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, CUBA PARTNER ON FOOD SECURITY, AGRICULTURE ADVANCEMENT. (PHOTO).

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Nigeria, Cuba Partner On Food Security, Agriculture Advancement

Nigeria has signed a Memorandum of Agreement with the Republic of Cuba on food security and agriculture advancement.

Vice President Kashim Shettima, who represented President Bola Ahmed Tinubu at the G77 + China Leaders’ Summit in Cuba, shared the information on his X handle on Sunday.

The Minister of Agriculture and Food Security, Abubakar Kyari signed the agreement on behalf of the Federal Government while the Cuba’s Minister of Agriculture, Ydael Jesus Perez Brito signed the MOU for the host country.

The signing ceremony took place at the Ministry of Agriculture of Cuba in the presence of officials from both countries.

The Minister expressed heartfelt gratitude for the shared insights into Nigeria’s pressing food and agricultural opportunities and challenges.

He also underlined Nigeria’s demographic advantage, vast land resources, immense agricultural potential, promoting President Bola Ahmed Tinubu’s vision for food and nutrition security.

Mr Brito expressed delight at the opportunity to partner with Nigeria stating that his country would provide impactful cooperation in identified areas contained in the MOU.

The host Minister highlighted Cuba’s agricultural human capital and different models of practices which have raised its productivity.

Nigeria also signed a Memorandum of Understanding (MoU) with the Republic of Cuba to further enhance collaboration in the field of Innovation, Science and Technology between the two countries.

The signing ceremony which took place on Saturday on the sidelines of the G77+China Summit at Hotel Palco La Habana, is the high point of Nigeria’s participation at the summit.

Nigeria’s Minister of Innovation, Science & Technology, Uche Nnaji signed on behalf of the Nigerian Government.

The Minister praised President Bola Tinubu for his visionary leadership which resulted in the signing of the agreement.

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