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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FG DECLARES WEDNESDAY 1ST MAY, 2024 PUBLIC HOLIDAY TO MARK WORKERS' DAY CELEBRATION. (PHOTO). #PRESS RELEASE.

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 30th April, 2024


PRESS STATEMENT


FG DECLARES WEDNESDAY 1ST MAY, 2024 PUBLIC HOLIDAY TO MARK WORKERS' DAY CELEBRATION


The Federal Government has declared Wednesday, 1st May, 2024 as a Public Holiday to commemorate this year's Workers' Day Celebration.


The Minister of Interior, Dr. Olubunmi Tunji-Ojo, who made the declaration on behalf of the Federal Government, re-iterated the need for excellence, efficiency and equity in all spheres of labour, re-affirming the President Bola Ahmed Tinubu's administration's commitment to fostering a culture of innovation, productivity, and inclusivity in the workplace.


Dr. Tunji-Ojo said: "In alignment with this year's theme, which focuses on ensuring safety and health at work in a changing climate, I wish to state that the Federal Government remains steadfast in its resolve to prioritise the safety and well-being of all citizens. Let me reaffirm Mr. President's commitment to providing a conducive environment for work, where every worker can thrive and contribute meaningfully to national development".


While acknowledging the contribution of workers, he called for proactive measures to mitigate adverse effects of climate change through synergy in in the implementation of sustainable practices and policies that promote well-being in the workplace and in building a nation guided by the principles of integrity, diligence and compassion.


The Minister also urged Nigerians to remain committed to the present administration's Renewed Hope Agenda as he wishes workers a happy celebration.


Signed:


Dr. Aishetu Gogo Ndayako Permanent Secretary

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