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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ASUU DEMANDS N1 TRILLION FROM FG TO SUSPEND ONGOING STRIKE. (PHOTO).

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Ongoing industrial action by members of the Academic Staff Union of Universities, ASUU, is seen by some as one of the reasons people patronise private universities, as lecturers there are not members of the union and would not go on strike.

Meanwhile, another set of people not participating in the strike are lecturers in some state universities and those in universities not yet unionised.

On their part, newly-established public universities are given observer status for some years before being admitted into ASUU.

Nigeria has 49 federal universities, 54 owned by state governments and 109 private ones.

Federal universities are currently on strike while some state-owned are not part of the strike, the reason being that some major demands by ASUU are peculiar only to federal universities.



 

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