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

JONATHAN, BUHARI'S ADMINISTRATIONS FAR BETTER THAN TINUBU'S - NLC. (PHOTO).


 Jonathan, Buhari's Administrations Far Better Than Tinubu's  - NLC


The Nigeria Labour Congress (NLC) has said the Goodluck Jonathan and Muhammadu Buhari administrations were far better in terms of governance and economic management than the present government of Bola Ahmed Tinubu.


The disclosure was made in an exclusive interview with Daily Trust on Friday by NLC Spokesperson Benson Upah.


The labour body praised former President Buhari for his accommodating nature and efforts to ensure stability and good living conditions for Nigerians.


Upah condemned the removal of fuel subsidy by the Tinubu government, stating that the president failed to consider the devastating consequences of the policy on ordinary Nigerians.


The NLC spokesman also drew a contrast between the economic indices of the Jonathan administration and the current government. He made mention of the alarming depreciation of the naira, soaring interest rates, and skyrocketing debt in the country.


“I keep telling people who say Buhari was the worst that they are joking,” Upah said. “For us at Labour, we found Buhari very accommodating. He did everything humanly possible to ensure that life was stable and good.”


Upah recalled how Buhari provided financial assistance to states to clear salary and pension arrears and made other interventions to mitigate the effects of economic hardship.


“If you ask those same people now, they will tell you that the Buhari administration was very good. We are talking about less than two years ago. Before Buhari came, it was Jonathan. We said Jonathan had messed up this country, but now look at the indices and compare the exchange rate, the interest rate, the debt.”

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