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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YOU SACKED ME AS CBN GOV- EMIR SANUSI REPLIES EX-PRESIDENT JONATHAN. (PHOTO).

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 You sacked me as CBN Gov – Emir Sanusi replies ex-President Jonathan


The Emir of Kano, Muhammad Sanusi II, has replied former president, Goodluck Jonathan, that he sacked him as Governor of the Central Bank of Nigeria, CBN, contrary to the latter’s claim that he was only suspended for investigation into alleged missing $49.8 billion.


The monarch was responding to Jonathan who had, earlier, at the launch of a book “Public Policy and Agents Interests: Perspectives From The Emerging World,” debunked a claim by him that he was booted out of CBN’s leadership position because he exposed corruption allegedly perpetrated by the government.


Sanusi co-authored the book written by Dr Shamshudeen Usman, who served as Minister of Planning in the Jonathan administration.


Sanusi, who took to the podium hours after Jonathan’s comment, insisted that he was sacked by the former president.


“My boss who sacked me, I was constructively dismissed. I continue to respect Jonathan and I don’t have grudges against anyone,” he said.

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