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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WE WON'T PAY A DIME TO KIDNAPPERS AS RANSOM -FG.(PHOTO).

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We won't pay a dime to kidnappers as ransom - FG


The federal government has said that it won't be paying any ransom to kidnappers. 

 

Addressing newsmen after the Federal Executive Council (FEC) meeting at Aso Rock on Wednesday, March 13, Minister of Information and National Orientation, Mohammed Idris said they are working round the clock to make sure that those kidnapped were returned to their families.

 

He said; 

 

“Now, it is true that some of these are happening. We have seen what has happened in Kaduna, in Borno and then in Sokoto. Of course, the government is watching that very closely and not just watching, also ensuring that security agencies are taking proactive steps to ensure that this is halted significantly.

“Now, like I said, Mr. President has said that is an unacceptable situation and the government will not condone abductions or kidnappings or any kind of criminality in that direction. We’re seeing this happening and government is taking very proactive steps, first to mitigate that, and also to stop the spread of this apparently.


“We are seeing that the more the security agencies are also hitting these targets or criminals, the more they are pushed to also getting some soft targets. But government is not taking any excuses.


“So, it’s important to underscore that no dime, government is not paying anybody any dime and the government is optimistic that these children and other people that have been abducted will be brought back to their families in safety.”

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