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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REPS SUMMON LOKPOBIRI, EKPO, KYARI OVER PETROL SCARCITY. (PHOTO).

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 Reps Summon Lokpobiri, Ekpo, Kyari Over Petrol Scarcity


The House of Representatives, on Tuesday, passed a resolution to invite the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri; and his counterpart for the gas sector, Ekperikpe Ekpo; over the fuel scarcity being experience in the country. 


The green chamber also summoned the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, over petrol shortages in the country.


This followed a motion of urgent national importance by a member of the House, Umar Ajilo, raising concerns over lingering queues at petrol stations nationwide.


The House expects the ministers and the NNPCL boss to explain the true reason for the scarcity and the measures put in place to bring it to an end. No date has been set for the engagement.


Fresh queues resurfaced in the country last week, lingering into the new week as stranded motorists buy petrol for as high as N800 per litre, while black marketers rake in as high as N1,500 per litre.


Meanwhile, the House has asked the Nigerian Electricity Regulatory Commission (NERC) to suspend the implementation of the new tariff.


The lower legislative chamber also passed the resolution during plenary session on Tuesday following the adoption of a motion of urgent public importance by a lawmaker, Kama Nkemkanma.

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