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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NIGERIAN MILITARY DECLARES IPOB A TERRORIST ORGANISATION TODAY.

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Related image                   Director, Defence Information, Major-General John Enenche, in a statement on Friday, said parents should dissuade their wards from joining the group and that the Armed Forces will confront “all security challenges facing the country.’’
Enenche listed reasons for the declaration to include, the formation of a Biafra Secret Service, claimed formation of Biafra National Guard, unauthorised blocking of public access roads; extortion of money from innocent civilians at illegal roadblocks, and militant possession and use of weapons (stones, molotov cocktails, machetes and broken bottles among others) on a military patrol on September 10, 2017.
“From the foregoing, the Armed Forces of Nigeria wishes to confirm to the general public that IPOB from all intent, plan and purpose as analysed, is a militant terrorist organisation,” it said.
Based on the declaration, the army warned Nigerians against joining the group.
“Therefore, parents and particularly unsuspecting residents of the South East and other Nigerians should advise their wards to desist from joining the group,” it said.
“The Defence Headquarters restates its commitment to handling all the security challenges in the Country and further assures all Nigerians of the protection of lives and property.”
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