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

ALLEGED N3TRN BUDGET PADDING: NORTHERN SENATORS DIVIDED, LAWMAKERS RAP NINGI. (PHOTO).


 Alleged N3trn budget padding: Northern Senators divided, lawmakers rap Ningi


…as Karimi, Zam, Sheu disagree with him on allegations against Tinubu, Akpabio, Senate


. Urge Ningi to rein in trouble makers, warn ‘you can’t use us to blackmail budget process done in good faith’


Three senators – Steve Sunday Karimi, Titus Tartenger Zam and Kaka Sheu – on Sunday, said the allegation of budget padding levelled against Senate President Godswill Akpabio by their colleagues in the Northern Senators Forum is unfounded, baseless and a figment of their imagination.


They therefore warned against what they described as the antics of blackmailers bent on creating an atmosphere of crisis in the upper Chamber of the National Assembly.


Karimi, Zam and Sheu, while speaking on behalf of the Northern Senators’ Forum, also said no room should be allowed for division and acrimony between Senators from the North and South by those who may not want to accord priority to national unity and harmony.


Northern Senators Caucus Leader, Abdul Ningi, had in an interview with BBC Hausa on Saturday alleged that what Senate debated and passed as 2024 budget was N25trilion and not the N28trillion being implemented by the Tinubu-led administration.


Ningi had therefore vowed that the alleged N3trn insertion in the 2024 budget would be investigated.


But in their joint statement, Karimi, who is from Kogi State; Zam from Benue State and Sheu from Borno State, on behalf of the Northern Senators’ Forum, said they cannot be used to blackmail the budget process, which was done in good faith.


At a meeting last week, some northern Senators accused the Senate President of inserting projects worth N4trillion in the 2024 budget.


They had alleged that the projects, which had no locations, were inserted into the budget, which they also claimed was lopsided against the North and some parts of the South.


The Northern Senators had also accused Akpabio of railroading the Senators to hurriedly pass the budget, adding that it favoured Akpabio and his cronies.


However, shedding light on what transpired at last week’s meeting, Karimi, Zam and Sheu said it was only resolved that the report of the consultant engaged by the Northern Senators’ Forum be subjected to further scrutiny, as the entire appropriation process was a combination of work, from the Executive, actively represented by the Minister of Budget and National Planning and other ministers, the House of Representatives Committee on Appropriation and the Senate Committees on Appropriation.


Dismisssing the allegation of padding as a ruse, they said while the Executive brought a budget proposal of N27.5trillion, the Senate passed a budget of N28.77trillion.


They queried, “The difference was N1.27trillion, coming from all three arms of government. Where is the additional so-called padding of three trillion Naira coming from? It was resolved that the Northern Senators’ Forum consultant’s report be looked into by essential committees of the Senate and House of Representatives before jumping to a conclusion.”


Karimi, Zam and Sheu therefore urged the Northern Senators Caucus Leader, Abdul Ningi, to “rein in those who think a crisis-ridden Senate would better profit them.”


Noting that the North has provided leadership in Nigeria and enjoyed the support of other regions seamlessly, they said the representatives of the North should not appear to act as instruments of destabilisation now that power has shifted to the South.


In their view, the North can agitate for a fair share of the national pie, but within the ambits of decency, decorum and diginity.


They added, “Senator Ningi has not given a correct information. He is yet to even give the Senate President or the Speaker of the House of Representatives a copy of what he claims to have discovered in the 2024 Appropriation Act before levelling allegations of budget padding against the President, the Senate President and the Senate.


“President Tinubu presented a budget estimates of over N27 trillion on 28th November to the National Assembly, which passed a budget of over N28 trlllion ; which became an Act of Parliament on 1st January 2024.


“Where did Sen Ningi get his Appropriation Act of N25 trillion? What about the extra requests that chairmen of appropriation committees of both chambers claimed came from the Executive after submission of the initial over N27 trillion proposals by Mr President?


“So, how did Sen Ningi’ s budget analyst get the N3trillion budget padding allegations? Must we attempt to give a dog a bad name to hang it? Are APC members of Northern Senators Forum that PDP Senator Ningi claims to lead oblivious of the anti-Tinubu/Akpabio undertones. The National Assembly should not be denigrated.”

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