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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RESOLUTIONS REACHED AT THE MEETING BETWEEN THE FEDERAL GOVERNMENT AND THE ORGANISED LABOUR HELD ON MONDAY, 3RD JUNE, 2024.(PHOTOS).#PRESS RELEASE

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 RESOLUTIONS REACHED AT THE MEETING BETWEEN THE FEDERAL GOVERNMENT AND THE ORGANISED LABOUR HELD ON MONDAY, 3RD JUNE, 2024.



Further to the negotiation by the Tripartite Committee on National Minimum Wage (NMW) and subsequent withdrawal of Labour from negotiation, the Leadership of the National Assembly intervened on 2nd June, 2024. The Organised Labour declared nationwide strike on Monday, 3rd June, 2024 to drive home its demands.


2. The Federal Government, in the National interest, convened a meeting with Labour held in the office of the Secretary to the Government of the Federation, on Monday 3rd June, with a view to ending the strike action.


3. After exhaustive deliberation and engagement by both parties, the following resolutions were reached:


1. The President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria is committed to a National Minimum Wage that is higher than N60,000;


II. Arising from the above, the Tripartite Committee is to meet everyday for the next one week with a view to arriving at an agreeable National Minimum Wage;


III. Labour in deference to the high esteem of the President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria's commitment in (ii) above undertakes to convene a meeting of its organs immediately to consider this commitment; and


IV. No worker would be victimized as a result of the industrial action.


Done in Abuja on the 3rd of June, 2024.


Signed


For the Federal Government of Nigeria:


1. @HMMohammedIdris 


03/08/24


Minister of Information and National Orientation


2. Hon. Nkeiruka Onyejeocha


Nerf 3/6/24


Minister of State for Labour and Employment


For the Organised Labour: 


1. Joe Ajaero

President, Nigeria Labour Congress (NLC)


2. Festus Osifo

President, Trade Union Congress (TUC).

More photos below.



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