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
Acting President Prosessor YemiOsinbajo was yesterday at the Funeral of the Later Major General Robert Adeyyinka Adebayo,in Ekiti state.At the funeral the acting President said ''We are gathered here to celebrate a life of service and sacrifice.We are here to honour an officer and a gentleman who gave his all to Nigeria,to his people and too his race.His Excellency,President Mohammadu Buhari would have loved to be present at this occasion.I recall that the last time he was in Ekiti during our presidential campaigns,he made it a duty to see his old boss,General Adebayo,Late General Adeyinka Adebayo was not a person the President had a casual acquaintance with.General Adebayo was the President's Commander in the Congo in 196.He was the President's first indigenous Chief of Army Staff,and in these military roles,he had a major influence on the President as a young officer.It was therefore not a surprise that the President specifically asked me to represent him on this occasion,not being able to attend this funeral personally and further asked me to deliver the funeral oration here.In General Adebayo's case,his departure has elicited tremendous outpouring of love and nostalgia across the country.For General Adebayo,the reactionss since the Lord calle on March 8,2017 have all been positive.As one of the pioneers of Nigeria's most enduring institutions,the military,General Adebayo played a critical role in rescuing Nigeria from the abyss of disintegration.Not only did he advice against the use of force in resolving the Biafran crisis,in what turned out to be one of the most clairvoyant statements on the war,he declared in a broadcast before the war thus,'' I need not tell you what horror,what devastation,and what extreme human suffering will attend the use of force.When it is all over,and the smoke and dust have lifted,and the dead are buried,we shall find,as other people have found,that it has all been futile,entirely futile,in solving the problems we set out to solve''.More photos below.
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