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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BANKS ARE THE ONE DELAYING CORPS MEMBERS JUNE ALLOWANCE- NYSC.(PHOTO).

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Banks are the one delaying corps members June allowance – NYSC

The National Youth Service Corps said the delay in the payment of June allowance to corps members is from the banks, saying it has completed all arrangements for the payment since June 27.

The Director, Press and Public Relations, NYSC, Eddy Megwa, in a statement released on Sunday in reaction to agitations over the delay, assured that the corps management is interfacing with the banks to fast-track payment.

He said: “The Management of National Youth Service Corps wishes to state that it is aware of worries and agitations by corps members over the delay in the payment of their June 2023 monthly allowance.

“For the avoidance of doubt, the scheme completed all arrangements for the payment of corps members’ allowance since June 27, 2023, and remittances were made the same day to various banks accordingly.

“The delay being currently experienced is due to the administration of funds by various banks who are yet to credit Corps Members’ accounts.

“In line with the above, NYSC management is assiduously interfacing with the banks to fast-track the payment of corps members’ June allowance without further delay.”

He enjoined corp members to “remain calm, law-abiding and dutiful in their respective places of national service as the scheme will continue to treat issues relating to their welfare with utmost priority”.

 

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