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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PROTEST ROCKS EDO OVER PETROL PRICE HIKE.(PHOTO)

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PROTEST ROCKS EDO OVER PETROL PRICE HIKE 


Some residents of Edo state have blocked the Benin-Lagos highway and other areas in Benin metropolis following the increase in the pump price of Premium Motor Spirit (PMS).


The protesters who are mainly members of the Edo State Civil Society Organisation (EDOCSO), called for urgent reversal of the fuel pump price.


Wielding placards with inscriptions such as “Nigerians can’t buy petrol at N520”; “We can’t buy petrol at N520 but N210”; “Petrol must be N210 till July end”, the protesters said Nigerians awere already confronted with numerous challenges..


The development, however, caused gridlock, forcing commuters to trek to their destinations.


Addressing journalists, former coordinator general, EDOCSO, Omobude Agho, said the protest was to get the attention of President Bola Tinubu so that he could look into the fuel pump price.

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