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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NIGERIA IS SAFE, SECURE FOR TOURISM – PRESIDENT BUHARI.#STATE HOUSE PRESS RELEASE TODAY.

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      President Muhammadu Buhari Tuesday in Abuja declared that Nigeria is safe and secure for tourism, citing improved security and country’s burgeoning economy.
Receiving Mr Zurab Pololikashvili, the Secretary-General of United Nations World Tourism Organisation (UNWTO) at the Presidential Villa, the President said it would have been inconceivable to host an international tourism conference in Abuja four years ago, because of security concerns.
‘‘I am pleased that the country is now sufficiently safe and secure, and the message should go out to the world for all tourists and business travellers. The first thing tourists look out for is security and I am happy we have it now.
‘‘Minister Lai Mohammed has been trying to convince the world that Nigeria is safe and has great potentials for tourism and investment. I am glad that you and your team have come here to see things for yourself,’’ the President told the UN tourism chief, who is in Abuja for the 61st UNWTO Commission for Africa (CAF) conference.
Highlighting the nexus between tourism and sustainable development, the President said Nigeria would not be left behind in ensuring that communities and businesses benefit from tourism development.
In his remarks, Pololikashvili commended Nigeria for the successful hosting of the conference which brings together African Ministers of Tourism, principal executives of the global tourism body and other stakeholders in the tourism sector.
The UN tourism chief told the President Nigeria had huge potential to develop the tourism sector considering its large economy.
‘‘We can do it in Nigeria, we can create, convert Nigeria to the main tourist destination in Africa. There is a huge potential here. Culture, nature, food you have everything here.
‘‘You are investing in agriculture, improving seamless travel through visa-on-arrival programme, reforming the economy and doing so much on security. Nigeria is safe,’’ Pololikashvili said.
Also speaking, the Information and Culture Minister said 166 delegates, including 26 tourism ministers from Africa are attending the UN tourism conference, holding from June 4 to June 6 in Abuja.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity) 
  June 5, 2018
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