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

CITAD SUPPORTS 27 WOMEN WITH N2.4M GRANT.(PHOTO).



CITAD Supports 27 Women With N2.4m Grant

In its effort's to promote digital innovation among women, the center for information technology and development (CITAD) ,has provided post-training support worth N2,475,000 to 27 beneficiaries, of the Digital Creativity and Innovation for Young Women, (DICI-YOW).

Speaking during the presentation of cheques , the executive director of the center, Alhaji  Yunusa Zakari Ya’u, explained that, the training was aimed at empowering young girls with digital skills, entrepreneurship knowledge, and gadget operation.

Alhaji Yunusa, who was represented by  the campaign and communication officer, CITAD Malam Ali Sabo explained that, the 
beneficiaries from Kano, Jigawa and Bauchi states, were selected from over 380 applications, with 110 proposals chosen, and 27 excelling in their submissions.

He highlighted  that, the Centre provided funds to beneficiaries based on the category of their proposals, as technological proposals received #150, 000 naira, while other businesses were rewarded with  #75, 000. 

" This is the first batch of the beneficiaries. This is what we are rounding up today and other batches will commence soon,” he said.

He said, the center had planned to ensure monitoring of the beneficiaries progress in their businesses with the capital given to them.

The executive director, urged beneficiaries to use the funds judiciously and become employers of labor, to reduce unemployment.

Earlier,  CITAD’s gender officer, Hajiya Zainab Aminu charged the  beneficiaries to use the funds “creatively and innovatively” in line with the training’s goals of digital creativity and innovation.

Speaking on behalf of the beneficiaries, Aisha Abdullahi Nayawo, said they were trained on Basic Information Technology, Microsoft Excel, Graphic Designing, Digital Marketing, and other skills.

Aisha commended the  CITAD for the training empowerment funds and promised  that the beneficiaries would use the funds wisely, become employers of labor, and extend the knowledge and skills gained from the training to their communities.

Radio Nigeria reports that, the beneficiaries received certificates and cheques as start up capital.


 

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