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

THE 8TH NIGERIAN SENATE MADE HISTORY WITH THE PASSAGE OF 29 CONSTITUTIONAL AMENDMENT BILLS TODAY-SARAKI.{PHOTO}.

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      What this Constitution Review exercise represents is a foundation laying process that will create more opportunities for the young people in our nation.
Additionally, through this process, we have redefined our budget process and addressed numerous legal issues that have bogged us down for many years.
For example, for many years, as a nation, we have not been saving. Today’s Constitution Review has made it binding for us to save.
Additionally, we have shown our commitment to the fight against corruption by providing autonomy to the Attorney General and the Accountant General through this review. We have also guaranteed improved administration of our local governments, strengthened our democracy through more credible elections, and empowered our judiciary in the dispensation of justice
Most importantly, we have opened the road for a new Nigeria where younger people can run for elected positions, through the passage of the #NotTooYoungToRun Bill.
Now that we have laid a new foundation to improve our nation, I would like to thank you all for participating in this process!
Our work continues!
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