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

ABIA BREAKS SILENCE ON SPENDING N927M FOR GOV'S FEEDING. (PHOTO).




 Abia breaks silence on spending N927m for Gov’s feeding


The Abia State Government has described reports Governor Alex Otti spent over N900 million on feeding and welfare from July to September 2023 as false.

Several reports claimed Otti spent N927 million within three months on refreshments/meals, settlement of honorarium, allowances and welfare packages.

A statement by Commissioner for Budget and Planning, Kingsley Anosike, described the reports as “a reflection of the mindset of the opposition to create mischief”.

He explained that the expenditure “was not by the Governor’s office as alleged, but by the entire ministries, departments and agencies” in the State.

Anosike said: “Following the publication of the Q3 budget report of the Abia State Government, and in line with the government’s commitment to transparency, good governance, and fiscal discipline, it has become necessary to shed more light on the aforementioned report.

“This is even more so when there are certain distorted reports on social media alleging that the Abia State Government had spent close to N1 billion on feeding and welfare for the Governor’s Office, within the period under review.

“The accurate situation is that nothing in that region has been spent in the Governor’s Office”.

Anosike explained the total amount spent so far by the entire Government for refreshments and meals for the period is N223,389,889.84.

“This figure is for the entire state and not for the Office of the Governor, as being erroneously portrayed. The stated figure covers expenses for special events, such as retreats, conferences, and related events.

“For welfare, the Abia State Government has so far spent the sum of N397,520,734.84. The Welfare expenditure is in line with the State Fiscal, Transparency, Accountability, and Sustainability Programme; an initiative of the Federal Government.

“Also note that the welfare expenditure covers all the Ministries, Departments, and Agencies and not just the Governor’s Office, as wrongly alleged. Expenses under welfare deal with issues of health, rehabilitation, and public emergencies

“The figure is an aggregation of all the spending under this headline across the 76 MDAs in the state. The way it was presented was not well captured and completely misrepresented,” he concluded.

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