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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PRESIDENT BUHARI TRAVELLED TO ADDIS ABABA TODAY+AS HE RECEIVED SPECIAL GUEST FROM THE OIL INDUSTRY EARLIER TODAY.{PHOTOS}.

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    President Muhammadu Buhari has departed Abuja for Addis Ababa, Ethiopia, to participate in the 30th Ordinary Session of the Assembly of Heads of State and Government of the African Union (AU).
President Muhammadu Buhari earlier today, received a delegation from Eni S.p.A led by its Chief Upstream Officer, Mr Antiono Vella and Chairman/Managing Director of Nigerian Agip Oil Company (NAOC), Agip Energy and Natural Resources (AENR) and Nigerian Agip Exploration Limited (NAE), Mr Massimo Insulla, at the Presidential Villa, Abuja.More photos below.
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