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

PRESIDENT BUHARI PRESIDES OVER FEC MEETING TODAY+SOME MINISTERS GAVE PRESS BRIEFING AFTER THE MEETING.{PHOTOS}.

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        PHOTOS: Today's Weekly Federal Executive Council (FEC) Meeting, presided over by President Muhammadu Buhari at the Council Chamber, State House.
FEC briefing is about to kick off. Minister of Information Lai Mohammed is presiding and also addressing the press are Ministers of Water Resources, Agriculture, Health, and Minister of State, Power, Works and Housing.
Highlights of the briefing:
1.) Ministry of Water Resources- FEC approved a memo for the completion of an abandoned irrigation project benefiting Kano & Jigawa States. This project, abandoned since 2000, is presently at 50% completion and will increase irrigation hectarage in Nigeria by more than 2000 hectares. Expected completion period for this project is 24 months. The irrigation project is one of the 116 large-scale abandoned/uncompleted projects inherited by the Ministry and they are determined to complete all abandoned projects.
More photos below.

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