LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

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 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
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1 WEEK AFTER SOUTH AFRICAN STUDENTS STARTED PROTESTING,JACOB ZUMA STOPPED THE INCREMENT OF FEES TODAY.

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                             Today friday,thousands of angry South African students protesting against plans to raise fees next year tried to pull down a fence surrounding government building housing President Zuma's office.The students,who chanted slogans,argued with police who had earlier set up guard ahead of a scheduled address by Zuma.Though Jacob Zuma had ruled out the university fee increase next year after a week of angry protests.Police fired rubber bullets,tear gas and stun grenades at students who hurled rocks and lit fires on the grounds of Union Buildings,where the government has it s offices in Pretoria,demanding Zuma to come outside and address them.But security officials feared for Zuma's safety,and Zuma remained inside,making the fee freeze announcement to the media instead.Zuma said after meeting in private with students leaders and university management saying ''On the matter at hand we agreed that there will be a zero increase of university fees in 2016''.Some of the students who gathered at Union Building in Pretoria welcomed Zuma's announcement,but others said the measure fell short of their demand for free education.One more photo below.                                                                                                                    

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