LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
Today tuesday,the U.S Embassy to Nigeria expressed concern over the reports of attacks and other incidents in the Niger Delta.This is contained in a statement issued by the Embassy's Public Affairs Unit in Abuja.''The U.S remains supportive of efforts,including the promotion of dialogue,to address grievances in the Niger Delta''.It appealed to all parties to resolve their disputes through peaceful means and emphasize that human rights of all Nigerians must be protected.It called on all Nigerians to persevere in efforts to achieve common goals.It stressed on the need to end violence and curb the activities of criminal elements.It called for the establishment of conditions and mechanisms for profound,positive and lasting changes in the region.According to the statement,there is the need for the provision of economic opportunity and the needed services for residents of the Niger Delta.
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