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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3 BILLS WERE SIGNED BY PRESIDENT BUHARI TODAY.

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      President Muhammadu Buhari on Tuesday, December 5, 2017 assented to the following Bills:
1. Federal College of Dental Technology and Therapy (Establishment) Bill, 2017. The college to be sited in Enugu, is to provide courses of instruction leading to the award of degrees, diplomas and certificates in dental technology, dental therapy and related courses.
2. Air Force Institute of Technology of Nigeria (Establishment) Bill, 2017. The Institute to be situated in Kaduna, is to give technical training to the personnel of the Nigerian Air Force and other services of the Nigerian Armed Forces, Nigerians and citizens of other African countries.
3. National Intelligence Agency Pensions (Establishment) Bill, 2017, is to administer the pensions scheme for personnel of the Agency, sequel to the exit of the Agency from the application of the Contributory Pension's Scheme under the Pension's Reform Act, 2004.
FEMI ADESINA
Special Adviser to the President
(Media and Publicity)   
 December 6, 2017.
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