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

JIGAWA PENSION BOARD PAYS OVER N1.823 BILLION TO 702 RETIREES. (PHOTO).


Jigawa Pension Board Pays Over N1.823 Billion TO 702 Retirees

Over N1, 823 Billion was disbursed as payment of terminal benefits to 702 who exited from active service on attainment of 35 years in service between the period of 2023 to January this year by the Jigawa State and Local Government Contributory Pension Scheme Board.

The Executive Secretary of the Board, Alhaji Kamilu Aliyu Musa, made this known while addressing the beneficiaries at the premises of the Board in Dutse. 

He said the payment was categorized into four categories, indicating that the first batch of 577 retired staff consist of those who retired either by reaching the mandatory retirement age of 35 years in service or sixty years by birth were paid over 1.5 Billion naira.

According to him, the second categories of 86 staff are those who died while on active service, where their relations were paid the sum of over 292 million naira. 

He said, the third batch consist of 38 retirees who retired from service and started receiving monthly pension but died before reaching their minimum period of five years after retirement were paid over 23 million naira.

Alhaji Kamilu Aliyu Musa pointed out that, the last batch was beneficiary who did not contribute up to a period of five years, and the law stated that for every staff to qualify to be paid from the scheme was for him to contribute for a minimum period of five years.

He said, "under this category, we have paid one person, the sum of N21, 446.02 including 15% interest".

The Executive Secretary warned Pensioners across Jigawa State to be wary of fraudsters.

“Our services are free; never bribe any of our staff for your terminal benefits, as we worked under guidelines establishing our Board in line with consonant of Pension regulations.”

Kamilu Aliyu Musa called on citizens of the State to continue to support the Government with their prayers in order to achieve a better Jigawa where everyone will be comfortable in the shared prosperity agenda of the State.

He expressed appreciation to Jigawa state Governor Umar Namadi FCA for his care and magnanimity to Pensioners in the state,adding that the prompt payment of Pension and gratuity has helped to enliven the heart of Pensioners and prayed that God would continue to fortify him to do more.

He stated that the gesture would enhance service delivery as well as bolster the well-being of the retirees to enjoy a fulfilled life after service.

The Executive Secretary noted that, the State Government and the Board will continue to ensure prompt payment of Pension and other entitlements to workers for better service delivery, well being of retirees and fulfilled life after service. 

Some of the beneficiaries, thanked the Governor for prioritizing issues concerning Pensioners welfare.



 

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