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 COMPLETES PAYMENT OF OVER 292 MILLION NAIRA TO NEXT OF KIN. (PHOTOS).


 Jigawa Pension Completes Payment Of Over 292 Million Naira To Next Of Kin


Jigawa State and local government contributory pension scheme says it has completed the payment of over two hundred and ninety two million naira to relations of eighty six staff who died in active service in the state. 


The Executive Secretary of the board, Alhaji Kamilu Aliyu Musa disclosed this to Radio Nigeria in Dutse, the state capital. 


He explained that, the board had disbursed over two hundred and ninety two million nine hundred and sixty one thousand naira to next of kin of eighty six staff who died while on active service in the state. 


Alhaji Kamilu Aliyu Musa, said the payment was categorized into four categories. 


According to him, 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 one point five billion naira. 


The Pension Boss further explained that,  thirty eight retirees who retired from service and started receiving monthly pension but died before reaching their minimum period of five years after retirement were also paid over twenty  three million eight hundred and thirty eight thousand naira. 


He expressed appreciation to Governor Umar Namadi for his care and magnanimity to Pensioners in the state. 


He added that the prompt payment of Pension and gratuity has helped to brighten up the heart of pensioners. 


In an interview with Radio Nigeria, some of the beneficiaries, commended the state government and the pension board for the gesture.


It could be recalled that, over one point eight Billion naira was disbursed as payment of terminal benefits to over 700 retired civil servants who exited from active service on attainment of thirty-five years in service. 


More photos below. 



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