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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REPRESENTATIVE CALL FOR SUBSIDY IN HAJJ FARES. (PHOTO).

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 Representatives Call For Subsidy In Hajj Fares


House of Representatives has resolved to call on the Federal Government to provide subsidy in the Hajj fare to enable thousands of intending pilgrims from Nigeria perform the 2024 religious ritual in Saudi Arabia.


This was one of the resolutions adopted by the lawmakers in a motion sponsored by a member from Kaduna State, Alhaji Umar Shehu Ajilo during plenary session.


Alhaji Umar Shehu Ajilo, who was worried over the high cost of this year's Hajj fare amounting to five million naira said it is unsuitable and will discourage many middle and low-income intending pilgrims who have the intention of participating during the annual exercise.


He explained that considering prevailing economic reality, it has become necessary for the house  to ensure downward review the processes and procedures adopted by the National Hajj Commission to arrive at an affordable amount to the intending pilgrims.


The lawmaker also noted that Hajj as an important pillar of Islamic religion that attracts visitation to the Holy Mosques in Makkah and Madinah and other historical sites in the Kingdom of Saudi Arabia deserved all kind of sacrifices from the government for more blessings to the country.


Mover of the motion however, stressed the need for interface between the house, National Hajj Commission, airline operators, Saudi Arabian government and other relevant stakeholders in the exercise to ensure they exhausted the seats during the 2024 exercise.


He appealed to Nigerians especially those who have the intention of performing the 2024 Hajj exercise not to be discouraged as the 10th house was making effort to ensure that Nigerian government listen to their plea.


Adopting the motion, the house has mandated its Committee on Muslim Pilgrimage to engage the National Hajj Commission to reassess the processes by making this year's Hajj fare more 

affordable.

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