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

BENUE PENSIONERS UNION DISOWNS PROTESTING GROUP.{PHOTOS}.#PRESS RELEASE.

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      The leadership of the Nigerian Union of Pensioners, Benue State Chapter has distanced itself from the protest organised by the 'Concerned Pensioners' in the state, saying the protest was instigated and had a political undertone.
State Chairman of the Union, Comrade Joseph Kyume, stated this today while speaking with journalists shortly after he led a delegation to present the position of the Union to Governor Samuel Ortom at the Benue Peoples House Makurdi.
Comrade Kyume said the Union had held talks with the State Government and had agreed on harmonisation of payment of pensions to all categories of retirees in the state.
He stated that the Union had also requested the Governor to domesticate the Federal Government's Contributory Pensions Scheme, PENCOM, in the state which the Governor had done and even gone a step further to inaugurate the commission to address the problem of pensioners in the state.
Comrade Ikyume noted that the protesting group was anchored by suspended leaders of the Union who had gone to court but lost, saying the union in the state would not allow itself to be dragged into partisan politics.
Governor Ortom had earlier addressed the protesting retirees where he appealed to them to shield their swords and embrace dialogue, pointing out that his administration was making frantic efforts aimed at permanently addressing the pensions and gratuities challenges.
He said already, N611 million had been approved for the payment of April and May pension arrears to retirees whom he noted would start receiving alerts on Monday or Tuesday next week, stressing that the domestication and inauguration of Pension Commission would also go a long way in addressing the challenge.More photos below.
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