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

OGUN STATE TO HOST YOUTH CONVENTION THIS WEEK.{READ].

No automatic alt text available.            The Ogun State Government has concluded plans to host a Youth Convention between 7th and 8th February,2017.The Convention,scheduled to hold at the June 12 Cultural Centre,Kuto,Abeokuta is being organized by the State Government in collaboration with the organized private sector,civil society and international agencies.
With the theme, ''Ogun Youths:Exploring New Frontiers'',the Convention is a direct response of the Governor Ibikunle Amosun-led administration to the challenge of youth unemployment and under-employment.
The 2016 National Youth Survey Report released by the National Bureau of Statistics {NBS} indicates that approximately 56 percent of youths,defined as between the ages 15 and 34 are unemployed.The implication of this statistics is that 70million out of Nigeria's population of 165 million are either unemployed or under-employed.
To effectively tackle this challenge,the Governor Amosun-led administration seeks to use the platform of the Youth Convention to expose the teeming youth population of the State to opportunities in various vocations as well as employment and entrepreneurship initiatives.
Participants were drawn from the 20 Local Government Areas [LGAs} and 37 Local Council Development Areas [LCDAs} of the State.
The Convention,which comes at no cost to the participants promises to open Ogun State youths to life-changing trainings and mentorship from the likes of the Founder,SOKOA Chair Centre and Chairman,First Bank PLC,Mrs Ibukun Awosika; Founder,FATE Foundation, Mr Fola Adeola and Acting Managing Director,Bank of Industry,Mr. Waheed Olagunju among others.
Breakout sessions are to be held on Agriculture,Technical Vocation,Sports,Entertainment and Entrepreneurship.
Barr. Taiwo Adeoluwa
Secretary to the State Government.
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