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

GHANA TO HOST AFRIMA 2018.

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       According Leadership ''Even as the nation of Ghana has won the hosting rights for All Africa Music Awards AFRIMA 2018, the annual calendar of programmes will be unveiled on Monday, May 21, 2018 by the African Union Commission (AUC) in collaboration with Government of the Republic of Ghana during a world media event and music conference scheduled for Accra. Participating at the event are past AFRIMA nominees and winners, music professionals and executives, creative/culture industry policy makers, members of the media industry and other award-winning recording artistes living in Ghana and in other African countries. Commenting on the event in line with government’s objective to develop sustainable tourism pivoted on Ghanaian arts and culture, Ghana’s Minister of Tourism, Arts and Culture, Hon. Catherine Afeku, said:  “Arts and culture, as a sector, remains one of Africa’s greatest strengths. As well as being a source of values, identity and a sense of belonging, the creative industries have become a driver of economic growth and job creation. In agreeing to host the AFRIMA 2018 Calendar Unveiling, the Government of Ghana is motivated by the need to harness the potential of the creative sector of Ghana to promote national and regional tourism. We congratulate the African Union for lending its weight behind this laudable effort. Hon. Afeku added, “The Government of Ghana recognizes the potential of the Creative Industries to shape and reinforce the country’s economic growth. Studies show that by the end of the first decade of this millennium, cultural activities contributed to 1.53% of the Gross Domestic Product (GDP) of our country.  Zeroing in on music industry, it is reported with some justifiable pride that that sector alone adds approximately GH¢100 million to GDP”. Speaking on the collaborative work by the African Union and the International Committee of AFRIMA to create inventive solutions to achieving the AU Charter for African Cultural Renaissance and the Plan of Action on Cultural and Creative Industries, the Acting Director for Social Affairs, African Union Commission, Madam Mariama Cisse revealed that partnerships with member AU states such as Ghana further galvanise the achievement of the AU policy on Africa transformation through social integration. In her statement, the Acting Director for Social Affairs, African Union said, “The hosting by the Republic of Ghana of this unveiling event is very important given that previous events were hosted by the Federal Republic of Nigeria and it is crucial that the initiative rotates in the AU Member States to ensure broader popularization and enhance its Pan-African nature. We thus express our gratitude to the Government of the Republic of Ghana for hosting the event and call upon all musical artists to participate in the initiative by submitting their works once the call for submissions is open”. AFRIMA, Africa’s biggest music awards property, will roll out the 2018 calendar under the theme “Africa is Music”. In partnership with the African Union, the All Africa Music Awards is a music property that recognises and rewards the work and talent of a myriad of African artists from the old to the new generation of musicians..
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