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
Lagos State Ministry of Wealth Creation and Employment has inducted the first batch of 500 graduates to its 3-month paid Internship Programme for unemployed graduates in the State.Speaking at the Induction Cerem,ony,the State Commissioner,Ministry of Wealth Creation and Employment,Mr Babatunde Durosinmi-Etti said the internship programme was designed to provide unique opportunities for unemployed graduates in the State towards enhancing the formal education they acquired and enable them to earn first-hand workplace experience to earn them jobs or make them entrepreneurs.In his words,''As a ministry,it was discovered that formal education forms 30% of what is required to face the challenges of securing a job; the remaining 70% cuts across cognitive values and gender.This will assist in building up the employability skills of our youths,this is the first batch and the next batch of 500 will be coming up at a later date''.Durosinmi-Etti stated further that at the end of the 3-month paid internship programme some of the interns might secure a job in the organization where they were deployed or decide to become an employer of labor through the assistance of the Lagos State Employment Trust Fund created to help entrepreneurs and tackle unemployment.The Commissioner advised the Interns to take advantage of the opportunity,saying ''Don't look at the N25,000 monthly taken that you will be getting from the Stat Government and the counter contribution from the off-takers,but what you will take away from the opportunity.The acquired experience can be used to harness your potentials and opportunities ahead of your''.
Comments
Post a Comment