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

SENATE AMENDS RULES, STOPS FIRST TIMERS FROM BECOMING PRESIDENT, DEPUTY. (PHOTO).


Senate amends rules, stops first timers from becoming president, deputy

The Senate on Tuesday amended its standing rules to prevent first-time senators from contesting for the office of the President of the Senate and that of the Deputy President of the Senate.

The amendment was carried out at the plenary after the Leader of the Senate, Senator Opeyemi Bamidele, moved a motion for the amendment of standing rules to accommodate new standing committees.

The motion, which was seconded by the Senate Minority Leader, Senator Simon Mwadkwon, overwhelmingly received support of all the senators across all political affiliations when the President of the Senate, Senator Godswill Akpabio put on voice vote.

At the plenary, also, the Senate carried out nine other amendments aimed at accommodating new standing committees.

As shown in its motion, the Senate created the Committee on Atomic and Nuclear Energy, which would oversee the Nigeria Nuclear Energy Regulatory Commission, Nigeria Atomic Energy Commission and their annual budget estimates.

The Senate also bifurcated the Committee on Federal Capital Territory (FCT) into two different standing committees namely the Committee on FCT and Committee on FCT Area Councils.

The Senate resolved that the Committee on FCT would oversee matters affecting the FCT, Planning and Development of the new Federal Capital Territory and control of development within the Federal Capital Territory and its annual budget

The upper chamber further resolved that the Committee on FCT Area Councils would oversee Area Council Mandate, Area Council Service Commission, Area Council Staff Pension Board, Auditor- General for the Area Council and other agency or department under FCT.

The Senate similarly divided the Committee on Sports into two standing committees to now reflect the Committee on Sports Development as well as Committee on Youth and Community Engagements.

According to the Senate, the jurisdiction of the Committee on Sports Development shall include Federal Ministry of Sport Development, National Lottery Commission, National Institute for Sports, Nigeria Football Federation, Sport Arena Development, national and international sporting activities, sports administration and annual budget estimates.

The Senate further said the jurisdiction of the Committee on Youth and Community engagements should include Federal Ministry of Youth Development, National Youth Service Corps, Citizens and Leadership Training Centre, Offices of the Senior Assistant to the President on Community Engagement in the six geo-political zones, youths movements activities and associations and its annual budget estimates.

The Senate also divided the Committee on Solid Minerals, Steel Development and Metallurgy into the Committee on Solid Mineral Development and the Committee on Mines and Steel Development.

The Senate said the Committee on Solid Mineral Development “shall oversee Federal Ministry of Solid Mineral Development, Nigerian Geological Survey Agency, Mining Cadastre Office and Council of Nigerian Mining Engineers and Geoscientist, Nigerian Metallurgical Training Institute, Solid Minerals Development Fund, Nigeria Institute of Mining and Geoscience, National Metallurgical Development Centre, exploration of minerals extraction and quarry, geological survey and minerals investigation as well as explosives.

“The Committee on Mines and Steel Development shall oversee Federal Ministry of Mines and Steel Development, Aluminum Smelting Company of Nigeria, Ajaokuta Steel Development Company, National Iron Ore Mining Company, National Steel Raw Material Exploration Agency and their budgets.”

 

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