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 Federal Government has described as indecent,inhuman and ill-timed the statement credited to a faction of the PDP criticising the process that led to the release of the 82 Chibok Girls over the weekend.In a statement issued in Abuja yesterday monday,the Minister of Information and Culture,Alhaji Lai Mohammed,said it is patently insensitive for any individual or organization to seek to douse,on the altar of politics,the universal joy that has greeted the release of the 82 girls,the highest number so far freed since their unfortunate abduction under the watch of the PDP over three years ago.He said from the ill-advised statement,it is clear that the PDP,whose incompetence and cluelessness precipitated the Chibok girls crisis in the first instance,is not wishing and praying for it to end with the safe return of the abducted girls.''In his inaugural address,President Muhammadu Buhari said the Administration cannot claim to have defeated Boko Haram without rescuing the Chibok girls.He also said this government WILL DO ALL IT CAN to rescue them alive.If that includes swapping some Boko Haram elements for the girls,so what? Will the PDP rather have the girls stay in perpetual captivity,just to prove a ludicrous point? Didn't superpower United Stateds engage in negotiation s with the Taliban that led to the exchnge of five Taliban fighters for US Army Sgt Bowe Bergdahl in 2014? Didn't Israel releae 1,027 Palestinian prisoners in exchange for one Israeli soldier,Gilad Shalit,in 2011.A lot of factors come into play when a nation has to decide whether or not to engage in prisoner/hostage swap.None,however,trounces the sanctity attached to human life and the consideration for the pains of the loved ones of those involved.Since the PDP failed-as it did in everything to rescue even one of the Chibok girls,the party should hold its peace while this Administration continues to seek the release of all the abducted girls,using every means at its disposal,in addition to working assiduosly to end all Boko Haram hostilities'',the Minister said.
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