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

'EVERYTHING'LL BE ALL RIGHT- TINUBU'S DAUGHTER ASKS NIGERIANS TO BE PATIENT WITH HER FATHER. (PHOTO).


 ‘Everything’ll be all right — Tinubu’s daughter asks Nigerians to be patient with her father


Folashade Tinubu-Ojo, daughter of President Bola Tinubu, says the current economic hardship is not peculiar to Nigeria alone.


Speaking with journalists at the 2024 Mawlid Nabiyy of the Lagos state chapter of Aljamahatul Qadiriyyah Islamic Movement, Tinubu-Ojo, said the world is experiencing an economic downturn.


However, the president’s daughter, who is also the Iyaloja General of Lagos, urged Nigerians to have patience and keep hope alive.


“My message to all Nigerians is to please exercise a little more patience. Everything will be alright; it’s just a matter of time,” she said.


“We need to keep our hope alive. There is an economic downturn all over the world, and not in Nigeria alone. But we pray Allah will see us through.”


Earlier, her brother, Seyi, provoked a chorus of condemnation on Monday after he urged Nigerians to be patient with the current administration. 


In an Instagram post, Seyi pleaded with Nigerians to endure the current economic hardship.


Seyi, while quoting his dad in the post, said Nigerians need to endure the trying times for “a better future”.


“There is no joy in seeing the people of this nation shoulder burdens that should have been shed years ago. I wish today’s difficulties did not exist. But we must endure if we are to reach the good side of our future,” – President of the Federal Republic of Nigeria Bola A Tinubu,” he wrote.


Seyi’s post, however, did not go down well with many Nigerians on social media.


The remarks from the children of the president come at a time when many Nigerians are protesting against the economic hardship in the country.


Residents of Ibadan, the Oyo state capital, took to the streets on Monday to decry the state of the nation.


 Protests have also been staged in Kano, Ogun, Niger and Sokoto states.


The labour union has also announced a nationwide protest on February 27 and 28 over the rising cost of living.


Food prices have been on the rise since President Tinubu pronounced an end to the petrol subsidy regime on May 29, 2023.


There have also been reports about an imminent increase in the cost of fuel from N585.

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