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

UNIVERSITY RANKING: UNIZIK CLINCHES 10TH POSITION,MERITS BETTER- VC.(PHOTO).



University Ranking: UNIZIK Clinches 10th Position, Merits Better – VC

The Vice Chancellor of Nnamdi Azikiwe University Awka, Professor Charles Okechukwu Esimone has welcomed the recent Ranking at the Times Higher Education World Academic Summit New York which placed UNIZIK at 10th position in Nigeria.7

But Esimone said the University deserved a far better placing had there been opportunity to present all basic parameters that were required for the ranking.

It will be recalled that the Chairman of the Nigerian Universities Ranking Advisory Committee (NURAC), Professor Emeritus Peter Okebukola broke the news of the ranking in Abuja when he returned from the summit.

According to Okebukola, at least twelve Nigerian universities with Nnamdi Azikiwe University on the list have shown remarkable improvement in world rankings and were applauded at the Times Higher Education World Academic Summit which ended in New York on October 12.

The ranking released by the Times Higher Education, he said has two Nigerian universities in the 401 to 500 band.

But Esimone whose ambition is to achieve number one position in Nigeria and at least 200 position for UNIZIK in the world said in a dialogue that the strike action by members of Academic Staff Union of Universities (ASUU) played a major role in its lower ranking because basic parameters for the exercise were not completed.

He said: “We didn’t reach the optimum. We would have been about sixth or seventh because I was doing what is required strategically with the supply of information.

“What we achieved was just a work of faith. The basic parameters, about four of them were not completed, including data about student’s distribution.

“The strike action did not allow the staff to provide the data needed.

”We thank God all the same. About four parameters we would have put in place to showcase what we have done”, Esimone said.

The NURAC was set up by the Executive Secretary of National Universities Commission (NUC), Professor Abubakar Adamu Rasheed to mobilise Nigerian universities for and catalyse their participation in all global ranking schemes.

Over the last 12 months, NURAC has been working with all universities and building capacities to ensure the actualization of this mandate.

 

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