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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N585M SCANDAL: PERM SEC ENITAN ASSUMES LEADERSHIP AFTER BETTA EDU’S SUSPENSION. (PHOTO).

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N585m Scandal: Perm Sec Enitan assumes leadership after Betta Edu’s suspension


In the aftermath of the suspension of the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, the Permanent Secretary of the ministry, Abel Olumuyiwa Enitan, has taken charge in accordance with President Bola Ahmed Tinubu’s directive.


This comes amidst the unfolding scandal involving the alleged payment of public funds into private accounts.


Abel Olumuyiwa Enitan assumed the role of overseeing the Ministry of Humanitarian Affairs and Poverty Alleviation following a letter from the office of the Secretary to the Government of the Federation (SGF), delivered Monday night. The swift transition of responsibility aligns with President Tinubu’s directive, as conveyed by his Special Adviser, Ajuri Ngelale, urging the suspended Minister to “hand over to the Permanent Secretary.”


President Tinubu’s directive also emphasized Dr. Betta Edu’s obligation to cooperate fully with investigating authorities during their inquiry into the alleged financial irregularities.


Additionally, a panel headed by the Coordinating Minister of the Economy and Minister of Finance has been tasked with conducting a comprehensive diagnostic on the financial architecture and framework of the social investment programs. This initiative aims to reform relevant institutions and programs to eliminate institutional frailties and restore public confidence.


The development has triggered diverse reactions, with stakeholders expressing their views on the unfolding scandal and the subsequent actions taken by the government. Civil society organizations and political commentators are closely monitoring the situation, emphasizing the need for transparency and accountability in handling public funds.

 

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