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

HYDRO-POWER: EDO GOVT,TO DAN IKPOBA,OVIA RIVERS+PARTNERS UNDP.{[PHOTO}.

Edo State Governor, Mr. Godwin Obaseki (right); Facilitator/Coordinator, Maritime Security Agency (MSA), Bishop Goodluck Akpore (2nd from right); Member, MSA, Igiebor. O. Semi (2nd from left), and Acting Director-General, MSA, Awighoza Friday (left), during the courtesy visit by MSA to the governor at the Government House in Benin City, Edo State.
     The Edo State Government has disclosed that it is in talks with the United Nations Development Programme (UNDP) to harness the state’s water resources to generate electricity.
This was disclosed by the Governor of Edo State, Mr. Godwin Obaseki, when he received the Coordinator and Officers of the Maritime Security Agency (MSA) during the group’s courtesy visit to the governor at the Government House in Benin City, Edo State.
Obaseki said the partnership talks with the UNDP on electricity generation is to strengthen the state government’s efforts to promote economic activities.
He said, “We are currently working with the UNDP to develop a mini-hydro project from the water resources in the state, specifically from Ovia and Ikpoba Rivers.
“We have identified two major projects. The state government will take advantage of the opportunity provided by these water bodies to generate electricity to boost economic activities in the state.”
According to Obaseki, “this administration is open to collaboration with relevant groups and agencies to complement government policies designed to grow the economy of the state and secure our internal waterways.”
The governor added that his administration supports the bill for the establishment of the Maritime Security Agency as the creation of the agency will safeguard internal waterways across the country.
Coordinator and facilitator, Maritime Security Agency, Bishop Goodluck Akpore, commended the governor for his drive in promoting economic development in the state, noting “your effort in promoting economic development in the state is visible to all.”.Akpore said the objectives of the agency include to provide security, information and mechanisms to protect national maritime zones in the country, coordinate Nigeria’s Maritime security in collaboration and consultation with the relevant agencies.
Edo State Governor, Mr. Godwin Obaseki (right); Facilitator/Coordinator, Maritime Security Agency (MSA), Bishop Goodluck Akpore (2nd from right); Member, MSA, Igiebor. O. Semi (2nd from left), and Acting Director-General, MSA, Awighoza Friday (left), during the courtesy visit by MSA to the governor at the Government House in Benin City, Edo State.

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