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

SUBSIDY REMOVAL: NIGER OFFERS FREE TRANSPORT SERVICE TO PUBLIC SCHOOLS. (PHOTO).



Subsidy removal: Niger offers free transport services to public schools

Niger State Governor, Mohammed Bago, has ordered that there’ll be free transportation of government school pupils within the state.

This measure, the governor said, is to help ensure that learners have easy access to education, amidst the removal of fuel subsidy by the President Tinubu administration.

The governor said, “The free transportation for the children at the basic level of education will encourage pupils to go to school at the basic education level and again cushion the effect of subsidy removal.”

Officials of the National Examination Council, led by its registrar and Chief Executive Officer, Prof Ibrahim Wushishi, paid a visit to the Government House, Minna, the state capital.

 Examination body to assist the government in making schools attractive to learners and improve the quality of education in the North-Central state.

“We have not felt NECO in terms of corporate social responsibilities.

We have not seen a block of classrooms that has been fixed by NECO. You cannot be a tenant in our state and not add value to our people and communities,” Bago charged.

The registrar mentioned that the examination body shall collaborate with the state government to better education in the state.

 

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