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

PROPOSED N5,000 PAYMENT TO POOR NIGERIANS,A BIG SCAM-KUKAH.{PHOTO}

Catholic Bishop of Sokoto Diocese, Bishop Matthew Hassan Kukah, has picked holes in the planned payment of N5,000 to poor Nigerians.


He described the move as a monumental scam meant to enrich a few.


Bishop Kukah, who was a guest on a television programme Monday, noted that the government does not have such money to pay millions of people monthly and was only playing to the gallery to curry favour going into the election year.


“I can bet with you that the government cannot pay such amount monthly.


“Where do we get such amount to pay millions of people monthly? Even if such amount is available, the government will not pay. It is one of the usual promises. This is another scam coming from a government that has perfected the art of deceit.

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