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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NFF CONFIRMS COLLAPSE OF LABBADIA DEAL,NAMES EGUAVOEN AS CARETAKER COACH.(PHOTO).

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 NFF confirms collapse of Labbadia deal, names Eguavoen as caretaker coach


The Nigeria Football Federation (NFF) blamed the “stringent regulations of German tax authorities” for the collapse of Bruno Labbadia’s appointment as Super Eagles head coach. 


On Tuesday, NFF announced Labbadia as the Eagle’s new coach.


The federation said an agreement had been reached with the German, adding that he would take over the team immediately.


On Friday, however, there were reports that the 58-year-old tactician has pulled out of the deal.


The reports said the manager cancelled the deal because of the “public rush” to announce his arrival.


In a statement, NFF confirmed the development and cited “tax issue” as the cause of the contract collapse


In a statement, NFF confirmed the development and cited “tax issue” as the cause of the contract collapse.


Ibrahim Gusau, NFF president, said the tax details “came up” after both parties had reached “an agreement in principle.”

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