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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CONVERT YOUR DOLLAR TO NAIRA NOW, RENO OMOKRI ADVISES. (PHOTO).

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 Convert your dollar to naira now, Reno Omokri advises


Social commentator Reno Omokri has warned dollar holders to convert the currency back to the naira.

He argued that the naira is bound to increase in value even more when the Dangote Refinery kickstarts operation and Nigeria stops importing fuel.

Omokri said this in a post on his official X page.

He wrote, “If you bet against the Naira because of the evil ₦2000 to $1 prophecy, just face it that you have lost the money you intended to make by economically exploiting Nigeria. 

“But if you wait until Dangote Refinery starts selling every petroleum product needed in Nigeria, including Premium Motor Spirit, Diesel and Aviation Jet A1 fuel, you will lose even more. Once Nigeria stops importing fuel, the Naira will rise even more dramatically.

“Count your losses. Convert your Dollar to Naira now or prepare to holler by May 2024, when Dangote Refinery will flood the market with inexpensive petroleum products. #GrowNairaBuyNaija”

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