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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NLC TO HOLD A NATION-WIDE STRIKE ON MONDAY IN ABUJA,TO KICK AGAINST THE 45% INCREASE IN ELECTRICITY TARRIFS.

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                According to Premium times,the Nigeria Labour Congress,Trade Union Congress,and civil society allies say they will hold a protest on monday against the 45 percent increase in electricity tariffs announced by the Nigeria Electricity Regulatory Commission.The protest will hold monday,February 8,in Abuja and across the nation,the labour groups announced in a statement today thursday.The statement signed by Ayuba Wabba,the NLC president said ''It is  a nation wide protest,meaning that the 36 states of the Federation including Abuja will be involved in this action.Our members have been sufficiently mobilized and are ready to go.If you are an electricity consumer and you are not happy with the bills electricity companies serve you every month,you are invited to join this protest rally.Indeed,rather than see reason with Nigerians,the Minister of Power,Works and Housing has been advancing spurious argument in justification''.He said the Abuja rally will start at Labour House,Central Business District at 8:00am before moving to the NERC head office at Adamawa Plaza,Plot 10999,First Avenue,off Shuhu Shagari way,Central Business District.From the NERC office,the rally will roll to the Abuja Electricity Distribution Company at zone .The rally will mobilise from there to the National Assembly.The labour groups said the protest rally became necessary after all effort to make NERC shelve the idea of increase failed.One more photo below.                                                                                                                                                      

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