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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MARITIME UNIVERSITY GRANTED APPROVAL TO COMMENCE UNDERGRADUATE DEGREE PROGRAMMES.#PRESS RELEASE.

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      In line with the Buhari administration’s New Vision to develop the Niger Delta region, Maritime University, Okerenkoko, Delta State, has been granted approval by the National Universities Commission (NUC) to commence undergraduate degree programmes effective from the 2017/2018 academic session.
The NUC approved that academic activities commence in three faculties namely; Transport, Engineering and Environmental Management.
The Faculty of Transport has four departments, namely: Nautical Science, Transport Logistics Management, Marine Economics and Finance, and Port Management.
The Faculty of Engineering has five departments – Marine Engineering, Civil Engineering, Electrical Engineering, Mechanical Engineering and Petroleum and Gas Engineering, and the Faculty of Environmental Management has four departments: Environmental Management and Pollution, Meteorology and Climate Change, Fisheries and Aquaculture, and Marine Geology.
The Maritime University will be extended all privileges accorded to other Federal Universities.
It would be recalled that the University commenced operations in 2017 and, in November 2017, invited job applications for academic staff with advert placement in major national dailies.
President Muhammadu Buhari also approved an increase in the take-off grant allocated to the University from the N2bn earlier announced to N5bn. This sum was included in the 2018 budget presented to the National Assembly in November 2017.
Similarly, an additional N1B was approved by the President to support essential infrastructure works and staff recruitment in the University.
Under the New Vision for the Niger Delta, which followed the President’s meeting with leaders of Pan Niger Delta Elders Forum (PANDEF) in November 2016, Vice President Yemi Osinbajo, SAN, was delegated to undertake a tour of the oil producing communities and the take-off of the Maritime University was one of the major requests tabled before the Federal Government.
Laolu Akande
Senior Special Assistant to the President (Media & Publicity)
Office of the Vice President   
21 February, 2018
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