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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KANO STATE: FG ORDERS RELOCATION OF SEALED MEDICINE STORES. (PHOTO).

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 Kano State : FG Orders Relocation Of Sealed Medicine Stores 


The Federal government has urged  owners of 1,321 medicine stores sealed in Kano, to  relocate to Coordinated Wholesale Centre at Dangwauro to ensure proper monitoring geared at safeguarding the country.


Coordinating Minister of Health , Dr Muhammad Ali-Pate, made the disclosure while briefing Newsmen shortly after inspecting the Coordinated Wholesale Centre (CWC) along Zaria Road, Dangwauro Kano.


He said the purpose of the visit was to assess the level of preparedness of the Centre to in enhancing safety in the drug distribution system geared.


Dr Mohammad Ali Pate noted that the present administration was committed towards ensuring a coherent system of distribution of drugs for public consumption.


                                       "I am here at CWC to see the direction taken by NAFDAC and PCN to improve quality distribution system to safeguard the system from substandard counterfeit drugs and other illicit substances that are raking huge amount of havoc in our population"


                                   " As we unlock the Health care value chain in Nigeria we need to have a streamlined system for getting products form the manufacturers to the market and to the general public"


He called on drug dealers to comply with the guidelines and provision of regulatory laws.


On his part, the Kano State Commissioner for Health, Dr Abubakar Labaran, said the state would assist smaller drug dealers to acquire shops at the CWC.


                     "To acquire shop at the CWC is one of the concern they raised during our meeting with them. We will make sure we free our market from drugs" Labaran said


Radio Nigeria recalled that the National Agency For Food and Drug Administration and Control(NAFDAC) in collaboration with the Pharmacist Council of Nigeria(PCN)  sealed off the 1,321 medicine stores for operating illegally in Kano.

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