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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IS NIGERIA 2016 BUDGET REALLY MISSING?

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                According to CCTV,the Nigerian budget both hard and soft copy handed over by President Muhammadu Buhari to the National Assembly on the 22nd of December in 2015 is missing.The senate planned to begin delibrationon the proposed budget yesterday tuesday before it was declared missing.According to CCTV,the Senate leader Bukola Saraki shocked the lawmakers by announcing that the budget documents have been stolen.The Chairman,Senate committee of Appropriation,Danjuma Goje,was subsequently mandated to lead a search for the documents and liase with the presidency,the Senior Special Assistant to the President on National Assembly Matters,Ita Enang and the national planning ministry on the matter.More photos below.                                             

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