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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TINUBU SIGNS INTO LAW BILL RAISING JUDGES’ RETIREMENT AGE.(PHOTO).

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TINUBU SIGNS INTO LAW BILL RAISING JUDGES’ RETIREMENT AGE


President Bola Tinubu has assented to the 1999 Constitutional Amendment Bill pertaining to the retirement age of judicial officers in Nigeria.

The Director of Information to the President, Abiodun Oladunjoye, who made this known in a statement on Thursday said Tinubu signed into law the “Constitution of the Federal Republic of Nigeria, 1999 (Fifth Alteration) (No. 37), 2023,” presented by the outgoing 9th National Assembly.

With the enactment of the amendment bill, the retirement age of High Court judges has been raised from 65 to 70 years.

It also implies that judicial officers’ retirement age and pension rights have been effectively brought into uniformity, among other related matters.

While signing the amendment bill into law, Tinubu pledged his administration’s commitment to strengthening the judiciary, ensuring the rule of law, and empowering judicial officers to execute their responsibilities effectively.


 

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