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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PRESIDENT BUHARI WILL PRESENT THE 2017 BUDGET DECEMBER 14.

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     Related image                According to source,President Muhammadu Buhari will present the 2017 budget proposal to the National Assembly on December 14.This is contained in a letter to the Senate and read by the President of the Senate,Dr Bukola Saraki,at the floor of the upper chamber on tuesday in Abuja.The letters reads: ''I crave the indulgence of the National Assembly to grant me the 10.00 hours on wednesday December 14,to formally address a joint session of the National Assembly on the 2017 budget proposal''. The president will also address the joint session on plan to get the country out of recession.''Please extend,Mr Senate President the assurances of my highest regards to the distinguished senators as I look forward to addressing the join session''.I just pray Nigeria gets better because the citizens are really suffering and things are becoming too expensive for the poor.
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