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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ONDO LG EMPLOYEES, NULGE CHAIRMAN DIES AFTER SLUMPING AT FILLING STATION AMID FUEL SCARCITY. (PHOTO).

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 Ondo Local Government Employees, NULGE Chairman D!es After Slumping At Filling Station Amid Fuel Scarcity


The persistent fuel scarcity in the country has claimed another casualty as the Nigeria Union of Local Government Employees (NULGE) chairman in Akure South local government of Ondo State, Oluwatuyi Olasoji died few days after collapsing while waiting to buy the Premium Motor Spirit.


According to a local tabloid in the state, Sunshine Truth, the deceased slumped last week while trying to buy fuel at a filling station in the state capital and was rushed to the Federal Medical Center in Owo.


He was said to have undergone a surgery and given up to the ghost on Monday.


Petrol scarcity has recently hit the country as motorists continued to lament.


Long queues at filling stations have worsened traffic conditions, with many people stranded at bus stops due to doubled transport fares.


SaharaReporters had reported days ago that the Nigerian National Petroleum Company Limited (NNPCL) claimed that the current fuel scarcity was expected to “subside in a few days as more stations recalibrate and begin selling PMS.”


According to the NNPCL, “The market has been deregulated, meaning that petrol prices are now determined by market forces rather than by the government or NNPC Ltd. Additionally, the exchange rate plays a significant role in influencing these prices.”


On the commencement of lifting PMS from the Dangote Refinery, it said that it was awaiting the September 15th timeline provided by the Refinery.

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