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

THE NIGERIAN SENATE & THE UK PARLIAMENT AFTER A MEETING YESTERDAY,PLEDGED COLLABORATION.

                The Nigerian Senate and the United Kingdom {UK} parliament yesterday thursday pledged to collsborate towards deepening the nation's democracy and strengthening the ties that exits between both countries.The pledge was made when United Kingdom parliamentarians in the International Development Committee led by Mr Stephen Twigg visited the Senate President,Dr Abubakat Bukola Saraki,in Abuja.The Chief Press Secretary to the Senate President,Sanni Onogu,in a statement in Abuja said Saraki urged the UK through its Department for International Development {DFID} to extend their attention to parliamentarians in Nigeria,saying such move will make the legislators more assertive,autonomous and responsive to the needs and aspirations of the Nigeria electorate.He called on the parliamentarians to assist the country in building the capacity of her legislators and their aides in order to boost their skills in the act of legislation and support services respectively.Saraki said ''I will appeal to you through DFID to also focus on the legislative arm of government because the changes that we want to happen in this country will depend largely on what we do here in the parliament both on the short,medium and the long term''.He told the delegation that the National Assembly has taken it upon itself to provide an enabling environment that is conductive for doing business in the country.''One of the things we have realized apart from the macro economic factors is the quality of our laws as regards to doing business.One of the first things we did in the Senate is to look at our existing laws and see how they are in sync with the ease of doing business.The World Bank report on ease of doing business does not rate Nigeria very well.So what we have done is to identify those laws that are both necessary and important and that if we review them will go a long way in making us more favourable to investment.It is key for us to create that enabling environment for investments that will create job opportunities for our youth''.The Senate President told the UK parliamentarians,delegation.In his remarks,the leaders of the United Kingdom Parliamentarians in the Internattional Development Committee,Stephen Twigg said the visit was meant to evaluate the work of DFID in Nigeria and also to look into some of the big challenges confronting Nigeria in terms of econmy,health,education and security.''We are looking at the work of DFID the Department for International Development,in Nigeria and we are also looking at some of the challenges that you face in terms of economy,health,education and security situation.I want to really say how much we value the relationship between our two countries,the partnership between Nigeria and the United Kingdom and part of our purpose in being here is to celebrate that relationship and to look at how we can strengthen and to deepen those ties''.More photos below.                                                                              

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  1. How much money did these Senates brought to the country to bank for their selfish interest?

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