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 SPEND N3M ON DIESEL EVERY MONTH '- SINGER PAUL OKOYE LAMENTS. (PHOTO).

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 'I spend N3m on diesel every month' - Singer Paul Okoye laments


Singer, Paul Okoye, aka Rudeboy of Psquare group, has bemoaned the excruciating economic hardship since the increase in price of petroleum products.


Paul lamented that he bought his first car for N120,000 many years ago but currently spends N3 million monthly on buying diesel.


Describing the economic situation as a “total madness,” Rudeboy said he can’t imagine what the “common man” is going through.


“I bought my first car 120k naira years back and I was very proud of that… Now I spend 3m naira on diesel for just a month… Total madness.


“Only God knows what a common man is going through.” he wrote on his Instagram story

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