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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RIVER BENUE WATER LEVELS RECEDING- NIHSA CONFIRMS. (PHOTO).

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 River Benue water levels receding – NIHSA confirms


The Nigeria Hydrological Services Agency (NIHSA) has announced a slight decrease in River Benue’s water levels in recent days, lowering the risk of severe flooding.

NIHSA’s Director-General, Mr Umar Mohammed, disclosed this in a statement issued on Saturday in Abuja.

Mohammed reaffirmed the agency’s commitment to monitoring the water levels of the nation’s major rivers and tributaries, as part of its overall flood management strategy in Nigeria.

He urged citizens to remain vigilant due to unpredictable climate conditions and to continue observing flood preparedness protocols.

“NIHSA is working closely with the authorities and management of Lagdo Dam regarding water releases, and the agency is committed to monitoring water levels at critical stations,” he said.

Recall that NIHSA’s 2024 Annual Flood Outlook revealed that 148 Local Government Areas across 31 states are at high risk of flooding.

The affected states include Adamawa, Akwa-Ibom, Anambra, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Imo, Jigawa, Kaduna, Kano, Katsina and Kebbi.

Others are Kogi, Kwara, Lagos, Nasarawa, Niger, Ogun, Ondo, Osun, Oyo, Plateau, Rivers, Sokoto, Taraba and Yobe.

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