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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I DON'T RECEIVE SALARY,DON'T KNOW HOW MUCH SENATORS EARN- OKOROCHA.{PHOTO}.

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Former Governor and Senator representing Imo West, Chief Rochas Okorocha, has disclosed that he had never received a dime as salary from the National Assembly, since becoming a Senator, over two years ago.

This was, even as, the Philanthropist said he didn’t draw salaries from the coffers of Imo State Government for the eight years he spent as Governor.

“I have never received salary as a Senator. Even as a Governor of Imo State, I didn’t draw a penny for the years I spent. I hate public funds. One thing about public funds is that, if you don’t work for it, don’t collect it because it has spiritual implications”, Okorocha told the Journalists.

Speaking further on the basic salaries and allowances of Senators, Okorocha said, “I don’t know how much a Senator earns. But I think the basic salary is around N2m, but allowance is around N3m for housing, then transportation and other allowances put together to be around N10m or N11m, not too sure”.

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