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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NO LICENCE HAS BEEN ISSUED FOR 5G DEPLOYMENT IN NIGERIA.{PHOTOS}.#PRESS RELEASE.

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What is 5G? How is it better than 4G? | Network World
      The attention of my office has been drawn to the public concern about the health implications of the deployment of Fifth Generation Mobile Networks (5G) in Nigeria.Based on available records at my office and the earlier report received from the regulator, I would like to clarify as follows:
i. The National Frequency Management Council (NFMC), of which I am the Chairman, has not deliberated on or released any bulk frequency spectrum for the deployment of 5G;
ii. No license has been issued for the deployment of 5G in the country;
iii. A 3-month study trial commenced on the 25th of November, 2019 in order to critically review and study the health and security implications of deploying 5G in Nigeria;
iv. As part of the study trial process, I directed the Nigerian Communications Commission (NCC) to ensure that a team of experts, security agencies and other stakeholders fully participate in the trial process and my office also invited these agencies to participate in the trial; and
v. The trial process has been concluded and the study and reporting process is currently ongoing.
His Excellency, President Muhammadu Buhari, GCFR, places a premium on the welfare, health and security of Nigerians. As such, our desire for technological advancement will never be at the expense of the health and welfare of our citizens.
Government will not act on speculations only, but rather we will take an informed decision on 5G after due consultation with experts and the public. I have also directed the Nigerian Communications Commission (NCC), to engage citizens on any questions or concerns they may have regarding 5G.
I wish to thank the general public for reaching out to us on this issue. We advise you all to remain rest assured that government will always take the welfare, health and security of the public into account while considering the deployment of any technology.

Dr Isa Ali Ibrahim (Pantami), FNCS, FBCS, FIIM
Honourable Minister of Communications and Digital Economy.
Shanghai is the world's first city with 5G Network coverage

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