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

GOV. OTTI AND MR. PETER OBI SPEAKS ON THE PLANNED HARDSHIP PROTEST IN NIGERIA. (PHOTO).#PRESS RELEASE


 GOV. OTTI AND MR. PETER OBI SPEAKS ON THE PLANNED HARDSHIP PROTEST IN NIGERIA. 



The Governor of Abia State, Dr. Alex Otti, OFR, and the Labour Party Presidential Candidate in the 2023 Presidential Election have expressed their views about the planned hardship prøtests by Nigerians beginning on August 1st. 


The two Political Leaders who have given Nigerians so much hope and believe in a better Nigeria spoke to the Press in the Country Home of Governor Otti at Umuehim Nvosi in Isiala Ngwa South Local Government area of Abia State after a Private Breakfast Meeting between both leaders. 


Both Leaders agreed that the Constitution of the Federal Republic of Nigeria allows for peace prøtests and equally agreed that prøtest must be done within the ambits of the law. Governor Otti expressed worry that the prøtests may be hijacked by unpatriotic elements thereby creating more problems than the reason for the protests. 


According to Governor Otti, “Protests are allowed once they are done within the ambits of the law. But the real challenge is who can ensure or assure us that it will be done within the ambits of the law. We have seen protests hijacked. My fears are that this one will also be hijacked".


“Even when you write a letter it is a protest. You can sit down and write a letter of protest, you can call somebody and register your displeasure about what he is doing or how he is running government. They are all protest and allowed. But when you now go outside the law and begin to unleash mayhÄ›m and viølence that is where it is not acceptable".


“First of all, for you to organize protest, the law requires that you inform and get the approval of the security agencies, particularly the police.  Somebody should take responsibility for getting that approval. So, if you don’t have the approval, then it will be against the law for you to go out on the streets to protest".


Speaking further, Governor Otti explained that those not involved in the protest are also entitled to their freedom as it will be against the law to deny them that.


“Secondly everyone has a right of free movement. So, if you block the road and you stop people from moving around, then, you have broken the law. So, there are several parts to it that may not be under the control of whoever that is calling for the protest".


“My attitude to it is, yes, we’ve heard what you are saying and it will be very, very unfair to say that things are not difficult now. Things are very difficult. Hunger is real and that is true. But how do you solve the problem"?


“The problem we found ourselves in the country is economic and will I say that we are actually paying the prize for bad governance that didn’t start today. And, if you sat down and printed almost 24 trillion naira that is not backed by any productivity, then someday, somehow, like now, you will pay for it because if you understand how the economy works, when you have so much cash chasing a certain basket of goods, that would not increase the goods because you have more cash but prices will go up".


“So, there are very, very few options left than this difficulty that we are going through. If we are patient and go through it, then after that, I believe the economy will reverse and things will begin to look better.

 

Governor Otti emphasized the need for Nigeria to transit into a productive economy and import less of what we consume, warning that what is happening to our naira will be a child’s play if we continue to consume imported products. He also explained that transiting to a productive economy cannot be achieved overnight.


On his part, His Excellency, Mr. Peter Obi said that the planned protest is caused by hunger and hopelessness among Nigerians. “On the issue of protest, within the Nigerian constitutions, protest is allowed. All I plead for is for those who are protesting to do so within the law and in civil manner that allows us as a nation to show that we live within the law". 


“Everybody knows that things are difficult and I always say that when they talk about the sponsors of protest, the sponsors are very simple, it is hunger, it is hopelessness among the youths. So, we all have to listen to what Nigerians are going through and I thank our Governor for doing so. It is critical and important”, Mr. Obi asserted.


Mr. Obi called on the security agencies to ensure that they manage the protests within the law and advised the government to engage with the protesters and dialogue with them towards addressing the reasons for the protests. 

 

In his words, “What I have to say to the security agencies is to ensure that they manage the situation, again within the law. We should not try to be overbearing. It should be something that we do within the law".

 

“Protest is allowed everywhere globally. And, I also say that people protest in my house and it is for us to listen to those who are protesting and why they are protesting and engage them. That is what governance is all about, you talk with them, there is nothing wrong in that.

“I was Governor for years and people protested and we kept dialoging and deliberating about it". 

 

Governor Otti thanked Mr. Peter Obi for the visit and encouragements, saying that it means a whole lot to him. He also thanked him for his sacrifices for the common people in Nigeria. The Governor called on Abians to shun the protests, saying that it may yield unpleasant outcome. “For people in Abia, my advice is that people should not pour out on the streets because it may be more hurtful than the reason for the protests that people are calling for”, Governor Otti stated.


Ctz. Ukoha Njoku Ukoha 

Chief Press Secretary to the Executive Governor of Abia State. 

28-07-2024

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