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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SHELL SHUTS IN 150,000 BARRELS OF CRUDE OVER PIPELINE FIRE.

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File photo: Pipeline fire                                                              THE FIRE OUT BREAK WAS WITHIN THE SPDC JOINT VENTURE RIGHT OF WAY AT PATRICK WATERSIDE,BODO,OGONILAND AND CLOSE TO THE TRANS NIGER PIPELINE.INVESTIGATIONS INTO THE EARLIER INCIDENTS SHOWED THAT UNKNOWN PERSONS HAD DRILLED HOLES ON THE 24-INCH TRANS NIGER PIPELINE AT B-DERE.SPDC IS TAKING APPROPRIATE ACTIONS TO MINIMIZE  IMPACT ON THE ENRIRONMENT AND ENSURE THE SAFETY OF MEMBERS OF THE COMMUNITY,SPDC STAFF AND ITS CONTRACTORS.SPDC WILL INITIATE CLEAN UP AND REMEDIATION,AS WELL AS PROVIDE RELIEF MATERIALS AND COMPENSATE THOSE WHO MAY BE IMPACTED UPON ESTABLISHMENT OF VOLUME AND IMPACT OF ANY OPERATIONAL SPILL.

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