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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TINUBU’S GOVT SENDS NEW BILL TO REGULATE SOCIAL MEDIA TO NATIONAL ASSEMBLY, SAYS "IT'S A MONSTER".(PHOTO).

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Tinubu’s Govt Sends New Bill To Regulate Social Media To National Assembly, Says “It’s A Monster”

October 11, 2023

The President Bola Tinubu-led federal government is proposing new social media regulations in a fresh bill sent to the National Assembly.

According to the National Broadcasting Commission (NBC), the bill is seeking to repeal and reenact the NBC act, CAP L11 laws of the federation of Nigeria 2004.

Speaking when he hosted Mohammed Idris, minister of information and national orientation, at the commission’s headquarters on Tuesday, Balarabe Ilelah, NBC director-general, described the ills of social media as a “monster”.

Ilelah said the current law does not give the NBC the right to regulate social media.

He said: “We want to tell you that a bill for an act to repeal and amend the National Broadcasting Commission (NBC) act, CAP L11 laws of the federation of Nigeria 2004, to accommodate the transition from analogue to digital broadcasting service, also to promote quality audio and video, efficient management of the spectrum, Nigeria Broadcast Institute, social media regulation and related matters has been read for the first time on the floor of the national assembly,” the DG said.

“All these that are mentioned are not captured in the present act of the commission. We have already submitted a bill to amend the act.

“One of our major problems now is social media. Unless there is a law that allows NBC to act on social media issues, the issue will continue to be a monster in our daily lives in this country.”

Ilelah said the commission has the right to punish any broadcaster in line with the act establishing NBC.

“We have powers, we derive our powers from the act, and we have the powers to sanction stations. We don’t want to sanction, we prefer to bring them together for negotiation, for understanding,” he said.

“We only apply sanctions when there is no way out of it. We don’t want the stations or the stakeholders to see NBC as an enemy. If you mention NBC anywhere, the first impression is sanctions.

“In 2023, a total of 1,238 warnings were given, while during the same year, six different stations were penalised.”

On his part, the information minister said the NBC should work with the media so they do not see the commission as “punitive”.

Thereafter, the minister took a tour of the facilities of the commission.

 

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