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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I THOUGHT TINUBU UNDERSTOOD ECONOMICS; I'VE REALISED HE'S JUST A BOOKKEEPER- PDP CHIEFTAIN, PEARCE.(PHOTO).

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I Thought Tinubu Understood Economics; I've Realised He's Just A Bookkeeper —PDP Chieftain, Pearce


member of the Peoples Democratic Party (PDP) National Presidential Campaign Council, Adetokunbo Pearse, has said that President Bola Tinubu is just a bookkeeper, describing his economic policies, especially on petrol subsidy removal as a disaster.


Pearse who spoke while featuring on a Channels TV programme, on Monday, said Nigerians desire to know the actual landing cost of Premium Motor Spirit (PMS) popularly known as petrol.


He said instead of destroying the economy with total subsidy removal, President Tinubu should have thoroughly scrutinised the Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, over the fluctuations in landing cost.

 

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