LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

-
Image
 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
Post a Comment

40% OF NIGERIANS ENJOYING 20 HOURS OF DAILY ELECTRICITY SUPPLY- MINISTER. (PHOTO).

-


 40% of Nigerians enjoying 20 hours of daily electricity supply — Minister

 

The Minister of Power, Mr Adebayo Adelabu, has said that more than 40 percent of Nigerians now enjoy 20 hours of power supply daily across the country.


Adelabu, in a statement in Abuja, said the feat was achieved through revolutionary measures taken by the Ministry of Power, with the support of President Bola Tinubu, as part of his renewed hope agenda to galvanise the economy.


He credited the achievements in the power sector to radical and bold steps taken by his administration, with President Tinubu’s consistent advocacy for stable and consistent power supply as a means to achieve breakthrough in industrialisation.


Adelabu said the generation of more than 5,500 megawatts of power was one of the ministry’s significant achievements in the last year, with plans to improve further by the end of the year.


“Most developed nations achieved reliable, functional, and affordable electricity as a fundamental step.


“This is crucial for industries, businesses, institutions, and households. That’s why we must prioritise this for Nigeria to drive economic growth and industrial development.


“President Bola Tinubu emphasised this in his New Year’s speech on January 1, stressing the need for stable electricity to power critical sectors.


“This is the only way to achieve requisite economic growth and industrial development, as none of these sectors can function without it.”


Adelabu outlined the administration’s vision to provide stable electricity supply to households, businesses, and institutions, including educational and health institutions, as well as industries.


According to him, this initiative aims to empower these entities to power their infrastructure, enhance their capacity, and create additional job opportunities.


He said that the ministry works with agencies, 27 power generating companies, and 11 Electricity Distribution Companies to achieve its goals.


He added that with the support of President Tinubu, the ministry was committed to provide Nigerians with stable and regular electricity supply.

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).

-
Image
  SSANU, NASU threaten strike over withheld salaries The Joint Action Committee of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Educational and Associated Institutions have threatened to disrupt industrial peace in universities should the government fail to release the withheld salaries of members. The salaries were seized by the administration of former President Muhammadu Buhari during their strike in 2022. The unions, in a joint letter signed on Friday by the President of SSANU, Muhammed Ibrahim and General Secretary of NASU, Peters Adeyemi, questioned the rationale with which the government released four months withheld salaries to members of the Academic Staff Union of Universities but failed to release the withheld salaries of non-academic staff. The unions noted that they would no longer be able to assure the government of industrial peace in universities should the amounts owed by the government are not released. Earlier, the unions
Read more