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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PANTAMI: OVER FOUR YEARS, 4,366 DIGITAL ECONOMY SECTOR PROJECTS SUCCESSFULLY IMPLEMENTED.(PHOTO)

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PANTAMI: OVER FOUR YEARS, 4,366 DIGITAL ECONOMY SECTOR PROJECTS SUCCESSFULLY IMPLEMENTED


Pantami Reports Successful Implementation of 4,366 Digital Economy Projects in Four Years
In a virtual and physical commissioning ceremony held in Abuja, Minister of Communications and Digital Economy, Prof Isa Pantami, announced that a total of 4,366 projects have been successfully implemented over the past four years.

These projects encompass a range of initiatives, such as the establishment of Emergency Communications centers by the Nigerian Communications Commission, the development of ICT centers by the National Information Technology Development Agency, the deployment of ten operational mailing vehicles for the Nigerian Postal Service, and nationwide Universal Service Provision projects.

During the ceremony, Pantami inaugurated various projects, including the construction and equipping of an IT Hub in Gashua, Yobe State (North-East), a Digital Awareness Programme at Cardoso High School in Apapa, Lagos State (South-West), a Community IT Training Centre in Ogbomoso, Oyo State (South-West), a Digital Nigeria Centre at General Hassan Usman Katsina Unity College in Bauchi, Bauchi State (North-East), a Mini-ICT Square Project at FUT Minna, Niger State (North-Central), and a Digital Nigeria Centre at Udi Abia Secondary School in Udi, Enugu State (South-East), among others.

Pantami emphasized that Nigeria's digital economy has experienced significant growth in the past four years, primarily attributed to the implementation of well-crafted policies. He highlighted that broadband coverage expanded from 23 percent to an impressive 80.86 percent during this period. The Minister expressed delight that the sector's contribution to Nigeria's economy surged from N51.3 million to N408.7 billion within the four-year timeframe. Additionally, he noted that National Identity Number (NIN) enrolment increased from 39 million to 100 million under the government's efforts.

The ceremony featured the ribbon-cutting for multiple projects, the unveiling of a comprehensive 443-page compendium highlighting major achievements, programs, and initiatives in the digital economy sector, the presentation of ten mailing vehicles for NIPOST, and the celebration of over 100 million NIN enrolments.

 

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