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

THE 8TH SENATE PASSED A MOTION ON THE INCREASING RATE OF DROPPED CALLS & OTHER UNWHOLESOME PRACTICES BY TELECOMMUNICATIONS NETWORK OPERATORS IN NIGERIA.-SARAKI

Image may contain: 1 person                 According to the Senate President Bukola Saraki,who shared this update on social media few hours wrote ''Yesterday,the 8th Senate passed a Motion on the increasing rate of dropped calls and other unwholesome practices by Telecommunications Network Operators in Nigeria.These dropped calls have cost Nigerians billions of Naira.This is unacceptable!.The Senate noted that although telecommunications operators have gradually become an integral part of the Nigerian economy and a tool in the social-economic life of Nigerians,millions of subscribers continue to complian about an increasing rate of dropped calls; voice quality problems; and not being able to control their bundle usages,which oftentimes leads to the phone companies automatically switching their services to pricier airtime options.In this regard,the Senate condemned the inefficiency of GSM Network Operators in Nigeria; urged the NCC to immediately invoke the appropriate provisions of the law to protect Nigerian consumers from such practices;and called on all relevant agencies of government to carry out a thorough investigation on the causes of dropped calls in order to improve the experience of Nigerian customers.
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