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
The Trade Union Congress {TUC} and the Nigerian Labour Union Congress {NLC} have called for a special salary for the employees residing in the Federal Capital Territory following the high cost of living in Abuja.The Union Leaders made the call yesterday Monday at the 2017 May Celebration in Abuja,with the Theme: ''Labour Relations in Economic Recession: An Appraisal''.Mr Amodu Olayinka,TUC FCT Chairman,said the Federal Government and the FCT Administration need to urgently create and adopt a special salary structure for workers residing in the capital territory.He said special salary would motivate and increase the morale of workers in Abuja as civil servants are the engine room off any government.Olayinka explained that the prevailing economic recession and high cost of living in the FCT made it imperative for government to create a special salary structure for employees residing in Abuja.According to him,the new injection of luxury buses for transportation by the Federal Capital Territory Administration {FCTA} has reduced the stress and suffering of commuters .''We will appreciate if more buses can be provided and other MDA's to follow the same step to help ease the stress of the common man''.According to him,the creation and completion of more access roads to link up area councils will reduce traffic congestion,stress and fatigue experienced by commuters on daily basis.Also,Mr Amaechi Lawrence,NLC FCT Chairman,said the non-regular payment of pension to retirees was becoming a recurrent issue and urged that remittance should be monitored against sharp practice of with-holding some percentage of pensions of retired civil servants.Lawrence said delay in staff promotion was demoralising and appealed to MDA's to conduct promotion and release the result on time to boost the morale of workers and lay to rest stagnation in the service.He,however,commended the Federal Government on its efforts towards economic revival with the launch of New Economic Reform Plan.
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