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

EL-RUFAI CONFIRMS SAYING TINUBU WILL REVERSE NEW NAIRA POLICY,SAYS 'PEA BRAINEF' PEOPLE RESPONSIBLE WILL BE HELD TO ACCOUNT.(PHOTO).


El-Rufai Confirms Saying Tinubu Will Reverse New Naira Policy, Says ‘Pea-brained’ People Responsible Will Be Held To Account  

Kaduna State Governor, Malam Nasir El-Rufai, on Friday confirmed a statement attributed to him over the new naira policy. 

The governor earlier said that the All Progressives Congress presidential candidate, Bola Tinubu would reverse the Central Bank of Nigeria’s (CBN) naira redesign policy if elected next president on February 25. During a town hall meeting in Kaduna, El-Rufai, therefore, urged the people not to bother to deposit their old naira notes in banks.

The governor on Friday responded to a Twitter user asking if he actually made the statement attributed to him.

He wrote; "CONFIRMED VIDEO: Yes. I, Nasir @elrufai made the commitment and stand by it. Those intent on impoverishing citizens through pea-brained policies of sabotage against our nation and democratic rights will not only fail, but will be held to account in this world & hereafter. So there!!!”

The governor, who has been critical of the policy, noted during the town hall meeting that it would kill businesses in the country.

He said: “We have 18 days until the presidential election, right? I want to authoritatively tell you that if Asiwaju Bola Tinubu is declared the winner, the first major announcement you will hear from him is the review of this policy.

“I Nasiru El-Rufai, Uba Sani and Asiwaju promise you that this policy will be reviewed and people will be given enough time to swap their money. This message is directly from Asiwaju Bola Tinubu.”

Mr El-Rufai urged the citizens to remain calm and stop rushing to the bank to swap their old notes, assuring that even after four years, the governorship candidate of the APC in the state, Uba Sani, would replace the money for them.

He maintained that by the provisions of the laws, the CBN can’t outlaw the old naira notes.

“Stop insisting that you must be given the new notes because it would affect your businesses. And that’s what they want.

“Tell everybody in Kaduna State that they should go ahead and do their transactions with their old notes, and every trader should accept the old currency.

“Please help us spread the message, continue to transact with the old notes, and don’t take your money to the bank. I can assure you that nobody will lose his money.

“You elected us to defend your interests, and we will continue to do that till our last breath,” he said.


 

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).