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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UAE HASN'T LIFTED VISA RESTRICTION ON NIGERIANS, ONANUGA CLARIFIES. (PHOTO)

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UAE hasn’t lifted visa restriction on Nigerians, Onanuga clarifies
  
The presidency said the United Arab Emirates (UAE) has not lifted the visa restriction on Nigerians.

Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu, made this known on Tuesday.

In a statement via his X account, Onanuga clarified the document announcing the restriction has been lifted was not authorised by the Nigerian and UAE governments.

“UAE has not resumed visa issuance to Nigerians. The document in circulation is not authorized either by the Nigerian government or the UAE,” Onanuga said.

Onanuga’s statement followed a document he shared earlier on X, which said UAE has lifted the ban on visa applications from Nigerians two years after a diplomatic row.

UAE and Nigeria have been engaging in a diplomatic row over issues involving flight allocations and travel bans since 2021.

On December 13, 2021, UAE issued a travel restriction on passengers from Nigeria and the Democratic Republic of Congo, citing a surge in the countries’ COVID-19 cases from passengers of the two African nations.

However, TheCable reported the travel ban might not be unconnected with the diplomatic row between Nigeria and UAE, over Air Peace’s flight frequency to the Arab country.

Air Peace had requested a slot of three weekly flights from Nigeria to Sharjah Airport in UAE, but only one was granted by the country’s General Civil Aviation Authority (GCAA).

GCAA said Air Peace should not expect to retain its flight frequency after pulling out of Sharjah Airport — the Nigerian airline, however, denied the claim.

In retaliation to Air Peace’s treatment in UAE, the federal government dropped Emirate’s slots from 21 to one — leading to the Dubai-based airline suspending all its flights to Nigeria.

Meanwhile, on September 11, 2023, the federal government said UAE had lifted its visa ban on Nigerian travellers, however, on September 15, last year, an official of the Arab country said the restriction was still in place.

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