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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SENATE PASSED THE NIGERIAN PEACE CORPS BILL YESTERDAY.

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                               Yesterday,the 8th Senate,passed the Nigerian Peace Corps Bill {SB.173 and 183} for its third and final reading.Although the Corps have been operational for some time,the passage of this Bill has helped to create a legal framework that will institutionalize the Peace Corps.This Bill will also empower more young people and will contribute to bringing down Nigeria's unemployment rate.It is my hope that once this Bill is signed into law by Mr President,we can work on harmonizing the work of the Peace Corps with that of other security agencies.This is important because it will allow for a more coordinated and efficient response to the pervasive issues of insurgency,kidnapping and other crimes that are confronting Nigeria.
               

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