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

IPOB: SOUTH EAST LOSES N10 BILLION EVERY SIT-AT-HOME DAY-GOV. UMAHI.{PHOTO}.

Chairman, South East Governors forum and Governor of Ebonyi state, Chief Dave Umahi on Sunday evening said the zone loses over N10 billion in every sit-at-home the people of the region observe.


Since the leader of the Indigenous People of Biafra (IPOB) Mazi Nnamdi Kanu was arrested, the organisation has declared every Monday sit-at-home until he is released.


He noted that the state would not subscribe to incessant calls for sit-at-home, insisting that any Civil Servant who was absent from work to observe sit-at-home, would be sanctioned.


“Evil will continue to thrive if good people keep quiet; we must make Ebonyi State very exceptional by rising to the challenges. When we shout true federalism, I say I agree but it should be administrative restructuring, Ebonyi State is not in support of any State collecting VAT, we are in support that FIRS should continue to collect tax and share.


“We are destroying our economy, the sit at home is not happening in South West, the North is not sitting at home, each time we sit at home, we lose over N10 billion in our economy, so Ebonyi State will not sit at home any day, so I charge the commissioners to go all out and ensure that Civil Servants come to work, and for the markets, I will personally be in the markets tomorrow, anyone who is no longer interested in owning shops can go home.”

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