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 Minister of Information and Culture,Alhaji Lai Mohammed,has said the Federal Government will soon adopt a policy to give the right of first refusal to indigenous consultants in its projects.The Minister disclosed this in Abuja on Friday when he received the Public Relations Consultants Association of Nigeria {PR-CAN} on a courtesy visit to his office.He said even when a foreign consultant is coming into the country,the company must involve indigenous consultants.''I remember that at the last Federal Executive Council Meeting,it was hotly debated that in all forms of consultancy we should as a matter of policy insist that no consultant should come without his own Nigerian partner.That way we believe that it will make it easier for us to develop the capacity,skills and the expertise of our home-grown consultants.When you involve your own consultants in your projects,you are not just taking expert advice,you are also employing people who have already bought into the project and who appreciate the fact that the success of that project is the success of the country.We believe in skills and technology transfer but if yoy don't give your people a chance,who is going to give them a chance? People argue that the Nigerian consultants don't have the requisite experience.Even if that is the case,how will they get it if you continue every time to shun them and you prefer foreign consultants? These fore consultants got to where they got to because they were given the opportunity from their country,'' the Minister said.He said once the policy is active,government ministries and agencies will begin to involve consultants like PR-CAN in their programmes.
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