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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LABOUR UNION PICKETS HERITAGE BANK OVER SACK OF 1,000 SUPPORT WORKERS. (PHOTO).

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 Labour Union Pickets Heritage Bank Over Sack Of 1,000 Support Workers


Labour union on Thursday, picketed the headquarters of the Heritage Bank at Victoria Island, Lagos, over the sack of 1, 000 support workers.


The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, during the protest, said the leadership of the bank did not follow due process before taking action.


According to him, the union would intensify its demands for justice, calling on the bank’s management to do the needful.


Effort to speak with the bank’s management proved abortive as they declined to speak.

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