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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NIGERIA COACH PESEIRO EXTENDS CONTRACT DESPITE NFF REDUCE HIS PAY.(PHOTO).

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Nigeria coach Peseiro extends contract despite NFF reduce his pay

Jose Peseiro will continue as Nigeria’s coach despite agreeing to a pay cut, the Nigeria Football Federation announced Sunday.

The NFF said in a statement that the 63-year-old will now lead Nigeria to the Africa Cup of Nations after his initial one-year contract ran out in July.
His initial contract paid him $70,000 a month, but it is understood the new agreement will have his monthly pay at $50,000 after the federation said they could no longer afford his previous salary.

He has been handed the target of leading the Super Eagles to at least the semi-finals of the Africa Cup to be hosted by the Ivory Coast in January.

The three-time African champions have 12 points from five qualifying matches and have already secured a place at the tournament.

However, they will need at least a point against Sao Tome and Principe next weekend to win their group ahead of second-placed Guinea Bissau, who are on 10 points and play at home to Sierra Leone.

Nigeria has called up several uncapped players including Victor Boniface, Gift Orban and Jordan Torunarigha for the match.

 

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