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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TOURISM MINISTRY SET TO ENGAGE STAKEHOLDERS ON EMERGING TRENDS. (PHOTO). #PRESS RELEASE.

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 TOURISM MINISTRY SET TO ENGAGE STAKEHOLDERS ON EMERGING TRENDS 



Lagos State Ministry of Tourism, Arts and Culture has concluded plans to hold an engagement session with tourism stakeholders in the Hospitality Sector on current industry challenges, emerging trends, policy frameworks, and collaborative opportunities within the entire hospitality value chain. 


According to a statement issued by the Commissioner for Tourism Arts and Culture, Mrs. Toke Benson-Awoyinka on Monday, the engagement is slated for Thursday, 30th May 2024 at the prestigious Eko Hotels and Suites, Victoria Island.


The initiative, targeted at bringing together key players in the hospitality sector including representatives from Hotels, Lounges, Restaurants, Bars, Beaches, Resorts, Event Centres and Night Clubs for tourism development, underscores the commitment of the Ministry to foster collaboration and drive sustainable growth within the sector.


Speaking further on the proposed stakeholders engagement, the Commissioner said, "This engagement presents a valuable opportunity for us to listen, learn, and collaborate with our esteemed stakeholders. Together, we can harness the immense potential of our hospitality sector, drive innovation, and create impactful strategies that promote tourism growth while preserving our cultural heritage.


"The event will feature interactive sessions, panel discussions, and networking opportunities designed to facilitate meaningful exchanges and partnerships". 


"Stakeholders are expected to participate actively and contribute their insights towards shaping a vibrant and resilient tourism ecosystem", Benson-Awoyinka stated.


For media inquiries and further information, interested stakeholders are advised to contact the Director of Public Affairs in the Ministry on


08035641488 or

oseriki@lasg.gov.ng


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