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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READ PRESIDENT BUHARI'S REACTION TODAY CONCERNING THE SOCIAL MEDIA BILL PROPOSED BY THE SENATE.

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                   President Muhammadu Buhari reaction was contained in a statement by his Senior Special Assistant on Media and Publicity,Garba Shehu came against the background of the public hostility towards the bill now being debated by the Senate.Shehu noted that the President had sworn to defend the constitution of Nigeria and would not lend his hand to anything that is inconsistent with the constitution,but added that Buhari was not averse to lawful regulation,so long as that is done within the ambit of the constitution which he swore to uphold.He added ''The President said free speech is central to democratic societies anywhere in the world.The President explained that without free speech,elected representatives won't be able to gauge public feelings and moods about governance issues.As a key component of democratic principles,the President acknowledged that people in democratic societies are so emotionally attached to free speech that they would defend it with all their might.Because the Senate is a democratic senate.The President won't assent to any legislation that may be inconsistent with the constitution of Nigeria''.Shehu explained that Buhari was fully aware of the public reservations about the proposed legislation but assured that there is no cause for alarm.

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