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. FUBARA PRESENTS 2024 BUDGET TO FIVE-MEMBER OF RIVERS STATE ASSEMBLY. (PHOTO).

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Gov Fubara presents 2024 budget to five-member Rivers Assembly

Rivers State Governor, Siminalayi Fubara, on Wednesday, presented the 2024 Appropriation Bill to the state House of Assembly.

Governor Fubara made the presentation during a plenary constituted by only five members of the House loyal to him.

This development is coming a few moments after the state government commenced the demolition of the House of Assembly complex.

Recall that 27 members of the House who are loyal to the Minister of the Federal Capital Territory and former governor of the state, Nyesom Wike, had dumped the Peoples Democratic Party for the All Progressives Congress.

The 27 lawmakers were not around when the Governor presented the budget on Wednesday.

 

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