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

LAI MOHAMMED SIGNED A MOU YESTERDAY FOR THE PRODUCTION OF A GRAND BOOK ''PUBLICATION OF NIGERIA: OUR HERITAGE BOOK}.{PHOTOS}.

Image may contain: 3 people, people sitting               The Federal Ministry of Information and Culture yesterday Monday in Abuja signed a Memorandum of Understanding {MoU} with the Leadership/Folio Limited for the production of a Grand Book tiled ''Publication of Nigeria: Our Heritage Book {National Souvenir}''.
The Minister of Information and Culture,Alhaji Lai Mohammed,signed on behalf  of the ministry while the Chairman of Leadership Folio Limited,Mr Fidelis Anosike,signed for the production company.Speaking at the signing ceremony,the Minister described the Grand Book as a unique souvenir from Nigeria to the outside world.
''Going through the pictures,every page of this Grand Book is a delight.Every page of it is part of our history and what defines us as a unique country.As a matter of fact,you are not going to recognize some of these places are even in Nigeria.That's why I think there can be no greater gift from Nigeria to the outside world or ourselves than this Grand Book.We will strive as much as possible,at least in our ministry,to make this the official gift.We will try and persuade the presidency to also make this their official gift,'' he said.
Alhaji Mohammed said the production of the Grand Book has been captured in the ministry's budget for this year because of the high premium attached to the project.''We have had quite a lengthy negotiation.I have been involved in a lot of the negotiations myself.I personally went through the MoU and fortunately,at least this year,we did include in our budget the provision for this Grand Book,'' he said.
Alhaji Mohammed said the MoU spelt out the engagement between the ministry and the Leadership/Folio Limited,which involved setting up of a joint editorial team,the marketing strategy and the sharing formula of the proceeds of the book.In his remarks,Mr Anosike said the project was conceived five years ago in order to use information and culture to change the perception of Nigeria.
''Nigeria needs to tell its story and the driving force of this is what we call telling our stories ourselves.There is no consolidated compendium on Nigeria.We have done that research and we felt that we should be able to bring out the vision and come to the ministry that is the custodian to be able to partner to produce a book that we can use to change the perception about Nigeria,'' he said.
Mr Anosike thanked the Minister for driving the vision to fruition through what he called his rare commitment to the Nigeria Project.More photos below.
Image may contain: 1 person, standingImage may contain: 2 people, people sitting and indoorImage may contain: 3 people, people sittingImage may contain: 2 people, people standing

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