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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THE SENATE RECEIVED THE FINAL REPORT TODAY,ON THE BILL TO ESTABLISH THE NORTH EAST DEVELOPMENT COMMISSION.

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                According to the Senate President of Nigeria Bukola Saraki who took to his social media to announce that ''I am pleased to announce that today the senate received the Final Report of the Senate Committee on Special Duties on the Bill to Establish the North East Development Commission {NEDC}.The reports contains the observations of a wide group of stakeholders on the modalities that should be considered in the set of the commission.Additionally,the Senate also passed a Motion paying homage to Nigeria's former National team coaches:Stephen Keshi and Shuaibu Amodu.Both men were legends in their own rights,and they contributed immensely to the development of sports in Nigeria.In this regard,the Senate has nominated a delegation to condole with the families of the deceased.One more photo below.                                                                                                                  

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