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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PRESIDENT BUHARI,APPOINTS OBASANJO AS HIS SPECIAL ENVOY TO GUINEA BISSAU.

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                     According to sources,President Muhammadu Buhari has expressed concern over the unfolding political situation in Guinea Bissau following the dismissal of the Prime Minister,Mr Domingos Pereira,and his cabinet by President Jose Mario Vaz.This is contained in a statement issued in Abuja today friday by the president's Special Adviser on Media and Publicity,Mr Femi Adesina.It stated that Buhari had already sent former President Olusegun Obasanjo as his Special Envoy to mediate and help find a solution to the crisis brewing in that country.According to the statement,Buhari's peace mission is in demonstration of true African solidarity and brotherhood.The statement maintained that Obasanjo had embarked on the first leg of his mission by consulting with the current Chairman of the ECOWAS Authority of Heads of State and Government,President Macky Sall of Senegal in Dakar yesterday thursday.''It is regrettable that while Chief Obasanjo was still consulting with President Sall,President Jose Mario Vaz of Guinea Bissau proceeded to appoint and swear in a new Prime Minister in the person of Mr Baciro Dja,a development that has worsened the political situation in his country''.President Buhari appealed for calm and called on the leadership in Guinea Bissau to exercise utmost restraint and ensure the maintenance of law and order as efforts continue to resolve the current crisis.He further urged the leadership in Guinea Bissau,including the military,to ensure respect for constitutional order,sanctity of life and safety of citizens''.

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