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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EDUCATION MINISTER REVERSES 18-YEAR AGE LIMIT FOR ADMISSION.(PHOTO).

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  Education minister reverses 18-year age limit for admission


The new Minister of Education, Dr. Tunji Alausa, has abolished the 18-year admission benchmark for tertiary institutions in the country.


He also hinted at the possibility of reviewing the nation’s education policy.


However, the minister stated that there would be no reversal of the Federal Government’s decision to void over 22,700 degree certificates obtained by Nigerians from some “fake” universities in neighbouring Togo and the Benin Republic.


Alausa spoke on Wednesday at his inaugural ministerial press conference, which is ongoing in Abuja.


He stated that practical education will help to address the unemployment situation in Nigeria, as tertiary institutions will not continue to churn out graduates every year without providing jobs for them.


He mentioned that the federal government will collaborate with private sector operators to train students and unleash their potential.


Alausa added that universities of agriculture will be empowered to adopt commercial farming practices to combat food insecurity.

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