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

HOW AN EFFECTIVE NATIONAL HEALTH INSURANCE CAN HELP HEALTHCARE DELIVERY IN NIGERIA, BY OSINBAJO.#PRESS RELEASE.

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     OFFICE OF THE VICE PRESIDENT
 An effective National Health Insurance scheme remains the best panacea for the development of the health sector and an efficient healthcare delivery in the country, according to Vice President Yemi Osinbajo, SAN.
Speaking while receiving a delegation of the Nigerian Medical Association, NMA, in his office earlier today, Prof Osinbajo said, “We have a good opportunity to do something about the National Health Insurance; it is obvious that government, both Federal Government and State Governments, cannot adequately provide healthcare for almost 200million Nigerian people.”
Citing India as an example, he mentioned that India has the most privatized healthcare system in the world, with individual States being responsible for providing healthcare.
In addition, VP Osinbajo emphasized the need for “Doctors to be remunerated properly regardless of their location, either rural or urban locations. We must find a logical way of addressing this issue.”
Continuing he said, “We must ensure that the states pick up their own part of the responsibility of providing healthcare in their States. With the National Economic Council, NEC, there is the opportunity to talk to State governors and one of the things we do is to look at the human development indices, especially for Primary Health Care.”
“There are States that are simply not doing enough and we must ensure that they step up to the plate. States must be held to account because a lot of the responsibilities are theirs.”
But he emphasized that National Health Insurance is the key in resolving a lot of the financial problems in the Health Sector, adding that this administration has made the National Health Insurance central to the plans for the healthcare system in APC’s Next Level document.
Speaking earlier, the Minister of Health, Prof Isaac Adewole, mentioned the ministry’s strides in achieving the Universal Health Coverage towards the expansion of the National Health Insurance Scheme.
He thanked the Presidency for the presidential assent of the Appropriation Act, which for the first time, approved the release of the 1% for the Basic Healthcare Provision Fund, and disclosed that the Ministry of Finance has released the first quarter allocation of N13.7billion.
In addition, the Minister of Health said the Basic Health Care Provision Fund would also help in fast-tracking the development of the National Health Insurance Scheme.
In his own remarks, the President of the Nigerian Medical Association, Dr. Francis Faduyile, congratulated the President and Vice President on their victory at the 2019 Presidential elections. He also acknowledged the administration’s efforts in the health sector, which includes the signing of the Residency Training Act, the release of the Basic Healthcare Provision Fund, as well as the recently improved Cancer Centre in Lagos University Teaching Hospital.
Laolu Akande
Senior Special Assistant to the President on Media and Publicity
Office of the Vice President
8th April 2019
No photo description available.

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