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

ALAKE COMMISSIONS MINING MARSHALS TO COMBAT ILLEGAL MINING. (PHOTO). #PRESS RELEASE.

-


 PRESS RELEASE


ALAKE COMMISSIONS MINING MARSHALS TO COMBAT ILLEGAL MINING


The Minister for Solid Minerals Development Dr Dele Alake has assured the nation that the formation and deployment of  a special security outifit called Mining Marshals will combat illegal mining activities in all forms across the 36 states including Abuja.


Speaking at the historic moment of the formal presentation of the Mining Marshals Corps at the Ministry's Headquarters Abuja, Thursday  21  March 2024; Dr Alake stated that the Mining Marshals corps who are drawn from the Nigeria Security and Civil Defence Corps NSCDC; will work with the Ministry's Federal Mines Officers in the states to combat illegal mining in all forms.


Elaborating on the  modus operandi of the special security outfit; the Minister emphatically stated:  '' The 37 commands of this structure will exist in every state plus the Federal Capital Territory, Abuja; which will serve as Mineral Forces. The overall policy command of this operation is domiciled in the Ministry of Solid Minerals Development. ''


To this end, Dr Alake assured that the Mines Inspectorate Officers of the Ministry across the states will assist in gathering information that will enable the Commands operate effectively and efficiently in curbing the menace of illegal mining. 


While expressing his appreciation to the Minister of Interior Dr Olubunmi Tunji-Ojo  for the collaboration and support, the Minister assured the Mining Marshals of the full back- ups of the Ministry of Solid Minerals Development in the execution of their duties.


''Recall that that the President set up an Inter-Ministerial Committee on the Protection of Natural Resources- Mines, Forests and coastal shores of the country were critical components of their mandate.


'' One of the outcomes of our strategy is what we are witnessing today- the presentation of the Mining Marshals''; the Minister added.


Speaking on behalf of Minister of Interior Dr Olubunmi Tunji-Ojo, the Commandant- General of the Nigeria Security And Civil Defence Corps NSCDC; Dr. Ahmad Abubakar Audi mni;  he affirned that the NSCDC has a specialized mandate to protect critical national infrastructure, including mining sites. The Commandant - General said the creation of the Mining Marshals Corps , a new unit within the Civil Defence structure, underscored government's proactive approach to combating illegal mining activities and preserving revenue streams.


Delivering the vote of thanks, the representative of the Permanent Secretary, Kabir Mohammed Suleman mni, Director  Human Resource Management Department; expressed gratitude to the Minister for his leadership and pledge full support from the Ministry's staff in achieving the objectives set forth. He affirmed that the presentation of the Mining Marshals signified a crucial milestone in Nigeria's efforts to strengthen security and maximize revenue from the mineral sector. 


Chinwe Ekwugha

Assistant Director 

For: Head Press & PR


Photo: The Honourable Minister Dr Dele Alake being assisted by the Commander  of the contingent to inspect the Guard of Honour mounted by the contingent of Mining Marshals at the premises of the Ministry.

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