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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NIGERIA IMMIGRATION SERVICE ISSUES OVER 2M PASSPORTS IN 2023 AMID 'JAPA' TREND. (PHOTO).

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 Nigeria Immigration Service issues over 2m passports in 2023 amid ‘Japa’ trend


The Comptroller-General of Immigration, Caroline Wura-Ola Adepoju, disclosed in a virtual lecture hosted by the Nigerians in Diaspora Commission (NIDCOM) that the Nigeria Immigration Service (NIS) issued more than two million passports in 2023.


Titled ‘New Passport Policy/Processes for Nigerians in the Diaspora Confirmation,’ the lecture discussed the notable surge in passport applications, primarily attributed to the widespread ‘Japa’ movement of mass relocation to developed nations.


Adepoju drew attention to the recent spike in passport issuances, pointing out that 1.3 million passports were issued in 2021 and 1.5 million in 2022—a 50% increase—were issued.


The figures increased by more than 100% in 2023, to a total of 2,141,300 passports issued.


The recent automation of the passport process, which lessens the need for human interaction with immigration authorities, was welcomed by the Comptroller-General. More than 100,000 online applications have been received since the automated system was put into place last month, and more than 80% of them were processed without any problems. The goal of this reform is to lessen the strain on Immigration Service facilities around the country.


The Interior Minister, Hon. Olubunmi Tunji-Ojo, promised Nigerians living abroad that the lengthy waiting period will be eliminated from the passport application procedure.


The Minister and the CGI were praised for their quick accomplishments by Hon. Abike Dabiri-Erewa, Chairman/CEO of NIDCOM, who also emphasized the good effects on Nigerians’ well-being.


In a related development, Dr. Yemi Cardoso, the governor of the Central Bank of Nigeria, voiced concern about the growing value of the naira relative to the dollar during a sectoral debate hosted by the House of Representatives. He attributed this increase to growing patterns in medical and educational travel.


In particular, through increased agricultural output, Dr. Cardoso informed the public that the CBN is actively working toward sustainable solutions to reduce inflation down to 21.4%.

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