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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IBADAN RESIDENTS PROTEST HARDSHIP UNDER TINUBU. (PHOTOS).

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 Ibadan residents protest hardship under Tinubu


Some Nigerians in Oyo State, South-West Nigeria are currently protesting the high cost of living, food inflation and economic hardship in the country. 


Recall that Nigerians have continued to face various degrees of economics hardships since President Bola Tinubu announced the removal of petrol subsidy on May 29, 2023.


Staged in the Mokola area of Ibadan, the state capital, placard-carrying youths in their numbers chanting songs to drive home their points.


Some of the placards have inscriptions such as ‘No more Emilokan’, ‘End food hike and inflation’, ‘The poor is starving’, ‘Tinubu, don’t forget your promises’, amongst others.


Armed policemen were seen at the protest scene even as demonstrators held the peaceful rally against the economic hardship in the land occasioned by the removal of petrol subsidy and the unification of the foreign exchange windows.


The police had warned that no breach of peace would be allowed during any protest in the state.


The protest in Oyo followed others in Kano, Minna, amongst others, over economic hardship occasioned by petrol subsidy removal, food inflation, and high cost of living.

One more photo below. 

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