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
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ACTING PRESIDENT YEMI OSINBAJO,TO HOLD INTERACTIVE SESSION TOMORROW WITH PUBLIC SERVANTS.

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Related image                                 Nigeria's Acting President,Professor Yemi Osinbajo,is to hold an interactive session tomorrow wednesday,with a cross-section of middle level,senior civil servants.Senior Special Assistant to the President {Media and publicity} Office of the Vice-President,Laolu Akande,said in a release,that the Acting President would be discussing the executive orders on business environment and promoting 'Made-in-Nigeria Products.''These are the people who will be directly responsible for the attainment of the objectives of the executive orders,so the Ag.President wants an opportunity to talk with them directly and also hear from them in person,'' Akande stated in the release.This is against the background of three executive orders signed by Osinbajo on thursday last week.Nothing that the interactive forum would be open for live coverage by a number of TV stations,and online streaming,Akande added that ensuring the effective implementation of the orders was critical for the overall prosperity of Nigerians.Also,as part of activities commemorating the Second year of the Buhari administration,Akande said that next week,on May 29,a presidential level Report Card event on the Social Investment Programmes of the Buhari presidency would be held in Aso Rock.''Here at this national event,we shall be updating Nigerians on the progress so far attained,how we are addressing some challenges and how President Buhari's Social Investment Programmes {SIPs} would be significantly expand going forward'',Akande noted.
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