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

MINISTRY OF AVIATION APPEALS TO AVIATION WORKERS TO END STRIKE.(PHOTO).#PRESS RELEASE.

-



MINISTRY OF AVIATION APPEALS TO AVIATION WORKERS TO END STRIKE


The Ministry of Aviation has expressed her displeasure at the ongoing warning strike by the Aviation Unions in spite of efforts at meeting the demands of the workers. 

2. The strike is unnecessary as it will increase the hardship on our citizens, affect flight schedules, lead to economic losses and negatively impact on our rating globally.

3. On the grievances prompting the strike by the Unions, these are issues that should not lead to strike.

4. It should be noted that the planned demolition of certain buildings obstructing the runway is in public interest and an administrative issue that can be sorted in-house. The Unions should have met with management of Agencies for alternative accommodation to all affected offices before going ahead with the strike.

5. On the Concession of airports, the Unions are aware of global practices and for the Aviation industry in Nigeria to be the hub in Africa, the concession is the way to go to improve infrastructure and make our airports economically viable as this is without loss of jobs. 

6. On Conditions of Service in some of the Agencies, it is work in progress. The National Salaries, Incomes and Wages Commission is already carrying out assessments and will soon conclude.

7. The Unions should also note, if they are not already aware, that consequential adjustment of the minimum wage has been finalized and about to be paid anytime soon. We have always conveyed this information in the several conversations and meetings held with the Unions.

8. The Management of the Ministry of Aviation is open to continuous engagement with the Unions to improve their welfare. However, this can only be done in an atmosphere of peace and mutual respect.

9. Let me reiterate that while we are appealing to the Unions to sheath the sword, the Management will view seriously any behaviour by any Union that is likely to lead to a breakdown of law and order at our airports.

10. The Ministry wishes to appeal to the Unions to call off the strike and join hands with Management to make the Aviation industry a hub in Africa.


 

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