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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EDO GOVT TO INVITE EFCC AS 18 LGAS GENERATE ONLY N3M MONTHLY. (PHOTO).

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Edo Govt To Invite EFCC As 18 LGAs Generate Only N3m Monthly 


Edo State government has threatened to probe, arrest and dismiss any head of local government administration (HOLGA) or council personnel involved in shady deals, resulting in the declining internally generated revenue (IGR).

The deputy governor, Comrade Philip Shaibu, made the declaration yesterday at the Government House, Benin City, during a close-door meeting with HOLGAs and local government liaison officers.

Also in attendance were leaders of the three recognised transport unions: Road Transport Employers Association of Nigeria (RTEAN), National Union of Road Transport Workers (NURTW) and ANNEWATT.

Shaibu said the Economic and Financial Crimes Commission (EFCC) may be invited by the state government to look into the affairs of the councils.

He said, “Only incompetence, abuse of office, lack of accountability and truancy, among others, can result in the 18 local government councils generating a paltry sum of N3 million monthly as internally generated revenue.”

He said the IGR profile of Egor local government alone was N1 million while the remaining councils generated N2 million, describing it as criminal and unacceptable to government.

“It is also impossible for motorcycles and tricycles to generate more revenue than cars and buses put together.

“We will invite EFCC to investigate your activities for the period under review and whoever that is culpable of any mismanagement be sacked, arrested and be made to face prosecution in a competent court of jurisdiction,” Shaibu added.



 

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