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

FRSC TO COMMENCE FULL IMPLEMENTATION OF THE PENALTY POINT SYSTEM ON TRAFFIC OFFENDERS.#PRESS RELEASE.

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       The Federal Road Safety Corps has revealed that it will commence full implementation of the Penalty Point System on traffic offender come 1st June, 2019. By this development, offenders who violate traffic regulations for a stipulated number of times will be sent back to driving schools for a retraining, while others will be subjected to compulsory community services according to number of offences committed.
According to Bisi Kazeem, the Corps Public Education Officer, the Corps Marshal, Dr Boboye Oyeyemi stated this on Wednesday, during a critical summit on Information Technology at the national headquarters, Abuja.
Oyeyemi decried that the continues violation of traffic laws by motorists simply suggests that either most of drivers on Nigerian roads did not attend a driving school or attended but did not learn what they were taught in those schools. While others violate traffic laws deliberately.
He explained that the Penalty Point System is already operational in most safety conscious countries of the world to deter motorists from traffic violation.
Speaking further on this, the Corps Marshal said that penalty points are Points allotted to traffic offences accumulatedin the driver’s record.
According to him " If a driver receives a statutorily maximum number of
points, the driver shall be warned and or have his licence suspended or
withdrawn. For between 1-10 point offence, the offender pays a certain amount of money as fines. While on the other hand, a warning notification is to be issued to a traffic offender who has accumulated 10 – 14 penalty points"
Buttressing this further, he stated thus, "offenders who commit between 15-20 penalty points will face the temporal removal or interruption of authority or right to
drive a vehicle or ride a motorcycle/tricycle, as a punishment for a period of
time. While motorists who have accumulated 21 and above penalty points will face withdrawal of their drivers licence which means the condition of taking away the authority or the denial
of the right to drive a motor vehicle or ride a motorcycle/tricycle on Nigeria
roads".
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