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

MINIMUM WAGE: FG URGES LABOUR TO SETTLE FOR WHAT WILL NOT UNDERMINE ECONOMY, LEAD TO MASS RETRENCHMENT. (PHOTO). #PRESS RELEASE.


 Minimum Wage: FG Urges Labour to Settle For What Will Not Undermine Economy, Lead to Mass Retrenchment 


Abuja—Minister of Information and National Orientation, Mohammed Idris, has urged Organised Labour to settle for a national minimum wage that will not undermine the national economy and lead to mass retrenchment of workers. 


Idris who appealed while declaring open the 2024 Synod of the Charismatic Bishops Conference of Nigeria in Abuja on Wednesday, emphasized the need for a realistic and sustainable wage system that balances workers' needs with the country's economic realities.


He acknowledged the government's commitment to reviewing the minimum wage but cautioned against demands that could harm the economy. 


Idris highlighted the government's efforts to reduce the cost of living and increase Nigerians' purchasing power through programs like the Presidential CNG initiative, which aims to cut transportation costs by 50%.


He said: “As I have repeatedly said, the Federal Government is not opposed to the increase of wages for Nigerian Workers but we keep on advocating for a realistic and sustainable wage system for the workers – a wage system that will not undermine the economy, lead to mass retrenchment of workers and jeopardize the welfare of about 200 million Nigerians.  


“We want the Labour Unions to understand that the relief that Nigerians are expecting, and that they fully deserve, will not come only in the form of an increase in wages. 


“It will also come as efforts to reduce the cost of living and to ensure that more money stays in the pockets of Nigerians. And this is where programs like the Presidential CNG initiative come in. By replacing or complementing petrol usage with CNG, that program alone will cut transportation costs by as much as 50 percent.”


The minister appealed to the clergy to support President Bola Ahmed Tinubu's vision for Nigeria's renaissance and to pray for wisdom and guidance as the country navigates its current challenges.


“Indeed, the Church, throughout our nation's history, has been a steadfast partner to the government in championing social causes and the provision of essential social services such as hospitals and schools, as well as the inculcation of values in our citizens.


“Even as we go through the temporary but necessary hardship, the President is not resting on his oars. He is determined to ensure that as many relief and palliative measures as possible are rolled out for the benefit of every segment of the Nigerian population.


“Now, this is where you, as Clergy, as deeply respected religious leaders and influential voices, come in. As a Government, we need your support, your advice, and your feedback. 


“Very importantly also we need you to be aware of the efforts being made, and the challenges being faced, so that you can help us communicate these to your congregations and the general public.”


Noting that President Tinubu stepped into power at the most challenging time for Nigeria, Idris said that the president is working assiduously to ensure sustainable development across the country. 


He said: “There is no doubt in anyone’s mind that Mr. President stepped up with a great sense of courage and responsibility. In the last year he has been implementing crucial and comprehensive reforms aimed at steering our country back onto the path of growth, prosperity, and sustainable development.


“President Tinubu has never shied away from acknowledging the reality of these pains. In his Democracy Day address delivered to the nation just this morning, President Tinubu summed it up very aptly: “The reforms we have initiated are intended to create a stronger, better foundation for future growth. 


“There is no doubt the reforms have occasioned hardship. Yet, they are necessary repairs required to fix the economy over the long run so that everyone has access to economic opportunity, fair pay, and compensation for his endeavour and labour.”


“Indeed, as a nation, we are enduring short-term sacrifice, for long-term benefits. We are inspired by the bigger picture of a Nigeria where no one is left behind.”


He hinted that his Ministry would collaborate with the clergymen in the implementation of the national orientation programme, the National Values Charter. 


“Let me, therefore, say that the Federal Ministry of Information and National Orientation will very enthusiastically collaborate with the Charismatic Bishops Conference as we implement our flagship national orientation programme, the National Values Charter, which seeks to ingrain enduring values and morals in the hearts and minds of our citizens”, he said.


He stressed that president Tinubu has availed himself creditably in the implementation of the goals of his Renewed Hope Agenda as Nigerians have continued to witness incremental successes in the various sectors of our economy.


“The President has worked very hard to stabilize the economy through the withdrawal of an unsustainable fuel subsidy and the unification of the Foreign Exchange market, as pivotal steps towards redirecting funds to critical sectors like healthcare, education, and infrastructure”, he said.


Earlier, the National President of the Charismatic Bishop Conference, Arch-Bishop Leonard Bature Kawas, pledged the unalloyed loyalty and support to the administration of President Tinubu, stressing that they would continue to partner with the government to achieve its vision for Nigeria.


He clarified that they invited the Minister, who is a Muslim, to declare their conference open, because they see in him a detribalized Nigerian who harbours no religious differences.


Arch-Bishop Kawas said the conference is being attended by bishops from the 36 states of the federation and 21 countries.


Rabiu Ibrahim 

Special Assistant (Media) to the Minister of Information and National Orientation.

June 12, 2024


Photo: Minister of Information and National Orientation, Mohammed Idris (third on the right) the National President of the Charismatic Bishops Conference, Archbishop Leonard Bature Kawas and other bishops when the Minister declared open the 2024 Charismatic Bishops Conference in Abuja on Wednesday

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