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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AS WE BEGIN OUR LEGISLATIVE ACTIVITIES FOR THE NEW YEAR,WE WILL NOT GET CAUGHT UP IN THE POLITICAL FRAY-SARAKI.{PHOTO}.

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    Senator Saraki post on his social media hour ago a photo with the caption ''As we begin our legislative activities for the new year, we will not get caught up in the political fray before due season. Each and every thing under the sun has its own time. This is Nigeria’s time. We will devote ourselves to her service.
In this regard, we will speed up consideration on the various bills on which legislative work remains outstanding – particularly economic bills. We will also focus on the other parts of the Petroleum Industry Bill (PIB) related bills still to be passed, namely: the Petroleum Industry Fiscal Bill and the Petroleum Host Community Bill.
Our legislative duty to Nigeria and its people must be uppermost in our minds. We must not allow the upcoming 2019 elections to overshadow our work for the people that elected us - or distract us from that which we are mandated to do by the constitution and the trust reposed in us by the people.Therefore, I appeal to all political actors that it is too early for 2019 politicking to override the legislative agenda and the larger work of governance''.
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