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 PICKETS NERC, DISCOs, OVER HIKE IN ELECTRICITY TARIFF. (PHOTO).

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 The Nigeria Labour Congress-NLC and the Trade Union Congress-TUC will today protest against the hike in electricity tariff at offices of the Nigerian Electricity Regulatory Commission-NERC and Distribution Companies-DisCos nationwide.


This was made known in a joint statement by NLC’s Acting General Secretary, Chris Uyot and his TUC counterpart, Anka Hassan.


According to the statement, the labour unions said they were protesting to the NERC and Disco’s office after a Sunday reversal deadline failed.


The protest action followed a hike in the tariff for electricity consumers who enjoy at least 20 hours of daily power supply.

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