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 Presidency said today thursday that ther is no cause for apprehension over the health of President Muhammadu Buhari.Thr Presidency said this in a press statement issued by the Senior Special Assistant to the President on Media and Pubicity,Garba Shehu today.He assured the good people of Nigeria that,despite the insinuation of a number of media organisations of a number of media organisations,there is no need for anxiety.''President Buhari's absence at the Federal Executive Council meeting of Wednesday,April 26,was a last minute decision; otherwise,the cabinet and the public might have been alerted in advance.As eager as he is to be up and about,the President's doctors have advised on his taking things slowly,as he fully recovers from the long period of treatment in the United Kingdom some weeks ago.President Buhari himself,on his return to the country,made Nigerians aware of the state of his health while he was in London.Full recovery is sometimes a slow process,requiring periods of rest and relaxation,as the Minister for Information,Lai Mohammed,intimated in his press briefing after the FEC meeting on Wednesday.'' he said.Shehu also said: ''Despite his lack of visibility,Nigerians should rest assured that President Buhari has not abdicated his roles as Commander-in-Chief of Nigeria''.According to him,the President receives daily briefing on the activities of government,and confers regularly with his Vice President,Professor Yemi Osinbajo,in which he has been spending the majority of his time recently,has a fully equipped office.''God is the giver of life and health.We are grateful that He has seen our President through the worst period of his conalescence in London.We are thankful that the President has passed a number of benchmarks already.We pray that God continues to see him through this period of recuperatio.'' he said.
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