdoor.

Dr. Ekwuozor further said that the IOT will help to develop effective policy means, control harmful emissions and consequently limit health burdens in the country.

PICTURE CAPTIONS: Representative of the Permanent Secretary Federal Ministry Science, Technology and Innovation (FMSTI)/ Director Environmental Sciences and Technology (EST) Department, Federal Ministry of Science, Technology and Innovation (FMSTI) Dr. Peter Ekweozoh (3rd left), Senior Lecturer, Department of Chemistry, Group Lead, Air Quality Monitoring Research Group, University of Lagos, Dr. Rose Alani (2nd left), Technical Assistant (TA) to the Permanent Secretary Dr. Patricks Oshuma (3rd right), SA Technical to the Permanent Secretary Dr. John- John (2nd right), and other Participants in a group photograph During Seminar/Workshop For the Evidence Use in Environmental Policymaking in Nigeria (EUEPiN) Project. Theme: Promotion of Internet of Things (IoT) Use in Air Quality Monitoring and Technology Transfer in Diverse Areas towards Smart City Realization in Nigeria.

 

FMSTI
ATUOURA OBED
DD PRESS AND PR
16TH JUNE 2022

 

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