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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SOCIAL PROTECTION: GOV. ZULUM DOLES OUT N62.7M TO 846 STORE' LABOURERS.(PHOTOS).#PRESS RELEASE.

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Social protection: Zulum doles out N62.7m to 846 stores’ labourers 

Borno State Governor, Professor Babagana Umara Zulum, on Monday gave a total sum of N62,750,000 to 846 elders and labourers providing services at Bolori Stores, a popular area in Maiduguri where trailers offload and move variety of wholesale food and non-food products from Borno to other parts of Nigeria and neighbouring countries. 

The distribution was in continuation of Governor Zulum’s sustained economic packages aimed at enhancing livelihoods and building resilience of citizens as part of counter-insurgency measures. 

Of the 846 beneficiaries, Zulum presented N100,000 each to 409 elderly low income persons operating around the stores, some of who, for many years, have been into manual labour. The elders jointly received a total of N40.9 million. 

The governor also presented N50,000 each to 437 younger labourers made up of 387 men and 50 women. They jointly received a total of N21.8 million.
 
Zulum urged the recipients to use the cash for micro businesses with a view to increasing their sources of income. 

He described the labourers as highly a productive population whose line of work helps in making available basic necessities needed by all categories of citizens across Borno State. 

The Governor noted that their activities significantly contributed to the state’s economy, noting that many trailers arrive and depart Bolori Stores everyday to bring in food and non-food items into Borno State and move similar products to other parts of Nigeria and neighbouring countries. Such activities, Zulum said, contribute to the state’s economy. 

The Commissioner for Sports and Youths Empowerment, Saina Buba, whose ministry coordinated the intervention, said Zulum had supervised similar empowerment programmes in different parts of the state. 

One of the beneficiaries was full of gratitude to the governor, saying some of them were receiving such amounts for the first time. 

The beneficiaries promised to make good use of the gesture.
More photos below. 



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