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 SALUTES RUSSIAN PRESIDENT PUTIN ON RE-ELECTION

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     President Muhammadu Buhari has extended “sincere congratulations” to President Vladimir Putin of Russia on his victory in the recent presidential election in the Asian country.
In a letter on behalf of himself, the government and people of the Federal Republic of Nigeria, the President said Putin’s “success for the fourth time in the election is a clear testimony of the confidence” Russians have in his leadership.
He also urged his Russian counterpart to “see this victory as a base to continue to promote international peace and stability.”
President Buhari assured President Putin of “Nigeria’s commitment to a stronger and mutually beneficial relation with the Russian Federation under your watch.”
He said he looked forward to continue working with the Russian leader “to strengthen our defence, trade and technical partnerships as well as promotion of private sector participation in all sectors of our economies.”
FEMI ADESINA
Special Adviser to the President
(Media & Publicity)  
March 20, 2018.
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