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

FUBARA ORDERS AUDIT OF LGs ACCOUNT IN RIVERS.(PHOTO).


 Fubara orders audit of LGs accounts in Rivers


Governor Siminalayi Fubara of Rivers State has ordered the audit of the accounts of the 23 Local Government Areas for the past three years.


Fubara gave the order to the Auditor General of the state on Wednesday while swearing in the Caretaker Committee Chairmen of the local councils at the Executive Council Chamber of the Government House in Port Harcourt, the state capital.


The governor said the audit of the accounts is intended to serve as a check for the incoming chairmen and make the local councils more accountable.


Fubara urged the caretaker chairmen to protect the interests of their people, not to see themselves as superheroes and to demonstrate that the government was right in appointing them.


He, however, cautioned that their tenure would not be excessively long, because the process for local government area elections would commence soon.


The governor also ordered a probe of the tenures of the outgoing local government chairmen, saying that the current events in the state are a product of democracy.


He warned against violence, stating that it is not his approach, urging the officials to sort out the salaries and entitlements of the outgoing chairmen.


Fubara explained that the fight against tenure extension is not just about the state, but the entire country, as allowing it in one state could lead to it being replicated nationwide.


The governor pointed out that Rivers State was not doing anything unusual, as most states in the country are also run by caretaker committees.

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