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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NLC THREATENS ONE-MONTH NATIONWIDE SHUTDOWN OVER NASS MOVES TO DEREGULATE MINIMUM WAGE. (PHOTO).

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 NLC threatens one-month nationwide shutdown over NASS moves to deregulate minimum wage


As the nation waits for a new National Minimum Wage, the Nigeria Labour Congress, NLC, has threatened to shut down the country for a month over plans by the National Assembly to deregulate the Minimum Wage.


President of NLC, Joe Ajaero, who spoke on the sideline of the 67th Annual General Meeting, AGM, in Lagos, insisted that minimum wage is a national issue.


Ajaero warned that organised labour would not accept a situation where governors working with the members of the National Assembly would imposed slave wage and poverty on workers and Nigerian citizens.


According to the NLC President: “As we are here, a Joint Committee of the Senate, the House of Representatives, and the Judiciary are meeting. They have decided to remove section 34 from the Exclusive legislative list to the concurrent list so that the state governors can determine what to pay you and so that there will be no minimum wage again. You cannot decide what you should earn.


The very moment the House of Representatives and the Senate come up with such a law that will not benefit Nigerian workers, they will be their drivers and gatemen, and there will be no movement for one month.


We cannot accept any situation where the governors and the National Assembly members will foist a slave wage on workers and force poverty on the citizens. Organised Labour will not accept it.”

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