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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LASG SUBJECTS BADAGRY MASTER PLAN (2022-2042) TO PUBLIC INSPECTION. (PHOTO). #PRESS RELEASE

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 Lagos State Government will subject the Draft Report on the Review of Badagry Master Plan(2022-2024) to public scrutiny from Wednesday 19th June to Friday 26th July 2024.


The Permanent Secretary, Office of Physical Planning, Engr. Oluwole Sotire disclosed this in a statement issued at the weekend.


He said that the 28-day public inspection of the Draft Plan across various centres, mainly within the Badagry division of Lagos State, would allow stakeholders to review its proposals and make relevant comments to further enrich the Plan.


The Permanent Secretary stated that subjecting the draft report to public scrutiny was part of the acclaimed process of preparing an inclusive Plan, which is also in tandem with the State’s culture of Citizen’s participation in the preparation of Physical Development Plans.


The inspection venues, which are 13 in all, include the Local Government/Local Council Development Area Secretariat within the Badagry division of the State, local planning offices within the division, Ministry of Physical Planning and Urban Development, Secretariat, Alausa and the headquarters of the Lagos State Physical Planning Permit Authority (LASPPPA) at GRA, Ikeja. 


“It is worthy of note that to ramp up public participation in the plan preparation process, the 28-day public inspection of the Draft Report on the Review of Badagry Master Plan(2022-2042) will be followed by a final Stakeholders Meeting at 9 am on Thursday 8th August 2024 at LASU Main Auditorium, Ojo”, he added.


According to Sotire, the aim of the Master Plan, which is going through a review upon its expiration after being operative for 20 years, is to harness the special characteristics and environmental sustainability of the plan area to engender sustainable future growth and socio-economic development of Lagos State as the preferred investment destination in sub-Saharan Africa.

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