LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

-
Image
 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
Post a Comment

COVID-19: REPS COMMENCES INVESTIGATIVE HEARING ON ALLEGED MISMANAGEMENT OF INTERVENTION FUNDS.(PHOTO).

-


COVID-19: REPS COMMENCES INVESTIGATIVE HEARING ON ALLEGED MISMANAGEMENT OF INTERVENTION FUNDS


The House of Representatives is set to commence an investigative hearing on the alleged mismanagement of COVID-19 Intervention Funds expended between 2020 and 2022.

  In a statement by the spokesman of the House of Representatives notes that the series of hearings is organised by the House Public Accounts Committee.

According to the statement the Chairman House Committee on Public Accounts Committee Bamidele Salam, highlighted fifty-nine, (59) Ministries, Departments, Agencies and Parastatals of Government issued notices to appear before the Committee based on a schedule of appearance previously made public.

These MDAs grouped into eight (8) include the Accountant-General of the Federation, Nigerian Export Promotion Council (NEPC), Federal Airports Authority of Nigeria (FAAN), Nigerian Airspace Management Agency (NAMA), Nigerian Meteorological Agency, and the Rural Electrification Agency.

Others include the Nigeria Centre for Disease Control (NCDC), National Institute for Pharmaceutical Research and Development (NIPRD), National Obstetric Fistula Centre, Abakaliki, as well as a large number of Federal Medical Centres, Federal University Teaching Hospitals and Federal Neuro-Psychiatric Hospitals across the country.

The National Commission for Refugees Migrants and Internally Displaced Persons Offices, National Directorate of Employment (NDE), Federal Road Maintenance Agency (FERMA), a host of federal ministries and various security agencies such as the Nigerian Airforce, Nigeria Police Force, and the Federal Fire Service make up the remaining institutions invited.

The House notes that each MDA is to be represented by its Chief Executive Officer, Head of Finance, Head of Procurement and Officers that are conversant with the expenditures of the COVID-19 Intervention Funds. 

 The House of Representatives had in October 2023 resolved to investigate management of the funds following a motion sponsored by a member Zakaria Dauda Nyampa from Adamawa State titled *“Investigation of Alleged Mismanagement of COVID-19 Intervention Funds from 2020 to 2022.”* 

  In his presentation, the Adamawa State Federal Lawmaker recalled that COVID-19 broke out as a major pandemic in 2019 affecting families, businesses, and economies of the nations of the world. 

 The lawmaker noted that a report of the Auditor-General’ and other sources revealed that significant funds for COVID-19 palliatives and international donations were diverted and unaccounted for by various Ministries, Departments and Agencies of Government.

  The Green Chamber in its resolution consequently mandated the Public Accounts Committee to investigate the expenditure of funds appropriated or disbursed as COVID-19 intervention funds to Government agencies within the period and report back for further legislative action.

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).

-
Image
  SSANU, NASU threaten strike over withheld salaries The Joint Action Committee of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Educational and Associated Institutions have threatened to disrupt industrial peace in universities should the government fail to release the withheld salaries of members. The salaries were seized by the administration of former President Muhammadu Buhari during their strike in 2022. The unions, in a joint letter signed on Friday by the President of SSANU, Muhammed Ibrahim and General Secretary of NASU, Peters Adeyemi, questioned the rationale with which the government released four months withheld salaries to members of the Academic Staff Union of Universities but failed to release the withheld salaries of non-academic staff. The unions noted that they would no longer be able to assure the government of industrial peace in universities should the amounts owed by the government are not released. Earlier, the unions
Read more