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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OGUN BEGINS SALES OF SUBSIDIZED RICE TO PENSIONERS. (PHOTO). #PRESS RELEASE.

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 Ogun Begins Sales Of Subsidized Rice To Pensioners 


Ogun State Governor, Prince Dapo Abiodun has extended the sales of subsidized rice to pensioners in the state.


This was made known by the Head of Service (HoS), Mr. Kehinde Onasanya Onasanya, while monitoring the sales of discounted rice to members of the Local Government Pensioners Association of Nigeria (LOGPAN), at its secretariat in Ita Oshin, Abeokuta, on Monday.


He said that since the economic situation in the country cuts across all ages, the government decided to extend the sales of the rice at discounted rates to the local government pensioners. 


While urging the pensioners to take advantage of the gesture, Onasanya said the Governor Dapo Abiodun-led administration is pensioners’ friendly and seriously concerned about their welfare.


He said that bringing the rice to the doorsteps of the pensioners was to eliminate any hardship they may likely face in purchasing the commodity. 


He urged them to take advantage of the exercise and buy according to their levels while in service.


State Chairman of LOGPAN, Pastor Benedict Ademoye described the gesture of Governor Abiodun as unprecedented, adding that it would go a long way to alleviate the hardship of the pensioners at this period of high cost of food items.


Another beneficiary, Mrs. Bernice Lawal, who is the Chairman of Retired Primary School Teachers in the state, said this was the first time such a gesture would be extended to her members since she retired from active service in 2009.


She gave her heartfelt appreciation to the government and Governor Abiodun for his efforts to make life bearable for them, even in retirement.


All the retirees at the sales point pledged their loyalty and support to the government and prayed for the success of the administration.

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