LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE
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
The President of the Senate,Dr. Abubakar Bukola Saraki,today thursday congratulated the newly-elected President of the Confederation of African Football {CAF},Ahmed Ahmad on his victory at the polls.Saraki,in a statement signed by his Special Adviser on Media and Publicity,Yusuph Olaniyonu,in Abuja,described Ahmad as a consummate technocrat,who can help to usher in a new era of innovation and positive change into the affair of CAF.He commended the outgoing President of CAF,Issa Hayatou,for his services and immense contribution to the development of football in Africa in his 29-year headship of the body.''Ahmad's victory is a testament to his message and determination to positively alter the 29-year status quo in CAF,'' Saraki said,'' Hayatou has served the organization well,now,we look forward to the new leadership to usher in a new era of change and effectiveness to raise the standard of African football across all levels''.Saraki also urged all Football Associations {FA} across the continent to rally round the new CAF President to enable him deliver on his electioneering promises,for the good of African football.''This is a new beginning and we cannot afford to make the mistakes of the past.African football has been yearning for a new direction and now that this opportunity to inject fresh blood into the management of continental body has been realized,it is time for all stakeholders to eoll up their sleeves and support the new executive to extend the frontiers and fortunes of African Football at the global level,'' Saraki said.
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