LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

Image
 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

NCC: TELECOMMUNICATION COMPANIES TO PAY N200K FINE PER LINE OVER FAILURE TO VERIFY NIN.{PHOTO}.

The Nigerian Communications Commission (NCC) has proposed a fine of N200,000 for telecommunications companies that fail to verify and validate biometric, National Identity Number (NIN) and other personal information of subscribers.


This is contained in a proposed draft regulation on registration of telephone subscribers 2021 published on NCC’s website.


The federal government had asked Nigerians to enrol for NIN and link their unique number to the phone lines.


Since the announcement in 2020, an extension of the deadline for NIN registration and subscriber identity module (SIM) integration exercise has taken place at least six times.


January 19, 2021 was the initial deadline, but it was moved to February 9, April 6, May 6, June 30, July 26 and now October 31.


Section 19 of the draft document, NCC said mobile communications services providers must ensure that NINs are verified and validated before activation.


It said a penalty of N200,000 awaits those who breach the requirement.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).