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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UPDATE OF NCI RECOMMENDING THE SETTING UP OF A COUNCIL TO REGULATE THE USE OF SOCIAL MEDIA IN NIGERIA.{READ}.

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Image result for social media               A report circulating in the New and Traditional Media says the National Council on Information (NCI) has recommended the ''setting up of a Council to regulate the use of social media in Nigeria''.
This is attracting much bashing from the Social Media.
But here are the facts:
1. The National Council on Information (NCI) is not a Federal Government body, but a body that comprises all the 36 states of the Federation, the FCT and the FG
2. What the NCI has suggested, that is the setting up of a Council to regulate the use of social media in Nigeria, is only a RECOMMENDATION, and nothing else.
3. The Federal Government has NOT accepted the recommendation contained in the NCI Communique, hence there is no cause for alarm or reason to panic. It is WRONG, as some have already done, to conclude that a mere recommendation of a Council is now the policy of the FG.
4. People should always seek to understand issues before commenting on them. Having a phone/laptop and cheap data is no licence for irresponsible posturing and name calling.
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