INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

-
Image
  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
Post a Comment

SEUN KUTI CRITICIZES TINUBU'S FUEL SUBSIDY REMOVAL, CALLS IT A 'WICKED DECISION'. (PHOTO).

-


 Seun Kuti Criticizes Tinubu’s Fuel Subsidy Removal, Calls It A ‘Wicked Decision

Afrobeat artist, Seun Anikulapo-Kuti has criticized President Bola Tinubu’s decision to remove the fuel subsidy, accusing him of prioritizing personal interests over the welfare of Nigerians.


Kuti argued that, despite Tinubu’s claims that eliminating the subsidy was a “tough decision” made for the greater good of the country, it was actually a “wicked decision” that exacerbates the suffering of ordinary Nigerians.


The musician also expressed outrage over the government’s purchase of a $150 million jet for the President, pointing out that the money could have been used to address critical issues in the underfunded education sector.


Kuti suggested that the funds spent on the jet could have built and maintained 10 primary schools for 20 years.


During an Instagram Live session, Kuti questioned, “Who donated for the $150 million jet for Tinubu? Who did they ask for donations?


“That $150 million do you know how many schools it will build? Or how long it will run a primary school? 10 good primary schools would be run on that money for at least 20 years. 10 good primary schools would be built and run, that will educate ten generations of African people.”


He went on to criticize the President for claiming the fuel subsidy removal was beyond his control, stating that as both the President and Minister of Petroleum, Tinubu holds the responsibility.


Kuti emphasized that there was nothing “tough” about the decision, calling it a deliberate act that harms Nigerians.


“The President cannot tell us that this petrol matter is not in his control. He is the President and Minister of Petroleum. They say they take tough decisions but there is no tough decision taken here. President Tinubu took a wicked decision, this whole subsidy and floating the dollar, there is nothing tough about,” Kuti added.

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).

-
Image
  SSANU, NASU threaten strike over withheld salaries The Joint Action Committee of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Educational and Associated Institutions have threatened to disrupt industrial peace in universities should the government fail to release the withheld salaries of members. The salaries were seized by the administration of former President Muhammadu Buhari during their strike in 2022. The unions, in a joint letter signed on Friday by the President of SSANU, Muhammed Ibrahim and General Secretary of NASU, Peters Adeyemi, questioned the rationale with which the government released four months withheld salaries to members of the Academic Staff Union of Universities but failed to release the withheld salaries of non-academic staff. The unions noted that they would no longer be able to assure the government of industrial peace in universities should the amounts owed by the government are not released. Earlier, the unions
Read more