INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

-
Image
  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
Post a Comment

ALL WORKERS TO BENEFIT FROM PROVISIONAL WAGE INCREMENT- GBAJABIAMILA. (PHOTO).

-


All Workers To Benefit From Provisional Wage Increment - Gbajabiamila

Federal Government and the labour unions ended up their meeting with an agreement that all categories of workers should benefit from the wage increment announced by President Bola Tinubu in the National broadcast.

After the closed door meeting, Chief of Staff to the President Femi Gbajabiamila stated that the president agreed to the new formula after an observation by the labour unions.

He said that other consensus were agreed on and would be made available after the unions meet with their various organs by Monday.

Gbajabiamila pointed out that the government and unions were all working for the good of the country and its citizens.

The Nigeria Labour Congress President, Joe Ajaero, said that the union had got a ‘’promissory note’’ from the government to take back to its members, adding that the final decision would be communicated after that.

The NLC and the TUC have declared Tuesday to begin an indefinite strike over the issue of fuel subsidy removal palliatives that government has yet to implement.

In response to the labour demands, President Bola Tinubu on Sunday announced a wage increment for workers in the country as well as the deployment of Compressed Natural Gas buses to ease cost of transportation.

The President said in a broadcast that government was committed to relieving the hardship faced by Nigerians, adding that various measures had been taken by all tiers of government to mitigate them.

The meeting had in attendance from the government side the Chief of Staff to the President, Femi Gbajabiamila, Minister of Labour and Employment Simon Lalong, Minister of State for Labour and Employment Nkiruka Onyejeocha.

Others are Minister of Information and National Orientation Mohammed Idris as well ministers of Budget and National Planning Atiku Bagudu, Finance Wale Edun and that of Trade, Investment and Industry, Doris Uzoka



 

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).

-
Image
  SSANU, NASU threaten strike over withheld salaries The Joint Action Committee of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Educational and Associated Institutions have threatened to disrupt industrial peace in universities should the government fail to release the withheld salaries of members. The salaries were seized by the administration of former President Muhammadu Buhari during their strike in 2022. The unions, in a joint letter signed on Friday by the President of SSANU, Muhammed Ibrahim and General Secretary of NASU, Peters Adeyemi, questioned the rationale with which the government released four months withheld salaries to members of the Academic Staff Union of Universities but failed to release the withheld salaries of non-academic staff. The unions noted that they would no longer be able to assure the government of industrial peace in universities should the amounts owed by the government are not released. Earlier, the unions
Read more