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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#ENDSARS: SENATE PASSES BILL TO COMPENSATE VICTIMS.(PHOTO).

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 #ENDSARS: SENATE PASSES BILL TO COMPENSATE VICTIMS



The Senate on Wednesday passed for second reading, a bill seeking to compensate victims of the EndSARS protest.


The bill titled, A Bill for an Act to Amend the National Emergency Management Agency Act was sponsored by Senator Gershom Bassey a member of the Peoples Democratic Party, Cross River State.


Bassey, in his lead debate, said the bill seeks to provide for the establishment of the EndSARS Victims Compensation Fund.


He said that, as a result of the Endsars nationwide protests in October 2020, judicial panels of inquiry were constituted to address the demands of protesters and compensation for verified victims of the EndSARS protest.


He noted that the judicial panels of inquiry and the Senate Joint Committee on Endsars revealed the killing of protesters, and destruction of private and public properties by rampaging hoodlums, who seized and took over the protest vandalizing and looting valuable assets.

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