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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2018 BUDGET,PASSED TODAY BY THE NATIONAL ASSEMBLY.{PHOTO}.

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     Senate President made this known on social media few hours ago after he shared this photo above with the caption ''Nigeria accounts for 10% of the worlds maternal mortality and 8% for infant mortality. These statistics are unacceptable for a nation like ours. This is why, today, the National Assembly passed the #Budget2018 with the stipulation that 1% of the CRF must be used to fund healthcare across the nation in the Basic Health Care Provision Fund (BHCPF). We promised, and we have delivered.This is a happy day for those of us who come from the medical profession because this 1% budget towards healthcare will go a long way in helping to build a healthier nation. On behalf of all medical professionals, I want to thank the National Assembly for this''.
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  1. Anonymous1 June 2018 at 09:49

    I could not refrain from commenting. Well written!

    ReplyDelete

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