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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NIGERIA WILL EXPERIENCE PEACE, STABILITY AND PROSPERITY, PRESIDENT TINUBU DECLARES AT LAGOS EID PRAYER GROUND .(PHOTO).#PRESS RELEASE.

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STATE HOUSE PRESS RELEASE

NIGERIA WILL EXPERIENCE PEACE, STABILITY AND PROSPERITY, PRESIDENT TINUBU DECLARES AT LAGOS EID PRAYER GROUND 


President Bola Tinubu on Wednesday in Lagos urged Nigerians to have faith in God that the country will experience peace, stability and prosperity. 

Speaking to reporters after observing the Eid-el-Kabir prayers at Dodan Barracks prayer ground, the President stressed the need for unity and cooperation, appealing to Nigerians to eschew ethnic and religious rivalries. 

While noting that Allah would not burden the country with what it cannot bear, the President said:  

''I thank Almighty Allah for keeping us in good health till today and pray to Him to grant us robust health and prosperity. May our sacrifices turn to prosperity. We have to make the sacrifices and that is clear, we have to. 

''But Allah will not give you a burden that you cannot carry. He is there for us. We must have faith in the country. Have faith in ourselves, believing that as citizens of this country, we must join hands to build the nation. 

''No religious identity, no tribal identity, let us live with one another in joy and prosperity. Nigeria will see peace, stability and God will grant peace to those of us at the warfront." 

The President also used the occasion to pray for Nigerian troops in the frontline in the fight against insurgency, saying it is his earnest desire and that of the nation that they emerge victorious. 

The Eid prayer, which started at 9 a.m. was led by the Chief Imam of Lagos State, Sheikh Sulaiman Oluwatoyin Abu-Nolah.   

The Chief Imam later performed the obligatory slaughtering of ram at the Eid prayer ground in celebration of the significance of the noble act of Prophet Ibrahim in total obedience to Allah's command.  

Speaking on behalf of Lagos State Governor Babajide Sanwo-Olu, Deputy Governor Obafemi Hamzat felicitated Muslims across Nigeria and in the state for the joy of the Eid-el-Kabir celebration, urging them to unite behind President Tinubu in his determination to make the country better. 

"It is our duty to pray for our leaders. We must pray for our President that God should help him to succeed in the task before him." 

The prayer was attended by the Chief of Staff to the President, Hon. Femi Gbajabiamila, the National Security Adviser, Mallam Nuhu Ribadu, former Governor of Lagos State and immediate past Minister of Works and Housing, Mr. Babatunde Fashola, Speaker of the State House of Assembly, Hon. Mudashiru Obasa, among other notable government officials and top politicians. 

Dele Alake
Special Adviser to the President

Special Duties, Communications and Strategy

June 28, 2023

 

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