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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TIKTOK, BOWING TO EU RULES, WITHDRAWS LITE REWARDS PROGRAM. (PHOTO).

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 TikTok  agreed to permanently remove a feature in a spinoff app in France and Spain that rewards users for watching and liking videos, bowing to pressure from European regulators and strict digital laws within the bloc, the EU and the Chinese-owned company said Monday.


TikTok Lite arrived in France and Spain – the only EU countries where it is available – in April this year. Users aged 18 and over can earn points to exchange for goods like vouchers or gift cards through the app's rewards program.


"We have obtained the permanent withdrawal of TikTok Lite Rewards program, which could have had very addictive consequences," the EU's internal market commissioner, Thierry Breton, said.


TikTok Lite is a smaller version of the popular TikTok app, taking up less memory in a smartphone and is made to perform over slower internet connections.


TikTok made commitments to remove the program from the 27-country bloc and not to launch "any other program which would circumvent the withdrawal," the European Commission said in a statement.


It is the first major victory for the European Union's landmark Digital Services Act (DSA), a sweeping new law that requires digital firms operating in the bloc to effectively police online content to protect users from harm.


The commission kickstarted an investigation into the Lite app in April amid concerns over "addictive" effects, which forced TikTok to temporarily suspend the program.


The case is now closed after TikTok, owned by Chinese company ByteDance, made the binding commitments.

accusing the app of violating children's privacy by collecting data about them without their parents' permission when they use the platform.


TikTok said it disagreed with the allegations and that the company had safeguards to ensure age-appropriate experiences.

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