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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POLICE DEBUNK THE NEWS ''HOW ACTING IGP ALMOST CAUSED BLOODBATH AT CBN HEADQUARTERS'',YESTERDAY.{READ}.

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                 The attention of the Nigeria Polic Force has been drawn to online publication of Sahara reporters of 4th August,2016 captioned ''How Acting IGP Almost Caused Bloodbath at Central Bank Of Nigeria Headquaeter''.This story in its content and character was absoluely misleading and untrue in all its ramifications.Indeed a misrepresentation of facts.There was no such scenario as described by Sahara Reporters New York.Certainly it was a creation and figment of the reporter whose motive can only be described as yellow journalism designed to discredit a public officer of proven records locally and internationally.The IGP Ibrahim K. Idris's official visit to the Governor of Central Bank with full complement of the police management team was a scheduled courtesy call that was planned and coordinated by the two organizations.It is unimaginable that the Policemen who manned the gate at the Central Bank and the IGP's convoy will have any cause to disagree over access control when there was a mutual understanding and communications on the arrival and the departure of the IGP and his entourage.it is important to note that IGP's entourage included Press men from the electronic and print media.The Central Bank is a critical stakeholder in the overall security architecture of Nigeria.Against the bavkground of CBN's role in crime management and control; the IGP's visit will be fully appreciated and understood.It is significant that stakeholders engage and chart roadmap for peace and security in Nigeria.The IGP will continue to engage and partner relevant stakeholders in ensuring that Nigeria attains the desired peace and security that will guarantee growth and development.
DCP Don N.Awunah,fsi
Force Public Relations Officer,
Force Headquarters,
Abuja.

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