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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THIRD MAINLAND BRIDGE SETTO FULLY REOPEN ON APRIL 4.(PHOTO).

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 Third Mainland Bridge set to fully reopen on April 4


The Lagos State Government has announced the imminent reopening of the Third Mainland Bridge on April 4, 2024, following extensive repair works.


The announcement was made by the Commissioner for Transportation, Oluwaseun Osiyemi, via his official social media account on Saturday.


In a statement addressing Lagos residents, Osiyemi expressed gratitude for their patience and cooperation throughout the repair period. He conveyed the government’s commitment to ensuring smoother travels ahead for commuters.


The statement read, “Dear Lagos residents, We’re pleased to share that the Third Mainland Bridge will resume full operations on April 4, 2024, following extensive repairs. We sincerely thank you for your patience and cooperation, and we look forward to even smoother travels ahead.”


The decision to partially close the Third Mainland Bridge for repairs was initially announced by the Lagos State Government on January 5, 2024. Subsequently, repair works commenced on January 9, leading to temporary inconveniences for commuters.


With the upcoming full reopening of the bridge, commuters can anticipate improved traffic flow and enhanced transportation efficiency across Lagos. The government’s commitment to infrastructure maintenance and development underscores its dedication to ensuring the safety and convenience of residents and visitors alike.


As the Third Mainland Bridge resumes full operation, stakeholders are encouraged to continue supporting efforts aimed at enhancing the overall transportation network in Lagos State.


This milestone marks a significant step forward in the ongoing efforts to optimize infrastructure and facilitate sustainable urban development in Nigeria’s commercial capital.

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