INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

-
Image
  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
Post a Comment

PENSIONS: GOV. ABIODUN INCREASES QUARTERLY PAYMENT TO N1B. (PHOTOS).#PRESS RELEASE.

-





 Pensions: Abiodun increases quarterly payment to N1b


Determined to offset the backlog of pensions and gratuities arrears in Ogun State, Governor Dapo Abiodun has announced the increment of the quarterly payment of pension to N1b.


Abiodun made this known while addressing pensioners at an interactive session held at the June 12 Cultural Centre, Kuto, Abeokuta, on Monday.


The governor informed them that his administration met an arrears of over N80b and had since developed ways of defraying it.


"When we came in, we met pension arrears of over N80b. We started paying N500m at a time. We later increased it to N600m monthly. If the previous government had been paying, we would not be where we are today.


"I am expecting about N280bn from the federal government being the money we spent constructing federal roads. I can assure you that as soon as I get that money, I will pay between N10 and N18b as pensions and gratuities", the governor promised.


Abiodun who disclosed that no gratuity was paid from 2012 up to when he assumed office in 2019, however, announced increment of N15,000 for pensioners who were previously collecting N5,000 monthly pension, wondering how people would survive with such paltry amount of money at the present difficult time.


He added that his administration had devised various ways including providing needed infrastructure, security and enabling environment for more Investments aimed at increasing the Internally Generated Revenue of the state.


While noting that his administration was not unmindful of the plight of the senior citizens, the governor said a special arrangement had been made by the state government to take care of pensioners who need urgent medical treatment.


He, therefore, pleaded for patience and understanding as the government would be making efforts to attend to their issues, pledging to have such interactive session twice a year.


Speaking earlier, the State Chairman, Nigeria Union of Pensioners, Alhaji Waheed Oloyede, had urged the state government to increase the monthly pension of those still collecting N5,000, just as the N600m quarterly payment for pension was inadequate to pay gratuities.


More photos below. 









Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).

-
Image
  SSANU, NASU threaten strike over withheld salaries The Joint Action Committee of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Educational and Associated Institutions have threatened to disrupt industrial peace in universities should the government fail to release the withheld salaries of members. The salaries were seized by the administration of former President Muhammadu Buhari during their strike in 2022. The unions, in a joint letter signed on Friday by the President of SSANU, Muhammed Ibrahim and General Secretary of NASU, Peters Adeyemi, questioned the rationale with which the government released four months withheld salaries to members of the Academic Staff Union of Universities but failed to release the withheld salaries of non-academic staff. The unions noted that they would no longer be able to assure the government of industrial peace in universities should the amounts owed by the government are not released. Earlier, the unions
Read more