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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ONE OF BOKO HARAM FINANCIER ''MOHAMMED MAINA'',ARRESTED BY THE NIGERIAN ARMY.

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                                                    In a statement today tueday,Colonel Sani Usman,spokesperson for the Nigerian Army said,Mohammed Maina one of Boko Haram financier and stimulants dealer in Bama,Bama Local Government Area of Borno State.The Army said the suspect,a native of Ngurosoye came from Shuari village in Bama LGA,he was arrested with the sum of one million Naira cash and some items.Colonel Usman said investigation revealed that Mohammed supplies them kolanuts and other items especially stimulants.Maina was also said to have revealed that kolanuts is in high demand among the terrorists as it keeps them active at night.The military said it is apparent also that Maina plies Maiduguri Dikwa Kulli axis where he gathers monetary and other materials contributions from Boko Haram sympathizers along that axis and send same to the terrorists camps.In the same vein,Colonel Usman also announced that troops of 112 Battalion and Special Forces in Mafa and Dikwa respectively on a joint fighting patrol raided a Boko Haram camp at Bulungwa Naibe in Dikwa Local Goverment Area of Borno state yesterday.

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