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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SARAKI SIGNS THE SENATE VERSION OF THE PUBLIC PROCUREMENT ACT+HE DECORATED HIS AIDE DE CAMP.{PHOTOS}.

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                        Senate President 'Saraki',who took to his social media to announce that he just affixed his signature on the Senate's version of the Public Procurement Act {Amendment} Bill.He wrote ''I just affixed my signature on the Senate's version of the Pubic Procurement Act {Amendment} Bill,2016 {SB.232},which will now be forwarded on the House of Representatives for Concurrence.Many countries have used legislative mechanisms like these that focus inwards to diversify their local economies.This amendment helps to position our local producers,manufactures and service providers to benefit from the government procurement process of ministries,departments and agencies.Hence,once passed by the House of Representatives and signed into law by Mr President,this amendment will hellp to stimulate Nigeria's domestic economy,and will go a long way in ensuring that in the process of awarding contracts,funds are available as quickly as possible and jobs are actually completed''.Senator also pin his Aide De Camp when he wrote ''Delighted to have had the opportunity to pin my Aide De Camp with his new rank of Superintendent of Police {SP}.Over the short period of time he has worked with me,Officer Na'abu Usman has shown himself to be very Professioner,diligent and hardworking gentleman''.More photos below.                                        

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