LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years for N43.5m Fraud Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud. The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00 Count one reads: "Fatuyi Yemi Philips and Oceanview Oil and Gas Nigeria Limited, on or about the 28th day of September, 2016 at Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the aggregate sum of N43, 502,000.00 from Elochukwu Okoye and Elebana Unique Ventures Nigeria Limited on behalf of WAPCIL Nigeria Limited under the false rep
According to a national newspaper,Governor Babatunde Fashola,of Lagos state says students of the Lagos State university LASU ,were not against the hike in their school fees going by the position paper,presented by the students.He claimed the students were against the parameters used in calculating the fees,ut gave hint that his administration might slash the school fees to make the students happy.''We are not inflexible,we will make adjustment or amendment where there's need for better understanding''.He also said government who decided that the new fee was not going to affect sitting students but only new intakes adding that in consideration of qualified but indigent students,government also increased it's budget for scholarships and bursaries from N700 billion,to about N1.2-1.3 billion in order to ensure that no child was left behind.
Comments
Post a Comment