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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STRIKE: LABOUR MINISTER INVITES NLC FOR MEETING .(PHOTO).

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 STRIKE: LABOUR MINISTER INVITES NLC FOR MEETING 


Minister of Labour and Employment, Simon Bako Lalong has again invited the Nigerian Labour Congress, NLC for another meeting over its planned indefinite strike.


The Minister who directed the Department of Trade Unions Services and Industrial Relations to convene a meeting with the leadership of the Nigeria Labour Congress (NLC) for Monday 18th September 2023 said it was important that the Unions sit with Government to resolve all pending matters to avert further disruption to the economy. 


According to the Minister, the administration of President Bola Tinubu will always engage the organised labour  and respond to its concerns after due consultation and negotiations in order to guarantee industrial harmony which is critical to the attainment of the Renewed Hope Agenda. 


It would be recalled that the Minister had invited the two Labour centres for talks to avert the 2 day strike held between 5th and 6th September, but only the TUC showed up for the meeting.

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