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 MUHAMMADU BUHARI PRESENTED THE 2017 APPROPRIATION BILL TO A JOINT SESSION OF THE NATIONAL ASSEMBLY-SARAKI.{PHOTOS}.

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Image may contain: 4 people, people standing and indoor                 According to the Nigerian Senate President who wrote on his social media that today,President Muhammadu Buhari presented the 2017 Draft Appropriation Bill to a joint session of the National Assembly.The number 17 of Saraki speech reads ''Mr President,though we are confident that we are receiving from you a very well-articulated budget proposal,it is worthy to point out that the best produced budget from the executive at all times still remains a proposal according to our constitution which the National Assembly will work assiduosly on.On behalf of the National Assembly,we commit to work on the 2017 budget,conscious of the responsibility that the current economic situation imposes on us and driven by the urgency to alleviate the suffering of our people and also bearing in mind your aspiration and vision for our people.We assure you Mr. President and all Nigerians that not even a single minute would be wasted on our side in the course of getting this budget approved.
18. With these few words,I hereby invite Your Excellency to deliver your speech and lay the 2016 budget proposals for the consideration of the National Assembly in accordance with Section 81 of the 1999 Constitution of the Federal Republic of Nigeria as amended.More photos below.
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