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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READ WHY THE U.S,DONATED 24 USED MINE RESISTANT ARMOUR TODAY TO THE NIGERIAN ARMY.

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                    The United States today thursday,donated 24 Mine Resistant Armour protected Vehicles {MRAP} to Nigeria.The vehicles were donated to the Nigerian army to boost their anti-terror operations and the vehicles were retrieved from Iraq and Afghanistan.The Excess Defense Articles Programme is designed  to transfer excess military equipment from the U.S to foreign governments or iinternational organisations to help with moderation of partner nation military capabilities.According to the U.S Embassy's Defence Attache,Col.Patrick Doyle,who represented Ambassador James Entwistle said that The vehicles became U.S Army's assets following the downsizing of U.S military and the country's withdrawal from Iraq and Afghanistan.However,about 50 percent of the vehicles are faulty,with no spare parts to repair them for quick deployment to war zone.It will cost the military millions of dollars to fix the and equip the MRAP to standard use.Instead of repairing it with so much dollars why can't they buy new vehicles with the money for repairs.More photos below.                                                                                                                          

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