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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LASPEMA HARPS ON ROLE OF INFORMAL SPACE PLANNING IN LAGOS. (PHOTOS). #PRESS RELEASE.

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 LASPEMA HARPS ON ROLE OF INFORMAL SPACE PLANNING IN LAGOS 



General Manager. Lagos State Planning, Environmental Monitoring Authority (LASPEMA), TPL. Daisi Oso has stated that 

professional planning of land, both formal and informal, should precede utilisation and physical developments; otherwise, planning infractions will automatically lead to chaotic misuse and environmental challenges, hence the essence of proper planning in a megacity like Lagos State.


He stated this recently at the Lagos State Physical Planning Summit, themed, 'Rethinking Lagos: A New Vision For A Regional And Integrated Megacity' held in Victoria Island.


The summit was the much-required opportunity for Oso to intimate professionals, stakeholders and participants about the crucial role the Agency plays in the evolving vision for an integrated Lagos.


Oso said, "In achieving the new vision for an integrated megacity, we play an essential part in designating, coordinating and regulating the informal urban and open spaces for efficient usage, our initiatives are geared towards effective usage of the informal spaces through the installation of bollards to demarcate the walkways and commercial areas, promoting safe spaces to ensure inclusivity, resilience, reduction in traffic congestion, efficient and improved security".


"We are presently undergoing reforms to become the Lagos State Informal Space Management Authority (LASISMA), having derived our mandate from the Lagos State Regional and Development Law of 2015 as amended to rewrite the urban face of Lagos, restore orderliness, improve the overall aesthetics of the State".


It is noteworthy that over the past two decades, successive administrations in Lagos State have addressed Physical Planning challenges with series of strategic policy interventions and the preparations of master plans and model city plans in line with the United Nations sustainable development goals but in implementing the 'Making Lagos a 21st Century Economy' pillar of the Themes Plus Agenda, the orderly planning and proper use of informal urban spaces is pivotal to an aesthetically-pleasing and Livable Lagos.

One more photo below. 


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