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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OGUN EXCO APPROVES ABULE EGBA-ABEOKUTA EXPRESSWAY, OGIJO ROAD, FIVE OTHER MAJOR PROJECTS FOR EXECUTION. (PHOTO). #PRESS RELEASE.

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 Ogun Exco Approves Abule Egba-Abeokuta Expressway, Ogijo Road, Five Other Major Projects For Execution 

...to carry out palliative work at Iyana Ilogbo bus stop


The @OGSG_Official Executive Council, presided over by Governor @DapoAbiodunCON, has approved seven major priority projects for execution.


The projects, according to the Special Adviser to the governor on Media, Hon, Kayode Akinmade, are the re-construction of six roads, including the Abule Egba-Ota/Sango-Abeokuta Expressway and purchase for some equipment at the Gateway Agro-Cargo International Airport.


The Council approved the reconstruction of the 5.5km Ode Remo Junction to Sapade (phase 3), the rehabilitation of Ayepe Junction to Mayflower in Ikenne Local Government and the reconstruction of Adesan Street, off Mowe-Ofada road in Obafemi Owode Local Government.


Other approvals include, the structural adjustment for the 19.2km Atan-Lusada-Agbara road in Ado Odo/Ota Local Government and the construction of Hospital Road, Ogijo, in Sagamu Local Government.

These, according to Hon. Akinmade will ensure the provision of additional infrastructure in the course of constructing the road.


The purchase of some machinery and equipment at Gateway International Agro-Cargo Airport at Ilishan Remo, he said, will allow 24 hours flight operations and facilitate quick take off of the international acclaimed Airport.


Meanwhile, approval has been given for palliative work to be carried out at Iyana Ilogbo bus stop along the Abule Egba-Ota/Sango-Abeokuta Expressway ( ongoing now) following recent rainfall that led to flooding in the area.

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