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Former Prime Minister Raila Odinga defends public-private partnerships during a press briefing, describing them as essential for tackling Kenya’s pressing economic challenges and ensuring successful infrastructure projects. This comes amid growing skepticism among Kenyans regarding the involvement of Indian conglomerate Adani Group in key projects, particularly following protests against...

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Cyprian, Is Nyakundi

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83,431 Aufrufe • vor 1 Jahr •via X (Twitter)

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10 Kommentare

Profilbild von joseph kimonyi
joseph kimonyivor 1 Jahr

Raila is the ultimate sanitizer of all Kenyan scandals. He is the weakest link, especially after getting his share of the loot. He is the same who sanitised; Uhuru after accusing him of misappropriating Eurobond, Waiguru and NYS scandal, Matiangi and police brutality, Ruto and ADANI!

Profilbild von Anwar Saddat
Anwar Saddatvor 1 Jahr

A sellout he is.

Profilbild von MIKALO
MIKALOvor 1 Jahr

He is also just a thug, he is irrelevant now

Profilbild von MureaCollins🇰🇪
MureaCollins🇰🇪vor 1 Jahr

Whoever voted for William Ruto and those who voted for Raila Odinga both voted something similar. The two are one and the same thing Political CONMEN Watu wa @glwajackoyah na @Dmwaurewaihiga are only the ones who can afford to lecture the rest of us . Kumbafu Zetu wajinga sisi. #StopAdaniDeal

Profilbild von Africanah
Africanahvor 1 Jahr

Na huyu mtu tulikua tuna mfuata aje? Kumbafu zangu, mjinga mimi

Profilbild von 𝑱𝒆𝒔𝒔𝒊𝒆🥲💋
𝑱𝒆𝒔𝒔𝒊𝒆🥲💋vor 1 Jahr

Just that little moment he joined Ruto, he's inherited the lying character from him?😸😂The hot air promises in every corner.

Profilbild von Nairobi alumni
Nairobi alumnivor 1 Jahr

Huyu ashakulia hiyo deal 🤝

Profilbild von Mkuru🍉
Mkuru🍉vor 1 Jahr

This man ata aseme nini hatuwezi msiza he already betrayed us all

Profilbild von Ike Ojuku
Ike Ojukuvor 1 Jahr

He has received his 10% of the deal. Raila Odinga cannot defend fraud for free.

Profilbild von TECH_SAVVY ☝️
TECH_SAVVY ☝️vor 1 Jahr

A conman don’t hide his conmanship.

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ODM leader Raila Odinga now demands full implementation of the National Dialogue Committee (NADCO) report as a condition for continued cooperation with President William Ruto’s Kenya Kwanza government. Speaking at a public consultation forum with ODM delegates in Malindi, Kilifi County, Odinga outlined key issues his party wants addressed, including the high cost of living, abductions, devolution challenges and unresolved matters linked to the Social Health Authority (SHA). He also renewed calls for compensation to families of those killed or injured during the 2023 Azimio protests and the 2024 anti-Finance Bill demonstrations.

Cyprian, Is Nyakundi

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#WATCH | At the Annual General Meeting 2026, Adani Group Chairman Gautam Adani says, "At Adani Energy Solutions, our transmission order book rose to Rs 72,000 crore. We secured several major projects, including the Khavda–South Olpad HVDC line, reinforcing our position as India's only private sector player with a proven HVDC capability. At Adani Power, we are implementing India's largest ever private sector power capex program of over Rs 2 lakh crore with a target of reaching 45 gigawatt of capacity over the next five years. We are also honoured to be partnering with the government of Bhutan's Druk Green Power Corporation. As a part of this partnership, the Adani Group and the DGPC will jointly develop 5,000 megawatts of hydro projects in Bhutan." He also says, "Our entry into nuclear energy through Adani Atomic Energy is another confident step towards securing India's long-term energy future. With land identified and a 10-gigawatt targeted capacity by 2035, we are positioning ourselves early to solve the growing national demand for clean round-the-clock power. At Adani Total Gas, we accelerated and crossed the significant milestone of over 1.1 million piped natural gas home connections. Given the current geopolitical situation, we are further ramping up our PNG projects to meet India's rising demand for more accessible gas. Coming to connectivity and logistics, Adani ports handle over 500 million tonnes of cargo in financial year 2025-26, setting an unmatched benchmark for the nation and creating a clear pathway to 1 billion tonnes by 2030..." (Video Source: Adani Group)
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#WATCH | At the Annual General Meeting 2026, Adani Group Chairman Gautam Adani says, "At Adani Energy Solutions, our transmission order book rose to Rs 72,000 crore. We secured several major projects, including the Khavda–South Olpad HVDC line, reinforcing our position as India's only private sector player with a proven HVDC capability. At Adani Power, we are implementing India's largest ever private sector power capex program of over Rs 2 lakh crore with a target of reaching 45 gigawatt of capacity over the next five years. We are also honoured to be partnering with the government of Bhutan's Druk Green Power Corporation. As a part of this partnership, the Adani Group and the DGPC will jointly develop 5,000 megawatts of hydro projects in Bhutan." He also says, "Our entry into nuclear energy through Adani Atomic Energy is another confident step towards securing India's long-term energy future. With land identified and a 10-gigawatt targeted capacity by 2035, we are positioning ourselves early to solve the growing national demand for clean round-the-clock power. At Adani Total Gas, we accelerated and crossed the significant milestone of over 1.1 million piped natural gas home connections. Given the current geopolitical situation, we are further ramping up our PNG projects to meet India's rising demand for more accessible gas. Coming to connectivity and logistics, Adani ports handle over 500 million tonnes of cargo in financial year 2025-26, setting an unmatched benchmark for the nation and creating a clear pathway to 1 billion tonnes by 2030..." (Video Source: Adani Group)

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41,649 Aufrufe • vor 1 Monat

President Tinubu has submitted a request to the Senate for authorization to borrow 21.5 billion dollars, EUR 2.1 billion and 15 billion yen. It also seeks a grant of 65 million euros. President said in a letter: “In the light of the removal of the fuel subsidy and its impact on the national economy, approval is called for the borrowing plan, which amounts to USD 21,543,647,912, and EUR 2,193,856,324.54. And in Japanese Yen, 15 billion Yen and grant of 65 million, respectively. “This initiative aims to generate employment, promote skill acquisition, foster entrepreneurship, reduce poverty, and enhance food security, as well as to improve the livelihoods of Nigerian. Majority of these projects and programs will be implemented across all 36 states and the Federal Capital Territory. “In light of the significant infrastructure deficit in the country and the power of financial resources needed to address this gap amid declining domestic demand, it has become essential to pursue prudent economic borrowing to close the financial shortfall. “These funds will primarily be directed towards critical infrastructural projects, including railways, healthcare among others. Given the market nature of these needs and the importance of stabilizing the economy, it is crucial to seek the consideration and approval of the House of Representatives for the 2025-2026 External Borrowing Plan. “This will enable the government to fulfill its obligations to the Nigerian people through timely disbursement and effective project implementation.”
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President Tinubu has submitted a request to the Senate for authorization to borrow 21.5 billion dollars, EUR 2.1 billion and 15 billion yen. It also seeks a grant of 65 million euros. President said in a letter: “In the light of the removal of the fuel subsidy and its impact on the national economy, approval is called for the borrowing plan, which amounts to USD 21,543,647,912, and EUR 2,193,856,324.54. And in Japanese Yen, 15 billion Yen and grant of 65 million, respectively. “This initiative aims to generate employment, promote skill acquisition, foster entrepreneurship, reduce poverty, and enhance food security, as well as to improve the livelihoods of Nigerian. Majority of these projects and programs will be implemented across all 36 states and the Federal Capital Territory. “In light of the significant infrastructure deficit in the country and the power of financial resources needed to address this gap amid declining domestic demand, it has become essential to pursue prudent economic borrowing to close the financial shortfall. “These funds will primarily be directed towards critical infrastructural projects, including railways, healthcare among others. Given the market nature of these needs and the importance of stabilizing the economy, it is crucial to seek the consideration and approval of the House of Representatives for the 2025-2026 External Borrowing Plan. “This will enable the government to fulfill its obligations to the Nigerian people through timely disbursement and effective project implementation.”

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An important discussion with representatives of the international business community. We discussed strengthening Ukraine’s energy resilience and preparations for the next winter. On March 1, all our local authorities will present an energy development plan for the next winter. It is important to do as much as possible in preparation over the half year we have before the start of the next heating season. The role of the private sector in this is key, and we count on joint projects. Among the key issues were also broader opportunities for investment in Ukraine and the involvement of private business in reconstruction, including investments in the defense industry. Thank you to the representatives for supporting Ukraine throughout these years of full-scale Russian aggression. Even during the war, after such a winter, our country lives. We are open to partnership, to joint projects, to investments that will support our people and our security. Thank you to everyone who invests in Ukraine’s resilience.
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The Raila who some Gen Z today say he doesn't speak for them don't know where this country has come from, on this day the orders were clear by Kenyatta 2, KILL RAILA ODINGA but we managed to hold the grip from JKIA to Nairobi CBD amid bullets and stones from Kenyatta 2 police, 5 bodies were picked in CBD by the ambulances following the convoy. ✅ Raila has enriched the jurisprudence of this country by the numerous court cases at the supreme court, advocates made a living as others careers brightened through legal battles as Kenyans watched. ✅Raila is the father of multiparty democracy together with his colleagues who stood against the late Moi hence today you wake up and register a political party and earn millions through nominations and political party funds. ✅ Raila has been the engine behind electoral reforms and today at KIC Kenya witnessed another milestone a process germinated from NADCO report with numerous reforms at IEBC which will have far reaching benefits. Gen Z #HeshimuBaba even if you have your own opinion pass it through with respect and dignity. The Raila Odinga Amolo Foundation William Samoei Ruto, PhD
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The Raila who some Gen Z today say he doesn't speak for them don't know where this country has come from, on this day the orders were clear by Kenyatta 2, KILL RAILA ODINGA but we managed to hold the grip from JKIA to Nairobi CBD amid bullets and stones from Kenyatta 2 police, 5 bodies were picked in CBD by the ambulances following the convoy. ✅ Raila has enriched the jurisprudence of this country by the numerous court cases at the supreme court, advocates made a living as others careers brightened through legal battles as Kenyans watched. ✅Raila is the father of multiparty democracy together with his colleagues who stood against the late Moi hence today you wake up and register a political party and earn millions through nominations and political party funds. ✅ Raila has been the engine behind electoral reforms and today at KIC Kenya witnessed another milestone a process germinated from NADCO report with numerous reforms at IEBC which will have far reaching benefits. Gen Z #HeshimuBaba even if you have your own opinion pass it through with respect and dignity. The Raila Odinga Amolo Foundation William Samoei Ruto, PhD

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Kiambu Governor Kimani Wamatangi at EACC headquarters (Integrity Center, Nairobi) for questioning in connection with ongoing investigations into allegations of embezzlement of public funds. His appearance comes just hours after detectives raided his home and office on Tuesday morning. The investigation revolves around suspected mismanagement of county resources and conflict of interest. The raid also extended to nine other senior county officials, whose premises were searched as part of the probe into the alleged corruption. This is the second time Kiambu has found itself at the center of corruption allegations, following the conviction of former Governor Ferdinand Waititu. Waititu, who was sentenced to 12 years in prison for embezzling Ksh588 million in February 2025, has cast a long shadow over the county’s leadership. The arrest of Governor Wamatangi comes just two months after Kiambu Senator Karungo Wa Thang’wa called for a thorough investigation into the county’s payment system. The senator claimed that Wamatangi had switched from an automated payment system to a manual one, which he alleged had been used as a cover for ghost workers and the misappropriation of Ksh 390 million. EACC is expected to issue a formal statement on the investigation’s progress and provide further details on the circumstances surrounding the governor’s arrest.

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Netanyahu Announces Israel's Largest Gas Deal Ever with Egypt!! In an official statement, Israeli Prime Minister Benjamin Netanyahu announced on Wednesday evening, December 17, 2025, the approval of a natural gas export deal to Egypt worth 112 billion shekels (approximately $35 billion USD, or about 1.6 trillion Egyptian pounds based on current exchange rates), describing it as "the largest gas deal in Israel's history." No official comment has been issued by Egypt—from the Ministry of Petroleum or the government—regarding this announcement as of now. Key quotes from Netanyahu (according to the official statement): "Today I approved the largest gas deal in Israel's history, worth 112 billion shekels." "Of this amount, 58 billion shekels will go to the state treasury through taxes and royalties." "This deal strengthens Israel's position as a regional energy power and ensures priority for the local market with good prices for citizens." "On the fourth night of Hanukkah, we have added another jar of oil for the people of Israel—but this time, the flame will burn for decades to come." For his part, Energy Minister Eli Cohen described it as "a historic moment both security-wise and economically, with 58 billion shekels in revenues for the state and investments exceeding 16 billion shekels." He added: "This is the first export deal that includes mechanisms to improve gas prices domestically." The deal involves U.S. company Chevron and Israeli partners, focusing primarily on supplying gas from the Leviathan field. Despite the discovery of the giant "Zohr" field in 2015, Egypt's natural gas production has declined significantly due to technical and economic issues in older fields, causing domestic demand (especially for electricity generation and industry) to exceed supply. This has led to energy shortages, frequent power outages, and Egypt becoming a net gas importer since 2024. Egypt's reliance on Israel specifically stems from: The geographical proximity of Israeli fields (Leviathan and Tamar), with direct pipelines that are much cheaper than imported LNG. Israeli gas being significantly cheaper (roughly half the price), helping preserve hard currency. The possibility of re-exporting part of the gas as LNG through Egypt's facilities.
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Netanyahu Announces Israel's Largest Gas Deal Ever with Egypt!! In an official statement, Israeli Prime Minister Benjamin Netanyahu announced on Wednesday evening, December 17, 2025, the approval of a natural gas export deal to Egypt worth 112 billion shekels (approximately $35 billion USD, or about 1.6 trillion Egyptian pounds based on current exchange rates), describing it as "the largest gas deal in Israel's history." No official comment has been issued by Egypt—from the Ministry of Petroleum or the government—regarding this announcement as of now. Key quotes from Netanyahu (according to the official statement): "Today I approved the largest gas deal in Israel's history, worth 112 billion shekels." "Of this amount, 58 billion shekels will go to the state treasury through taxes and royalties." "This deal strengthens Israel's position as a regional energy power and ensures priority for the local market with good prices for citizens." "On the fourth night of Hanukkah, we have added another jar of oil for the people of Israel—but this time, the flame will burn for decades to come." For his part, Energy Minister Eli Cohen described it as "a historic moment both security-wise and economically, with 58 billion shekels in revenues for the state and investments exceeding 16 billion shekels." He added: "This is the first export deal that includes mechanisms to improve gas prices domestically." The deal involves U.S. company Chevron and Israeli partners, focusing primarily on supplying gas from the Leviathan field. Despite the discovery of the giant "Zohr" field in 2015, Egypt's natural gas production has declined significantly due to technical and economic issues in older fields, causing domestic demand (especially for electricity generation and industry) to exceed supply. This has led to energy shortages, frequent power outages, and Egypt becoming a net gas importer since 2024. Egypt's reliance on Israel specifically stems from: The geographical proximity of Israeli fields (Leviathan and Tamar), with direct pipelines that are much cheaper than imported LNG. Israeli gas being significantly cheaper (roughly half the price), helping preserve hard currency. The possibility of re-exporting part of the gas as LNG through Egypt's facilities.

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#WATCH | Delhi: On the Adani case in the USA, Raian Karanjawala, Managing Partner of Karanjawala & Company, says, "For the Adanis, it's very significant. Because what had happened was that on November 24, the Department of Justice had filed a criminal indictment against them. Simultaneously, the SEC (Securities and Exchange Commission) had also filed a parallel civil proceeding against them. Now, from what we are given to understand, two things are going to happen. The civil proceedings filed by the SEC are going to be settled by way of a fine, they say, approximately $18 million. So once that is done, and once that is paid, it will have to go to the US federal court in New York, and they will also have to accept the settlement, and once that is done, this part will become final. Parallel to that was the original indictment, the criminal indictment by the DOJ. The DOJ is also likely to drop the criminal case. Once that happens, what it basically means is that as far as America is concerned, Gautam Adani has no case pending against him. He has a clean slate. He's free to do business as usual and also free to travel all across the world, which, to some extent, he had curtailed. So obviously, for the Adani group, it means a lot. It's a huge financial impetus. The chairman is able to go where he wants. The confidence in the group comes back..."
4:47

#WATCH | Delhi: On the Adani case in the USA, Raian Karanjawala, Managing Partner of Karanjawala & Company, says, "For the Adanis, it's very significant. Because what had happened was that on November 24, the Department of Justice had filed a criminal indictment against them. Simultaneously, the SEC (Securities and Exchange Commission) had also filed a parallel civil proceeding against them. Now, from what we are given to understand, two things are going to happen. The civil proceedings filed by the SEC are going to be settled by way of a fine, they say, approximately $18 million. So once that is done, and once that is paid, it will have to go to the US federal court in New York, and they will also have to accept the settlement, and once that is done, this part will become final. Parallel to that was the original indictment, the criminal indictment by the DOJ. The DOJ is also likely to drop the criminal case. Once that happens, what it basically means is that as far as America is concerned, Gautam Adani has no case pending against him. He has a clean slate. He's free to do business as usual and also free to travel all across the world, which, to some extent, he had curtailed. So obviously, for the Adani group, it means a lot. It's a huge financial impetus. The chairman is able to go where he wants. The confidence in the group comes back..."

ANI

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Saudi Arabia Announces USD 3 Billion Additional Support, Extends USD 5 Billion Deposit: Finance Minister Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has informed that the Kingdom of Saudi Arabia has committed USD 3 billion in additional deposits, with disbursement expected in the coming week. He further stated that the existing USD 5 billion Saudi deposit would no longer remain subject to the earlier annual rollover arrangement and would instead be extended for a longer period. The Finance Minister made the annoucement while talking to members of the media in Washington, D.C., on the sidelines of the World Bank–IMF Spring Meetings 2026, and shared important details regarding Saudi financial support for Pakistan and the government’s external financing strategy. Senator Aurangzeb said this support comes at a critical time for Pakistan’s external financing needs and would help reinforce foreign exchange reserves and strengthen the country’s external account. He reiterated the government’s commitment to maintaining reserves in line with its obligations to markets and under the IMF-supported programme, including the objective of achieving around USD 18 billion in reserves, equivalent to approximately 3.3 months of import cover, by the end of the fiscal year. The Finance Minister noted that Pakistan had successfully repaid its USD 1.4 billion Eurobond last week, describing it as a “non-event,” and reaffirmed that the government remained fully committed to meeting all upcoming external obligations and maturities on time. He emphasized that Pakistan’s external financing plan is clearly defined and being implemented in a responsible and disciplined manner. Referring to his engagements in Washington, Senator Aurangzeb said that he, along with the Governor, State Bank of Pakistan and Pakistan’s Ambassador to the United States, had held a detailed meeting with Saudi Finance Minister H.E. Mohammed bin Abdullah Al-Jadaan. He recalled that he had also met the Saudi Finance Minister in Islamabad the previous Friday, but noted that the government had deliberately refrained from commenting publicly in the absence of formal communication, despite media reports and speculation, as such matters required clarity and joint understanding before being shared. The Finance Minister expressed profound gratitude to the leadership of the Kingdom of Saudi Arabia, particularly His Royal Highness Crown Prince Mohammed bin Salman, Saudi Finance Minister H.E. Mohammed bin Abdullah Al-Jadaan, and the Saudi Vice Finance Minister, for their continued support and close cooperation. He particularly appreciated the efforts made to bring the support package to fruition. Senator Aurangzeb also acknowledged the role of Pakistan’s political and economic leadership in securing and operationalizing the support. He thanked the Prime Minister of Pakistan, the Field Marshal, the Deputy Prime Minister, the Governor, State Bank of Pakistan, the Finance Secretary Mr. Imdad Ullah Bosal, and their respective teams for their contributions and coordination. The Finance Minister stated that, at this juncture, sentiment and confidence were critically important. He said Pakistan was receiving unprecedented appreciation from international financial institutions, the IMF, the World Bank, institutional investors, and counterparts he was meeting in Washington. He noted that the international community was particularly recognizing Pakistan’s recent diplomatic and facilitative role in helping enable dialogue between parties that had not held face-to-face discussions for decades. He said this international appreciation, coupled with Saudi Arabia’s timely financial support, provided Pakistan with important momentum and confidence going forward, both for the economy and for the external account, including its commercial dimensions. Senator Aurangzeb further noted that Pakistan was advancing its broader external financing agenda, including the recently announced Global Medium-Term Note (GMTN) programme and the planned inaugural Panda Bond issuance, as part of efforts to diversify funding sources and strengthen market access. The Finance Minister concluded by reaffirming the government’s commitment to macroeconomic stability, fulfillment of external obligations, reform continuity, and sustained engagement with bilateral and multilateral partners. He said a more detailed interaction with the media would take place at the conclusion of the visit.
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Saudi Arabia Announces USD 3 Billion Additional Support, Extends USD 5 Billion Deposit: Finance Minister Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has informed that the Kingdom of Saudi Arabia has committed USD 3 billion in additional deposits, with disbursement expected in the coming week. He further stated that the existing USD 5 billion Saudi deposit would no longer remain subject to the earlier annual rollover arrangement and would instead be extended for a longer period. The Finance Minister made the annoucement while talking to members of the media in Washington, D.C., on the sidelines of the World Bank–IMF Spring Meetings 2026, and shared important details regarding Saudi financial support for Pakistan and the government’s external financing strategy. Senator Aurangzeb said this support comes at a critical time for Pakistan’s external financing needs and would help reinforce foreign exchange reserves and strengthen the country’s external account. He reiterated the government’s commitment to maintaining reserves in line with its obligations to markets and under the IMF-supported programme, including the objective of achieving around USD 18 billion in reserves, equivalent to approximately 3.3 months of import cover, by the end of the fiscal year. The Finance Minister noted that Pakistan had successfully repaid its USD 1.4 billion Eurobond last week, describing it as a “non-event,” and reaffirmed that the government remained fully committed to meeting all upcoming external obligations and maturities on time. He emphasized that Pakistan’s external financing plan is clearly defined and being implemented in a responsible and disciplined manner. Referring to his engagements in Washington, Senator Aurangzeb said that he, along with the Governor, State Bank of Pakistan and Pakistan’s Ambassador to the United States, had held a detailed meeting with Saudi Finance Minister H.E. Mohammed bin Abdullah Al-Jadaan. He recalled that he had also met the Saudi Finance Minister in Islamabad the previous Friday, but noted that the government had deliberately refrained from commenting publicly in the absence of formal communication, despite media reports and speculation, as such matters required clarity and joint understanding before being shared. The Finance Minister expressed profound gratitude to the leadership of the Kingdom of Saudi Arabia, particularly His Royal Highness Crown Prince Mohammed bin Salman, Saudi Finance Minister H.E. Mohammed bin Abdullah Al-Jadaan, and the Saudi Vice Finance Minister, for their continued support and close cooperation. He particularly appreciated the efforts made to bring the support package to fruition. Senator Aurangzeb also acknowledged the role of Pakistan’s political and economic leadership in securing and operationalizing the support. He thanked the Prime Minister of Pakistan, the Field Marshal, the Deputy Prime Minister, the Governor, State Bank of Pakistan, the Finance Secretary Mr. Imdad Ullah Bosal, and their respective teams for their contributions and coordination. The Finance Minister stated that, at this juncture, sentiment and confidence were critically important. He said Pakistan was receiving unprecedented appreciation from international financial institutions, the IMF, the World Bank, institutional investors, and counterparts he was meeting in Washington. He noted that the international community was particularly recognizing Pakistan’s recent diplomatic and facilitative role in helping enable dialogue between parties that had not held face-to-face discussions for decades. He said this international appreciation, coupled with Saudi Arabia’s timely financial support, provided Pakistan with important momentum and confidence going forward, both for the economy and for the external account, including its commercial dimensions. Senator Aurangzeb further noted that Pakistan was advancing its broader external financing agenda, including the recently announced Global Medium-Term Note (GMTN) programme and the planned inaugural Panda Bond issuance, as part of efforts to diversify funding sources and strengthen market access. The Finance Minister concluded by reaffirming the government’s commitment to macroeconomic stability, fulfillment of external obligations, reform continuity, and sustained engagement with bilateral and multilateral partners. He said a more detailed interaction with the media would take place at the conclusion of the visit.

Ministry of Finance, Government of Pakistan

215,805 Aufrufe • vor 3 Monaten

EXCLUSIVE: Rachel Reeves has proposed increasing defence spending by less than £10 billion over the next four years despite stark warnings that Britain’s “national security and safety is in peril” The chancellor has outlined plans with the prime minister for a “limited” increase amid concern about the impact of the Iran war on the public finances The armed forces have warned that they are facing a funding gap of around £28 billion over the next four years on their existing plans However a government source said that Reeves has proposed an increase in funding of less than £10 billion during her discussions with Sir Keir Starmer, fearing a bigger increase would be unaffordable The Iran war has pushed up the cost of government borrowing and households face higher energy bills, petrol costs and prices in shops The chancellor is drawing up plans for a targeted energy bill bailout for low-income households this winter and is also expected to shelve plans to begin increasing fuel duty by 5p a litre from September at a cost of about £2.6 billion. Both measures will add to pressure on the public finances The State of It political podcast from The Times and The Sunday Times has been told that Reeves is unwilling to break her fiscal rules or increase taxes to boost defence spending John Healey, the defence secretary, is pressing for a bigger increase as there are concerns that £10 billion will not be enough, given the increasing likelihood that British forces will be deployed to Ukraine and the Middle East
0:36

EXCLUSIVE: Rachel Reeves has proposed increasing defence spending by less than £10 billion over the next four years despite stark warnings that Britain’s “national security and safety is in peril” The chancellor has outlined plans with the prime minister for a “limited” increase amid concern about the impact of the Iran war on the public finances The armed forces have warned that they are facing a funding gap of around £28 billion over the next four years on their existing plans However a government source said that Reeves has proposed an increase in funding of less than £10 billion during her discussions with Sir Keir Starmer, fearing a bigger increase would be unaffordable The Iran war has pushed up the cost of government borrowing and households face higher energy bills, petrol costs and prices in shops The chancellor is drawing up plans for a targeted energy bill bailout for low-income households this winter and is also expected to shelve plans to begin increasing fuel duty by 5p a litre from September at a cost of about £2.6 billion. Both measures will add to pressure on the public finances The State of It political podcast from The Times and The Sunday Times has been told that Reeves is unwilling to break her fiscal rules or increase taxes to boost defence spending John Healey, the defence secretary, is pressing for a bigger increase as there are concerns that £10 billion will not be enough, given the increasing likelihood that British forces will be deployed to Ukraine and the Middle East

Steven Swinford

42,545 Aufrufe • vor 3 Monaten

Mung’aro Proxy Companies Minting Millions from Contractors At least three companies that have secured garbage collection tenders in Kilifi are directly linked to Governor Gideon Mung’aro. It has been established that one of the companies is run by a contractor named Francis Ngala alongside a businessman. Details have emerged of how a contractor named Abubakar Joho, commonly referred to as Abu or Alpha, was shortchanged by Ngala in the awarding of a garbage collection tender. Ngala teamed up with the governor to edge out Joho, who had initially threatened to escalate the matter to the Ethics and Anti-Corruption Commission. In a retrieved audio recording, Ngala laments that he also lost the tender. This is in relation to tender number KCG/WEFNR/1246119/2023/2024 for Mtwapa town garbage collection and disposal. The tender was awarded to Kaereny Construction and Engineering Supplies Ltd, a company that has consistently secured lucrative garbage collection tenders despite a poor track record. The company has primarily been handling garbage collection in Mtwapa, with registration details showing it is owned by Final Kadzo Kithi, wife to businessman Francis Ngala, who is a close ally and PA to Governor Gideon Mung’aro. When relations between Ngala and Joho soured, the governor convened a ceasefire meeting, where Joho was ultimately sidelined despite submitting a strong bid. Private investigations have revealed that Ngala’s company does not meet the required standards for garbage collection but managed to secure the deal through bribery, from NEMA offices to the county level. The county is already on the radar of anti-graft agencies over irregularities and suspected misuse of taxpayers’ money. An insider has hinted that if investigations are carried out successfully, Ngala could be implicated in multi-million-shilling fake tender deals facilitated by the governor. The insider has also called on the EACC and DCI headquarters to transfer officers stationed in Kilifi, alleging they have been compromised to produce favourable reports on the county’s affairs. “We know that our boss is looting through his proxy companies, and the culprits are Ngala and other associates who have managed to compromise the EACC and DCI officers,” the source revealed. Last year, the county was put on the spot for deleting a garbage collection tender advert from its website in a suspected attempt to block investigations into the contract, where available information indicated that the ultimate contractor was single-sourced. This comes amid mounting pressure on the governor over Sh300 million in garbage collection tenders that have been questioned by oversight authorities. This was in relation to tender number KCG/WEFNR/1246119/2023/2024 for the provision of garbage collection and disposal in Mtwapa town and its environs. The county had indicated that the tendering would be conducted under the open, nationally accepted competitive method. The tendering process, especially in garbage collection, has been highly contentious in Kilifi, with the governor under pressure to contain the criticism and scrutiny surrounding it. Also in question was tender No. CGK/MM/OT/027/2023/2024 for the provision of garbage collection and disposal services for Malindi Town and its environs. Garbage collection has become a cash cow in Kilifi, placing senior officers and suppliers at odds. At one point, a county official, Winnie Luwali Wakati, refused to take instructions from Ali Noor regarding inflated supply contracts, which led to her transfer. Ali Noor, who controls several companies handling various contracts in Kilifi—including food supply and non-pharmaceuticals—has declared his intention to run for the Mandera East MP seat. He has allegedly vowed to channel Sh1 billion through inflated contracts to Governor Mung’aro’s 2027 gubernatorial campaign. Through his cartel network, Noor orchestrated Winnie’s removal from the finance department and replaced her with Yahya Shoshi. He also pressured Governor Mung’aro to appoint Idris Haji as the director of finance in a well-calculated scheme to siphon county funds. The conflict between Ali Noor, Mung’aro’s PA, and Francis Ngala, the governor’s confidant, began when Noor requested a subcontract on garbage collection, which Ngala refused. Investigations have revealed that Ngala has an outstanding loan with NCBA, which he used to purchase five trucks, repaying it in installments. At one point, Noor reportedly warned Ngala that he would not receive any payment in Kilifi “unless his late grandmother resurrects.” He was also quoted saying, “I am the shadow governor. If you don’t believe me, call your purported governor and ask about me.”
1:46

Mung’aro Proxy Companies Minting Millions from Contractors At least three companies that have secured garbage collection tenders in Kilifi are directly linked to Governor Gideon Mung’aro. It has been established that one of the companies is run by a contractor named Francis Ngala alongside a businessman. Details have emerged of how a contractor named Abubakar Joho, commonly referred to as Abu or Alpha, was shortchanged by Ngala in the awarding of a garbage collection tender. Ngala teamed up with the governor to edge out Joho, who had initially threatened to escalate the matter to the Ethics and Anti-Corruption Commission. In a retrieved audio recording, Ngala laments that he also lost the tender. This is in relation to tender number KCG/WEFNR/1246119/2023/2024 for Mtwapa town garbage collection and disposal. The tender was awarded to Kaereny Construction and Engineering Supplies Ltd, a company that has consistently secured lucrative garbage collection tenders despite a poor track record. The company has primarily been handling garbage collection in Mtwapa, with registration details showing it is owned by Final Kadzo Kithi, wife to businessman Francis Ngala, who is a close ally and PA to Governor Gideon Mung’aro. When relations between Ngala and Joho soured, the governor convened a ceasefire meeting, where Joho was ultimately sidelined despite submitting a strong bid. Private investigations have revealed that Ngala’s company does not meet the required standards for garbage collection but managed to secure the deal through bribery, from NEMA offices to the county level. The county is already on the radar of anti-graft agencies over irregularities and suspected misuse of taxpayers’ money. An insider has hinted that if investigations are carried out successfully, Ngala could be implicated in multi-million-shilling fake tender deals facilitated by the governor. The insider has also called on the EACC and DCI headquarters to transfer officers stationed in Kilifi, alleging they have been compromised to produce favourable reports on the county’s affairs. “We know that our boss is looting through his proxy companies, and the culprits are Ngala and other associates who have managed to compromise the EACC and DCI officers,” the source revealed. Last year, the county was put on the spot for deleting a garbage collection tender advert from its website in a suspected attempt to block investigations into the contract, where available information indicated that the ultimate contractor was single-sourced. This comes amid mounting pressure on the governor over Sh300 million in garbage collection tenders that have been questioned by oversight authorities. This was in relation to tender number KCG/WEFNR/1246119/2023/2024 for the provision of garbage collection and disposal in Mtwapa town and its environs. The county had indicated that the tendering would be conducted under the open, nationally accepted competitive method. The tendering process, especially in garbage collection, has been highly contentious in Kilifi, with the governor under pressure to contain the criticism and scrutiny surrounding it. Also in question was tender No. CGK/MM/OT/027/2023/2024 for the provision of garbage collection and disposal services for Malindi Town and its environs. Garbage collection has become a cash cow in Kilifi, placing senior officers and suppliers at odds. At one point, a county official, Winnie Luwali Wakati, refused to take instructions from Ali Noor regarding inflated supply contracts, which led to her transfer. Ali Noor, who controls several companies handling various contracts in Kilifi—including food supply and non-pharmaceuticals—has declared his intention to run for the Mandera East MP seat. He has allegedly vowed to channel Sh1 billion through inflated contracts to Governor Mung’aro’s 2027 gubernatorial campaign. Through his cartel network, Noor orchestrated Winnie’s removal from the finance department and replaced her with Yahya Shoshi. He also pressured Governor Mung’aro to appoint Idris Haji as the director of finance in a well-calculated scheme to siphon county funds. The conflict between Ali Noor, Mung’aro’s PA, and Francis Ngala, the governor’s confidant, began when Noor requested a subcontract on garbage collection, which Ngala refused. Investigations have revealed that Ngala has an outstanding loan with NCBA, which he used to purchase five trucks, repaying it in installments. At one point, Noor reportedly warned Ngala that he would not receive any payment in Kilifi “unless his late grandmother resurrects.” He was also quoted saying, “I am the shadow governor. If you don’t believe me, call your purported governor and ask about me.”

Cyprian, Is Nyakundi

23,545 Aufrufe • vor 1 Jahr

#AdaniEmbraer Adani-Embraer Landmark Aviation Partnership Adani Defence & Aerospace and Brazilian aerospace giant Embraer signed a historic Memorandum of Understanding (MoU) at the Ministry of Civil Aviation. This partnership aims to establish India's first private-sector Final Assembly Line (FAL) for regional transport aircraft, specifically targeting the 70–146 seat segment. The collaboration is designed to build a "world-class aviation ecosystem" rather than just a standalone manufacturing plant. The focus areas include: •Final Assembly Line (FAL): Setting up a facility to assemble Embraer’s regional jets (E-Jets family) on Indian soil. •Indigenization: A phased increase in local manufacturing of parts and components. •Value-Chain Integration: Leveraging Adani’s existing footprint in airport infrastructure, MRO (Maintenance, Repair, and Overhaul) services, and pilot training. •Supply Chain Development: Establishing a robust domestic network of suppliers to support global aerospace programs. Jeet Adani, Director (Adani Defence & Aerospace / Adani Airport Holdings) Jeet Adani characterized the agreement as a "vision taking flight," emphasizing its alignment with the national mission of Atmanirbhar Bharat. "It represents India's determination to build world-class aviation capabilities on our own soil. This project will redefine the future of aviation in our country." Arjan Meijer, President & CEO (Embraer Commercial Aviation) Meijer highlighted India as a "pivotal market," projecting a demand for at least 500 aircraft in the regional jet category over the next 20 years. He noted that the partnership combines Embraer's engineering excellence with Adani’s industrial scale. •Regional Connectivity (UDAN): The partnership directly supports the government's UDAN scheme by providing cost-effective aircraft suited for Tier-2 and Tier-3 cities. •Bilateral Ties: The deal strengthens strategic relations between India and Brazil, fostering technological and industrial cooperation. •Employment: The project is expected to generate high-skilled employment and move India up the global aerospace value chain. •Market Positioning: Currently, approximately 50 Embraer aircraft (commercial, defense, and business) operate in India. This move positions Embraer to compete more effectively with the duopoly of Airbus and Boeing by offering locally assembled alternatives. •Location: While not yet finalized, Jeet Adani confirmed that a couple of sites are under evaluation, with a final decision expected within the next two months. •First Rollout: Government officials suggested that the first aircraft could potentially roll out of the Indian facility within the next five years. •Investment: Specific financial figures remain confidential, but the scale is described as a multi-billion dollar commitment to India's aerospace infrastructure. Source Highlights: •MoU signed in the presence of Civil Aviation Minister K Rammohan Naidu and Defence Secretary Rajesh Kumar Singh. •Aligns with the 'Make in India' initiative to reduce import dependence.
1:32

#AdaniEmbraer Adani-Embraer Landmark Aviation Partnership Adani Defence & Aerospace and Brazilian aerospace giant Embraer signed a historic Memorandum of Understanding (MoU) at the Ministry of Civil Aviation. This partnership aims to establish India's first private-sector Final Assembly Line (FAL) for regional transport aircraft, specifically targeting the 70–146 seat segment. The collaboration is designed to build a "world-class aviation ecosystem" rather than just a standalone manufacturing plant. The focus areas include: •Final Assembly Line (FAL): Setting up a facility to assemble Embraer’s regional jets (E-Jets family) on Indian soil. •Indigenization: A phased increase in local manufacturing of parts and components. •Value-Chain Integration: Leveraging Adani’s existing footprint in airport infrastructure, MRO (Maintenance, Repair, and Overhaul) services, and pilot training. •Supply Chain Development: Establishing a robust domestic network of suppliers to support global aerospace programs. Jeet Adani, Director (Adani Defence & Aerospace / Adani Airport Holdings) Jeet Adani characterized the agreement as a "vision taking flight," emphasizing its alignment with the national mission of Atmanirbhar Bharat. "It represents India's determination to build world-class aviation capabilities on our own soil. This project will redefine the future of aviation in our country." Arjan Meijer, President & CEO (Embraer Commercial Aviation) Meijer highlighted India as a "pivotal market," projecting a demand for at least 500 aircraft in the regional jet category over the next 20 years. He noted that the partnership combines Embraer's engineering excellence with Adani’s industrial scale. •Regional Connectivity (UDAN): The partnership directly supports the government's UDAN scheme by providing cost-effective aircraft suited for Tier-2 and Tier-3 cities. •Bilateral Ties: The deal strengthens strategic relations between India and Brazil, fostering technological and industrial cooperation. •Employment: The project is expected to generate high-skilled employment and move India up the global aerospace value chain. •Market Positioning: Currently, approximately 50 Embraer aircraft (commercial, defense, and business) operate in India. This move positions Embraer to compete more effectively with the duopoly of Airbus and Boeing by offering locally assembled alternatives. •Location: While not yet finalized, Jeet Adani confirmed that a couple of sites are under evaluation, with a final decision expected within the next two months. •First Rollout: Government officials suggested that the first aircraft could potentially roll out of the Indian facility within the next five years. •Investment: Specific financial figures remain confidential, but the scale is described as a multi-billion dollar commitment to India's aerospace infrastructure. Source Highlights: •MoU signed in the presence of Civil Aviation Minister K Rammohan Naidu and Defence Secretary Rajesh Kumar Singh. •Aligns with the 'Make in India' initiative to reduce import dependence.

Sheetal Chopra 🇮🇳

173,233 Aufrufe • vor 6 Monaten

If you still support Peter Obi, then in my view you should take a hard look at the facts. Obi repeatedly claims he doesn’t engage in transactional politics, yet he negotiated his way to a presidential ticket. Somehow, that political capital never extended to his closest allies. Not Aisha Yesufu. Not Gbadebo Rhodes‑Vivor. Not a single major figure in his circle secured a meaningful political structure through him. And that leads to the real question: Where are the politicians Peter Obi has mentored in the last decade? Name one. There is no visible political lineage, no pipeline of leaders he has cultivated, no evidence of institutional development around him. Contrast that with President Bola Ahmed Tinubu (Bola Ahmed Tinubu) whose political mentorship record is extensive and well‑documented. Whether one agrees with his politics or not, the outcomes are undeniable. Under his influence, the following individuals rose to national prominence: 1. Prof. Yemi Osinbajo — Former Vice President of Nigeria; previously Tinubu’s Attorney General and Commissioner for Justice. 2. Babajide Sanwo‑Olu — Current Governor of Lagos State. 3. Babatunde Raji Fashola — Former Governor of Lagos State, and former Minister; previously Tinubu’s Chief of Staff. 4. Akinwunmi Ambode — Former Governor of Lagos State; previously Auditor General for Local Governments under Tinubu. 5. Obafemi Hamzat — Current Deputy Governor of Lagos State; served as a commissioner during Tinubu’s administration. APC Gubernatorial Candidate n 2027. 6. Seyi Tinubu — A rising youth‑influence figure within business and political networks. And beyond Lagos, Tinubu’s political influence extends to figures like: 1. Gboyega Oyetola – Former Governor of Osun State and current Minister of Marine and Blue Economy. 2. Dele Alake – Minister of Solid Minerals Development. 3. Lai Mohammed — Former Minister of Information; originally Tinubu’s Chief of Staff. 4. Kayode Fayemi, former Ekiti State Governor and former Minister. 5. Rauf Aregbesola, former Osun State Governor and former Minister. 6. Michael Opeyemi Bamidele — Current Majority Leader of the Senate. So again, the question stands: Where is Peter Obi’s equivalent list? Where are the leaders he has built, empowered, or positioned? Where is the political structure that outlives him? If the answer to this post is silence or abuse, then the comparison speaks for itself. PS: Hear what the current Vice President, Senator Kashim Shettima has to say about President Bola Ahmed Tinubu.
0:44

If you still support Peter Obi, then in my view you should take a hard look at the facts. Obi repeatedly claims he doesn’t engage in transactional politics, yet he negotiated his way to a presidential ticket. Somehow, that political capital never extended to his closest allies. Not Aisha Yesufu. Not Gbadebo Rhodes‑Vivor. Not a single major figure in his circle secured a meaningful political structure through him. And that leads to the real question: Where are the politicians Peter Obi has mentored in the last decade? Name one. There is no visible political lineage, no pipeline of leaders he has cultivated, no evidence of institutional development around him. Contrast that with President Bola Ahmed Tinubu (Bola Ahmed Tinubu) whose political mentorship record is extensive and well‑documented. Whether one agrees with his politics or not, the outcomes are undeniable. Under his influence, the following individuals rose to national prominence: 1. Prof. Yemi Osinbajo — Former Vice President of Nigeria; previously Tinubu’s Attorney General and Commissioner for Justice. 2. Babajide Sanwo‑Olu — Current Governor of Lagos State. 3. Babatunde Raji Fashola — Former Governor of Lagos State, and former Minister; previously Tinubu’s Chief of Staff. 4. Akinwunmi Ambode — Former Governor of Lagos State; previously Auditor General for Local Governments under Tinubu. 5. Obafemi Hamzat — Current Deputy Governor of Lagos State; served as a commissioner during Tinubu’s administration. APC Gubernatorial Candidate n 2027. 6. Seyi Tinubu — A rising youth‑influence figure within business and political networks. And beyond Lagos, Tinubu’s political influence extends to figures like: 1. Gboyega Oyetola – Former Governor of Osun State and current Minister of Marine and Blue Economy. 2. Dele Alake – Minister of Solid Minerals Development. 3. Lai Mohammed — Former Minister of Information; originally Tinubu’s Chief of Staff. 4. Kayode Fayemi, former Ekiti State Governor and former Minister. 5. Rauf Aregbesola, former Osun State Governor and former Minister. 6. Michael Opeyemi Bamidele — Current Majority Leader of the Senate. So again, the question stands: Where is Peter Obi’s equivalent list? Where are the leaders he has built, empowered, or positioned? Where is the political structure that outlives him? If the answer to this post is silence or abuse, then the comparison speaks for itself. PS: Hear what the current Vice President, Senator Kashim Shettima has to say about President Bola Ahmed Tinubu.

Dr Dípò Awójídé

78,391 Aufrufe • vor 1 Monat

EXPOSED: Canadian Federal Corruption in the Historic P3 Regina Bypass Project in Saskatchewan High-level corruption within the Public-Private Partnership (P3) project of the Regina Bypass Project. The project, costing taxpayers $2 billion, is now under scrutiny for potentially being the largest documented case of corruption in Canadian P3 history. Bob Rai, a Canadian aggregate supplier, armed with leaked documents, secret recordings, and other evidence, alleges that the Saskatchewan government and federal officials were involved in corrupt practices in the Regina Bypass project. Evidence suggests that the Saskatchewan government silently provided aggregate for free, only for VINCI-RBDB to sell it back to the government at retail prices, summing up to a staggering half a billion dollars. A significant focus of the investigation into the Regina Bypass scandal is the alleged involvement of Amarjeet Sohi, Justin Trudeau's former infrastructure minister with a background of terrorism-related charges in India. Accusations center around Sohi's purported facilitation of Whiterock Ventures Inc. (WRV), a trucking company linked to his brother and election donors. "He came to the trucking company from Ottawa. He did not list his travel and expense it to the federal government," Rai claims, suggesting that Sohi's visits were deliberately kept off the official records. "The reason that he came is because he is personally involved in the loot of taxpayers' money." Further intensifying the allegations, Rai points out potential nepotism and favoritism in the project. "We have somebody that is completely uneducated, can barely speak broken English, overseeing a multibillion-dollar project. So when Amarjeet Sohi became the infrastructure minister, his head was full of dollar signs, all he wanted to do was make projects compromised by using his authority and his power as the Infrastructure Minister of Canada." Another layer of complexity involves the executive committee member for Vinci-RBDB, Gordon Pasini, a Canadian whose name appeared in the Panama Papers. The investigation into the Regina Bypass project has uncovered several alarming contractual anomalies, each raising significant concerns about the project's transparency and execution. For more Media Bezirgan
32:02

EXPOSED: Canadian Federal Corruption in the Historic P3 Regina Bypass Project in Saskatchewan High-level corruption within the Public-Private Partnership (P3) project of the Regina Bypass Project. The project, costing taxpayers $2 billion, is now under scrutiny for potentially being the largest documented case of corruption in Canadian P3 history. Bob Rai, a Canadian aggregate supplier, armed with leaked documents, secret recordings, and other evidence, alleges that the Saskatchewan government and federal officials were involved in corrupt practices in the Regina Bypass project. Evidence suggests that the Saskatchewan government silently provided aggregate for free, only for VINCI-RBDB to sell it back to the government at retail prices, summing up to a staggering half a billion dollars. A significant focus of the investigation into the Regina Bypass scandal is the alleged involvement of Amarjeet Sohi, Justin Trudeau's former infrastructure minister with a background of terrorism-related charges in India. Accusations center around Sohi's purported facilitation of Whiterock Ventures Inc. (WRV), a trucking company linked to his brother and election donors. "He came to the trucking company from Ottawa. He did not list his travel and expense it to the federal government," Rai claims, suggesting that Sohi's visits were deliberately kept off the official records. "The reason that he came is because he is personally involved in the loot of taxpayers' money." Further intensifying the allegations, Rai points out potential nepotism and favoritism in the project. "We have somebody that is completely uneducated, can barely speak broken English, overseeing a multibillion-dollar project. So when Amarjeet Sohi became the infrastructure minister, his head was full of dollar signs, all he wanted to do was make projects compromised by using his authority and his power as the Infrastructure Minister of Canada." Another layer of complexity involves the executive committee member for Vinci-RBDB, Gordon Pasini, a Canadian whose name appeared in the Panama Papers. The investigation into the Regina Bypass project has uncovered several alarming contractual anomalies, each raising significant concerns about the project's transparency and execution. For more Media Bezirgan

Mocha Bezirgan 🇨🇦

825,194 Aufrufe • vor 2 Jahren

#WATCH | Shivpuri, Madhya Pradesh: Adani Airport Holdings Limited (AAHL) Director Jeet Adani says, "...Today is a very special day for all of us. We are launching South Asia’s largest private-sector missile ecosystem. This facility will manufacture everything from raw materials for national defence to fully assembled, mission-ready missiles, all at a single location, and outside of government-owned establishments. We are deeply honoured to bring this sovereign capability to MP. Madhya Pradesh has now emerged as one of the country's most powerful growth stories... We take great pride in being part of this journey with the Adani Group." He adds, "At the Global Investors Summit held in Bhopal last year, our Chairman, Gautam Adani, committed to an investment of Rs 1,10,000 crore in MP that will span sectors such as pumped hydro storage, cement, mining, smart meters, and thermal energy, creating approximately 1,20,000 jobs by 2030... We have already invested over Rs 4,000 crore in the Amethi and Kaimore plants in the Katni district. Today, Adani Power is supplying 1,200 MW of power to the state, and we are developing an additional capacity of 5,600 MW. We have also initiated wind energy projects in Lahori, Dhar, Ratlam, and Ujjain, and the foundation stone for a cement plant in Ujjain will be laid soon. Just a few weeks ago, we performed the groundbreaking ceremony for the Guna cement unit, an investment exceeding Rs 1,000 crore, marking the largest investment in Guna's history. This investment is not merely in plants and factories; it is an investment in the people of Madhya Pradesh and their future. This progress aligns with PM Modi's vision of an 'Atmanirbhar Bharat' (Self-Reliant India) within the country's defence and aerospace sectors."
3:10

#WATCH | Shivpuri, Madhya Pradesh: Adani Airport Holdings Limited (AAHL) Director Jeet Adani says, "...Today is a very special day for all of us. We are launching South Asia’s largest private-sector missile ecosystem. This facility will manufacture everything from raw materials for national defence to fully assembled, mission-ready missiles, all at a single location, and outside of government-owned establishments. We are deeply honoured to bring this sovereign capability to MP. Madhya Pradesh has now emerged as one of the country's most powerful growth stories... We take great pride in being part of this journey with the Adani Group." He adds, "At the Global Investors Summit held in Bhopal last year, our Chairman, Gautam Adani, committed to an investment of Rs 1,10,000 crore in MP that will span sectors such as pumped hydro storage, cement, mining, smart meters, and thermal energy, creating approximately 1,20,000 jobs by 2030... We have already invested over Rs 4,000 crore in the Amethi and Kaimore plants in the Katni district. Today, Adani Power is supplying 1,200 MW of power to the state, and we are developing an additional capacity of 5,600 MW. We have also initiated wind energy projects in Lahori, Dhar, Ratlam, and Ujjain, and the foundation stone for a cement plant in Ujjain will be laid soon. Just a few weeks ago, we performed the groundbreaking ceremony for the Guna cement unit, an investment exceeding Rs 1,000 crore, marking the largest investment in Guna's history. This investment is not merely in plants and factories; it is an investment in the people of Madhya Pradesh and their future. This progress aligns with PM Modi's vision of an 'Atmanirbhar Bharat' (Self-Reliant India) within the country's defence and aerospace sectors."

ANI

46,132 Aufrufe • vor 1 Monat

Istanbul, July 4 2026. Prime Minister Muhammad Shehbaz Sharif held a series of meetings with senior executives of Türkiye's leading business groups and industry organizations in Istanbul, reaffirming Pakistan's commitment to strengthening economic cooperation and attracting greater Turkish investment across key sectors of the economy. The Prime Minister met with Chairman of Çalık Holding, Mr. Ahmet Çalık; Chairman of the Board of Directors of Albayrak Group, Mr. Ahmet Albayrak; and the President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB), Mr. Rifat Hisarcıklıoğlu. During the meetings, the Prime Minister underscored the deep-rooted brotherly ties between Pakistan and Türkiye and emphasized the importance of translating the two countries' exceptional relationship into a stronger economic and investment partnership. He highlighted Pakistan's improving macroeconomic fundamentals, investor-friendly policy framework and the Government's commitment to ensuring a transparent, predictable and business-friendly investment environment. The Prime Minister invited Turkish companies to expand their investment footprint in Pakistan's priority sectors, including energy, mining and minerals, infrastructure, maritime and logistics, information technology, telecommunications, manufacturing, agriculture and privatization. He noted that the Special Investment Facilitation Council (SIFC), working in close coordination with the relevant federal and provincial authorities, continues to provide one-window facilitation and institutional support for strategic investors. In his meeting with Çalık Holding, the Prime Minister emphasized Pakistan's significant opportunities in energy, infrastructure, information technology and privatization. He welcomed the company's interest in expanding its operations in Pakistan, noting that its existing presence through Çalık Enerji and GAP İnşaat provides a strong foundation for deeper cooperation. The Prime Minister also appreciated Albayrak Group's longstanding engagement in Pakistan and encouraged the company to further expand its investments in maritime infrastructure, port modernization and logistics, recognizing its important contribution to Pakistan's connectivity and infrastructure development. In his meeting with the Meeting with the President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB), the Prime Minister appreciated the organization's continued efforts to strengthen business-to-business engagement between Pakistan and Türkiye. He proposed establishing a structured institutional mechanism for regular interaction between the private sectors of both countries and invited TOBB to lead a high-level business delegation to Pakistan to explore emerging investment opportunities firsthand. The Turkish business leaders appreciated the Government of Pakistan's economic reforms, improving investment climate and investor-friendly policies. They expressed confidence in Pakistan's economic outlook and reaffirmed their interest in expanding investments and developing long-term partnerships across a range of strategic sectors, contributing to the growing economic partnership between Pakistan and Türkiye.
1:39

Istanbul, July 4 2026. Prime Minister Muhammad Shehbaz Sharif held a series of meetings with senior executives of Türkiye's leading business groups and industry organizations in Istanbul, reaffirming Pakistan's commitment to strengthening economic cooperation and attracting greater Turkish investment across key sectors of the economy. The Prime Minister met with Chairman of Çalık Holding, Mr. Ahmet Çalık; Chairman of the Board of Directors of Albayrak Group, Mr. Ahmet Albayrak; and the President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB), Mr. Rifat Hisarcıklıoğlu. During the meetings, the Prime Minister underscored the deep-rooted brotherly ties between Pakistan and Türkiye and emphasized the importance of translating the two countries' exceptional relationship into a stronger economic and investment partnership. He highlighted Pakistan's improving macroeconomic fundamentals, investor-friendly policy framework and the Government's commitment to ensuring a transparent, predictable and business-friendly investment environment. The Prime Minister invited Turkish companies to expand their investment footprint in Pakistan's priority sectors, including energy, mining and minerals, infrastructure, maritime and logistics, information technology, telecommunications, manufacturing, agriculture and privatization. He noted that the Special Investment Facilitation Council (SIFC), working in close coordination with the relevant federal and provincial authorities, continues to provide one-window facilitation and institutional support for strategic investors. In his meeting with Çalık Holding, the Prime Minister emphasized Pakistan's significant opportunities in energy, infrastructure, information technology and privatization. He welcomed the company's interest in expanding its operations in Pakistan, noting that its existing presence through Çalık Enerji and GAP İnşaat provides a strong foundation for deeper cooperation. The Prime Minister also appreciated Albayrak Group's longstanding engagement in Pakistan and encouraged the company to further expand its investments in maritime infrastructure, port modernization and logistics, recognizing its important contribution to Pakistan's connectivity and infrastructure development. In his meeting with the Meeting with the President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB), the Prime Minister appreciated the organization's continued efforts to strengthen business-to-business engagement between Pakistan and Türkiye. He proposed establishing a structured institutional mechanism for regular interaction between the private sectors of both countries and invited TOBB to lead a high-level business delegation to Pakistan to explore emerging investment opportunities firsthand. The Turkish business leaders appreciated the Government of Pakistan's economic reforms, improving investment climate and investor-friendly policies. They expressed confidence in Pakistan's economic outlook and reaffirmed their interest in expanding investments and developing long-term partnerships across a range of strategic sectors, contributing to the growing economic partnership between Pakistan and Türkiye.

Prime Minister's Office

12,960 Aufrufe • vor 1 Monat

A humanoid robot capable of crushing skulls? Figure AI sued by former executive. Robert Gruendel, former chief product safety engineer at Figure AI, has filed a lawsuit in the U.S. District Court for the Northern District of California, alleging that he was retaliatoryly fired after reporting robot safety risks to Figure AI executives. The lawsuit claims that the engineer warned the company that its humanoid robots possessed a dangerous capability "capable of crushing a human skull." The report cites a specific incident where a robot malfunctioned and scratched a steel refrigerator door with a mark approximately ¼ inch long. The lawsuit also alleges that the company used its safety roadmap as a factor in attracting investment during fundraising and valuation, but subsequently "weakened" its implementation. Figure AI's valuation surged by approximately $39 billion between 2024 and 2025, and this lawsuit comes at a time of rapid expansion and high public attention.
0:50

A humanoid robot capable of crushing skulls? Figure AI sued by former executive. Robert Gruendel, former chief product safety engineer at Figure AI, has filed a lawsuit in the U.S. District Court for the Northern District of California, alleging that he was retaliatoryly fired after reporting robot safety risks to Figure AI executives. The lawsuit claims that the engineer warned the company that its humanoid robots possessed a dangerous capability "capable of crushing a human skull." The report cites a specific incident where a robot malfunctioned and scratched a steel refrigerator door with a mark approximately ¼ inch long. The lawsuit also alleges that the company used its safety roadmap as a factor in attracting investment during fundraising and valuation, but subsequently "weakened" its implementation. Figure AI's valuation surged by approximately $39 billion between 2024 and 2025, and this lawsuit comes at a time of rapid expansion and high public attention.

CyberRobo

39,981 Aufrufe • vor 8 Monaten