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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NIGERIA WILL STOP IMPORTING FUEL BY 2019+BORNO ABDUCTION ''ATROCIOUS & COWARDLY''-OSINBAJO.{PHOTOS}.

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Image may contain: 2 people, people sitting and indoor                   Today's Federal Executive Council (FEC) meeting at the Council Chamber of the State House, Abuja. The meeting was presided over by Acting President Prof. Yemi Osinbajo.Where it was decided that Nigeria will stop importing fuel {PMS} by 2019.


Acting President Yemi Osinbajo, SAN, condemns the atrocious and cowardly abduction of women which occurred recently in Borno State.He sympathises with the families of the abducted women, and assures that the Federal Government will spare no efforts to ensure the safe and speedy return of all the victims.
The Acting President has therefore directed Nigeria's military and intelligence agencies to take all necessary steps including coordinating with our international partners to rescue the abducted women, as well as to ensure further tightening of security in and around Borno State.
The Buhari presidency assures that the ongoing efforts of security agencies, including the establishment of additional military and police bases in parts of the country, as well as the improved intelligence gathering will continue, and commends some of the recent significant breakthroughs in combating kidnapping and banditry in the country.
Laolu Akande
Senior Special Assistant to the President on Media and Publicity
Office of the Acting President
19 JULY 2017.
More photos below.
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