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

PRES. TINUBU MADE TWO APPOINTMENTS TIDAU FOR NATIONAL HAJJ COMMISSION AND NIGER DELTA POWER HOLDING COMPANY. (PHOTO). #PRESS RELEASE

 


STATE HOUSE PRESS RELEASE


PRESIDENT TINUBU APPOINTS NEW MANAGEMENT TEAM FOR THE NIGER DELTA POWER HOLDING COMPANY


President Bola Tinubu has approved the appointment of a new management team for the Niger Delta Power Holding Company (NDPHC).


The new members of the management of the company are as follows:


(1) Engineer Jennifer Adighije -- Managing Director/Chief Executive Officer


(2) Engineer Abdullahi Kassim -- Executive Director (Generation)


(3) Engineer Bello Babayo Bello -- Executive Director (Networks)


(4) Mr. Emmmanuel Umeoji -- Executive Director (Corporate Services)


(5) Mr. Omololu Agoro -- Executive Director (Finance & Accounts)


(6) Engineer Omoregie Ogbeide-Ihama -- Executive Director (Strategy & Commercial) 


(7) Barrister Steven Andzenge -- Executive Director (Legal Services)


The new NDPHC Chief Executive Officer, Ms. Jennifer Adighije, is an experienced engineer with vast competencies across management functions in the private and public sectors. 


She holds a master's degree in Wireless Networks & Telecommunications from Queen Mary University of London, UK, and a bachelor’s degree in Electrical/Electronics Engineering from the University of Lagos, Nigeria.


The President expects the new members of the management of the company to deploy their expertise and experience to drive NDPHC's mandate of effectively managing the National Integrated Power Projects (NIPP). 


Chief Ajuri Ngelale


Special Adviser to the President


(Media & Publicity)


August 19, 2024.

THE SECOND PRESS RELEASE:

STATE HOUSE PRESS RELEASE


PRESIDENT TINUBU APPOINTS CHAIRMAN OF NATIONAL HAJJ COMMISSION 


President Bola Tinubu has approved the appointment of Professor Abdullahi Saleh Usman as the Executive Chairman of the National Hajj Commission of Nigeria (NAHCON).


Professor Usman is a renowned scholar with qualifications from two Islamic centres of excellence -- the University of Madinah and Peshawar University, Pakistan.


He is also well-grounded in Hajj operations, having served as the Chairman of Kano State Pilgrims Board, and successfully superintended the operations of the largest quota of state pilgrims in the country.


The appointment is subject to confirmation by the Senate.


The President expects the new Chairman of NAHCON to discharge his duties with integrity, transparency, and utmost fidelity to the nation.


Chief Ajuri Ngelale


Special Adviser to the President


(Media & Publicity)


August 19, 2024

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