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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BAUCHI STATE UNVEILS CONSTRUCTION OF 200KM ROADS, 2 FLYOVERS.(PHOTO).

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Bauchi State Unveils Construction of 200Km Roads, 2 Flyovers

Bauchi State Government has unveiled a plan for the construction of sixteen strategic roads worth about one hundred billion naira across the state.

The project also comprises two flyovers at the busiest areas of Wunti and Central Market to beautify and decongest the city centre.

These among some other rural roads construction project across the state's three senatorial zones were part of the resolutions made during State Executive Council Meeting presided over by Governor Bala Mohammed.

Some of the project that make a total of two hundred kilometers include two point six kilometers Sabon Kaura Birshi Gandu road, four point five kilometers Zango-Gwallagan Mayaka access road, one point seven kilometers Bayara township road, rehabilitation of Disina-Adamami road in Jama'are local government area and Dualization of A.D Rufa'i College to Misau town road among others.

Briefing journalists on the outcome of the meeting, the commissioners of Works and Transport Ibrahim Galadima and his counterpart of Special Duties and Rural Development Faruq Mustapha said the projects have been awarded to confitent contractors in line with developmental initiative of Governor Bala Mohammed led administration.

Also during the meeting, the Council has ratified and approved for upgrading of four palaces of Emirs of Bauchi, Ningi, Jama'are and Dass at sum of two point two Billion naira under the State Ministry for Local Government and Chieftaincy Affairs.

The commissioner of the ministry Ahmed Sarki Jalam said the move was to creat a conducive environment for the traditional institutions to discharge their duties.

The council has also approved a memo for the 2024 Medium Term Expenditure presented by the commissioner ministry of Budget and Economic Planning Aminu Hammayo as well as a memo presented by the commissioner of Commerce, Trade and Investment Mahmud Baba Ma'aji on the preparation for the forthcoming Northeast Joint Trade Fair in Bauchi State.

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