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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TRANSFER: NAPOLI READY TO GIVE PSG DISCOUNT ON OSMHEH AS HIS SET TO RECEIVE €4M SALARY INCREASE AT PSG. (PHOTO)

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 Transfer: Napoli ready to give PSG discount on Osimhen


Napoli President, Aurelio De Laurentiis is reportedly willing to give Paris Saint-Germain a discount to facilitate Victor Osimhen’s move to the Ligue 1 champions.

The Partenopei and PSG are currently locked in talks for the transfer of the striker to the latter.

Osimhen has a €130m release clause in his contract.

The staggering fee has scared away potential suitors.

Napoli is, however, desperate to sell the Nigeria international to allow them bring in reinforcements for new manager, Antonio Conte.

De Laurentiis, according to Corriere dello Sport, is ready to offer a minor discount on Osimhen’s €130m release clause to facilitate a deal with PSG.

The forward has reportedly agreed to sign a five-year deal with PSG worth €14m net per season.


ACCORDING TO ANOTHER SOURCE:


Transfer: Osimhen to receive €4m salary increase at PSG


Napoli striker, Victor Osimhen is set to receive a €4 million salary increase at Paris Saint-Germain.

Tuttosport reports that the Nigerian international and PSG have reached a five-year deal worth €14 million per year, which is a significant pay rise from his current €10 million annual salary at Napoli.

Osimhen’s agent, Roberto Calenda, was in Paris earlier this week to negotiate with the French Ligue 1 champions.

However, PSG must still reach an agreement with Napoli to finalise the 25-year-old’s transfer.

Should Osimhen eventually leave Napoli, the Serie A side would seek to sign Romelu Lukaku as his replacement.

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