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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OBASANJO TO NATIONAL ASSEMBLY: IT'S IMMORAL TO FIX YOUR SALARIES, ALLOWANCES. (PHOTO).

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 Obasanjo to n’assembly: It’s immoral to fix your salaries, allowances


Former President Olusegun Obasanjo says it is immoral for the members of the national assembly to determine their salaries and allowances.

Obasanjo spoke on Friday when he hosted some members of the house of representatives in Abeokuta, the capital city of Ogun state.

The former president said it is the duty of the Revenue Mobilisation Allocation and Fiscal Commission (RMFAC) to determine what public officeholders earn.

“Look at your case, with all due respect,” Obasanjo said.

“You are not supposed to fix your salaries or your allowances; it is supposed to be done by the RMFAC, but you decide what you pay yourselves, the allowances that you give yourselves — newspaper allowances, pant allowances — you give yourself all sorts of things. With due respect, you know it is not right.

“It is not right for me to be the one to declare and determine what I pay myself. It is immoral, and then you are doing it.

“The senate is doing it, and in some cases, the executive gives you what you are not entitled to. You all got N200 million.”

The federal legislative arm of government is often criticised for the “huge pay” allocated to its members. The total remuneration the federal lawmakers receive every month is shrouded in secrecy.

In 2018, Shehu Sani, a former senator who represented Kaduna Central, said he and his colleagues received N13.5 million monthly as running costs, aside from salaries.

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