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

IS UNETHICAL & UNFAIR FOR THE PRESS TO PUBLISH OUTRAGEOUS FIGURES & NAMES OF SERVING OFFICERS,AS BEING RETIRED-ARMY.

                The attention of the Nigerian Army has been drawn to speculations and rumours regarding the number and names of the senior Army officers affected in the recent retirement exercise.This is worrisome as some individuals and media houses went to the ridiculous extent of publishing outrageous figures and names of serving officers as being retired.This is unethical and unfair.It is therefore necessary to inform the public to please disregard such inaccurate lists.We wish to state that only 38 senior officers were affected by the retirement exercise.For avoidance of doubt the following is the statistics of the officers retired compulsorily'9 Major General,10 Brigadier Generals,7 Colonels,11 Lieutenant Colonels and s Major.We are quite aware that some mischievous elements are trying to whip up sentiments.This is quite unfortunate because all the affected officer were retired based on Service exigencies and in line with the Armed Forces Act,CAP A20 Laws of the Federation of Nigeria 2004.It is pertinent to remind all that the Nigerian Army is a professional institution that is based on highest standards of discipline and conduct.Consequently it's personnel must remain professional,neutral and apolitical at all times.-Colonel Sani Kukasheka Usman,Acting Director,Army public Relations. One more photo below.                                                                                 

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