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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MEETING BETWEEN FG AND NLC OVER FUEL SUBSIDY REMOVAL,ENDED IN A DEADLOCK. (PHOTO).

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The meeting between the Federal Government and the Nigerian Labour Congress (NLC) over the crisis resulting from the fuel subsidy removal has ended in a deadlock.

The meeting which began at about 4pm at the Presidential Villa, Abuja, had the the spokesperson for President Bola Tinubu; Dele Alake, NNPC boss, Mele Kyari, CBN Governor, Godwin Emefiele; and former Edo State Governor Adams Oshiomhole, representing the Federal government. The organised labour was represented by the NLC National President, Joe Ajaero; and the President of the Trade Union Congress of Nigeria (TUC), Festus Osifo.

After several hours of meeting with the Federal Government, the NLC demanded that the Federal Government return to the status quo by reversing the price of fuel before resuming negotiations with the NLC. The National President of the Nigeria Labour Congress, Joe Ajaero, who criticized the removal of subsidy, said that the NLC has to protect the Nigerian workforce and proffer additional solutions.

On his part, presidential spokesperson, Dele Alake, said the meeting was ‘’robust''. He added that talks between both parties continues and that the Federal government is hopeful that a reasonable consensus will soon be reached.

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