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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ANAMBRA ASSEMBLY REPEAL LAW ON NEWSPAPERS AND PRINTING CORPORATION. (PHOTO).#PRESS RELEASE

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Anambra Assembly repeal law on Newspaper and Printing Corporation

By Chizoba Okeke/ Anastasia Agunwa/Gloria Abugu

The Anambra State House of Assembly on Thursday repealed the law establishing the state's Newspapers and Printing Corporation, publishers of the state-owned National Light Newspapers.

The House passed the bill during the plenary session through a voice vote conducted by the Speaker, Dr. Somtochukwu Udeze.

The Majority Leader of the House, Mr. Ikenna Ofodeme had on November 21, sponsored and presented a Bill to repeal the Anambra State Newspapers and Printing Corporation, 1994, and to provide for related matters.

According to him, the Corporation has become moribund, economically unviable, and no longer fit for purpose.

The  Speaker said that Clause 2 of the newly passed Bill has it that, "The  Anambra State Newspapers and Printing Corporation Law 1994 is repealed.

“The bill further stipulates the transitional provisions under which the Governor, at his discretion, may redeploy all the supporting staff of the Corporation to Ministries, Departments, and Agencies upon the commencement of this law.

"Pay compensation to all the staff of the former state corporation given their deployment and pay the staff their gratuities and pensions.

"The law may be cited as the Anambra State Newspapers and Printing Corporation Repeal Law, 2023, and shall come into force on December 14, 2023," he said.

Udeze, therefore, asked the Acting Clerk of the House, Mr Okechukwu Nwobi, to send the clean copy of the bill to the Governor for his assent.

The Law establishing the Anambra State Newspapers and Printing Corporation came into existence in 1994; and with this development, the state-owned newspapers and printing corporation will no longer exist.

*_Chizoba and others are of the Anambra State Ministry of Information.*_


 

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