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

ABDULSALAMI, KUKAH: RESPONSIVE GOVERNANCE KEY TO ADDRESSING DISCONTENT.(PHOTO).


 Abdulsalami, Kukah: responsive governance key to addressing discontent


• National Peace Committee to hold stakeholders’ meeting today in Abuja


The Chairman and the Convener of National Peace Committee (NPC), General Abdulsalami Abubakar and Bishop Matthew Hassan Kukah, have said a national stakeholders’ meeting will hold today in Abuja to discuss how to tackle the multifaceted challenges facing the country.

In a statement yesterday, the committee’s leaders said last year’s general election was marked by a renewed sense of optimism and desire for change among Nigerians.

They said the optimism was demonstrated in the number of people who registered for the elections – 93,469,008 million, compared to just 57,938,945 million registered voters in 1999.

“Nigerians believed that the 2023 elections would usher in an administration that would swiftly address the nation’s lingering socio-economic challenges.

“The preparations for the elections heightened the hopes for positive socio-economic and political change. However, the outcome of the keenly contested presidential elections amplified the regional and ethnic cleavages that have underpinned our journey of nationhood,” the statement read.

It added that the well-intentioned policy of the government to improve the lives and well-being of Nigerians is yet to meet the expectations of the citizens while the economic strain is being felt by all and sundry.

“This dire situation has fuelled frustration and discontent, culminating in the recent nationwide protests on hunger.

“The demands made during the protests reflect the deep-seated challenges facing the country and the urgent need for responsive and effective governance.

“In response to this and in line with its mandate to mediate and intervene in electoral and non-electoral matters that impact on the peace and stability of Nigeria, the NPC has decided to convene a one-day town hall meeting with critical stakeholders to discuss frankly and explore the pathways to support the government in addressing and overcoming the current socio-political and economic situation facing the country,” the statement said.

The committee said the meeting will hold today at the Nigeria Air Force (NAF) Conference Centre in Abuja.

It said: “This meeting will provide a platform for constructive dialogue and collaboration, where the concerns and aspirations of the people can be discussed, and the outcomes are presented to the government.

“It is a crucial step towards bridging the gap between the government and its citizens, ensuring that their voices are heard, and their legitimate concerns addressed.”

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