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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GOV. MUFTWANG OF PLATEAU, PRESENT 2024 BUDGET TO THE STATE ASSEMBLY. (PHOTO).

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Gov. Muftwang of Plateau, Present 2024 Budget to the State Assembly 


Plateau State Governor, Barr. Caleb Mutfwang, has presented a budget of N295,434,568,464 for the year 2024 to the Plateau State House of Assembly for consideration. 


the budget was presented at the state House of Assembly complex Jos the plateau state capital.


The budget, which was tagged "Budget of New Beginnings," was aimed at laying a strong foundation for peace and prosperity of Plateau State.


Governor Mutfwang explained that the proposed 2024 budget is significantly higher than the approved budget for 2023, totaling N145,483,233,873.


 He attributed this increase to his administration's commitment to implementing a budget that enhances the state's socio-economic development of the state.


The Governor outlined the key focus areas of the budget, which include good governance, agricultural transformation, education, human capital development, public health, environment, mineral development, infrastructure, industrialization, and taxation/revenue mobilization.


The budget comprises a recurrent component of N157,563,316,462, representing 53.33%, and a capital estimate of N137,871,251,992, accounting for 46.66% of the total budget. 


Funding sources include internally generated revenue (IGR) of N38,360,874,931, Government share of FAAC amounting to N151,424,566,079, and N105,649,127,454 from capital receipts.


Governor Mutfwang emphasized that his administration's commitment to addressing the state's infrastructural and human capital development deficits with the available resources. 


He also urged citizens to fulfill their tax obligations promptly, emphasizing the importance of teamwork and efficient development in the state.


Rt. Hon. Moses Sule, Speaker of the Plateau State House of Assembly, described the budget as a lifeline for the people of Plateau State and pledged the House's commitment to expedite its passage to accelerate development in the state.

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