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

BUHARI TO TRAVEL TO ISTANBUL TOMORROW+SIGNED INTO LAW A BILL ESTABLISHING THE UNIVERSITY OF PETROLEUM RESOURCES EFFURUN.{PHOTO}.

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       President Muhammadu Buhari today signed into law a bill establishing the University of Petroleum Resources, Effurun, Delta State. #NDNewVision
STATE HOUSE PRESS RELEASE
PRESIDENT BUHARI TO ATTEND D-8 SUMMIT IN ISTANBUL, VISIT ANKARA
President Muhammadu Buhari will Wednesday depart for Istanbul, Turkey to participate in the ninth Summit of the Developing 8 (D-8) on Friday, October 20, 2017.
Prior to the D-8 Summit, President Buhari, at the invitation of President Recep Tayyip Erdogan of Turkey, will participate in an official working visit to Ankara, the capital city.
In Ankara, the President will have a tete-a-tete with his Turkish counterpart while delegations from both countries will hold discussions in various fields including defence cooperation, security, educational and migration issues.The Nigerian leader will also visit the Grand National Assembly of the Republic of Turkey in Ankara where he will meet with the Speaker, Ismail Kahraman.
While in Istanbul, the Turkish commercial centre, President Buhari will use the occasion of the D-8 Summit to bolster warm and growing ties across a broad range of areas of cooperation with leaders of the D8-member countries, namely Bangladesh, Egypt, Indonesia, Iran, Malaysia, Pakistan and Turkey.
The Summit with the theme, ‘‘Expanding Opportunities through Cooperation’’, will among other things, focus on cooperation in the areas of agriculture, trade, transport, energy and increased private sector participation among member-countries.
During the ninth Summit of the D-8, which will also mark the 20th anniversary of the organisation established to improve the developing countries’ positions in the world economy, the President will highlight the significant show of confidence in Nigeria’s business environment and economy.
He will also affirm Nigeria’s resolve to work with D-8 member-countries on many key areas, including peace and security, economy and trade.
At the end of the Summit, the Heads of State and Government will adopt a Communiqué, also known as the 'Istanbul Declaration'.The President will be accompanied on the trip by ministers, top government officials, including the Comptroller-General of the Nigerian Customs Service, Hameed Ali.
FEMI ADESINA
Special Adviser to the President
(Media & Publicity) 
October 17, 2017.
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