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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RE: NIGERIAN ARMY LAUNCHES ISLAND PROTECT IN LAGOS .#PRESS RELEASE.

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       1. The attention of the Nigerian Army has been drawn to a publication on page 6 of The Guardian newspaper of Sunday 3 June 2018 and a section of social media online publication titled "NIGERIAN ARMY LAUNCHES ISLAND PROTECT IN LAGOS'. In the said story, the report stated inter alia that "the Chief of Army Staff (COAS) Lieutenant General Tukur Buratai, set the ball rolling for the initiative, which will be located off Banana Island Lagos State". The Nigerian Army wishes to state categorically that the report is not only untrue but capable of misleading members of the general public.
2. The write-up further alleged that the project, under the auspices of the Nigerian Army Properties Limited (NAPL), is contracted to Van Oord and Julius Berger with Dauraf International Limited as developer.
3. Contrary to the report, the Nigerian Army wishes to state that, the Nigerian Army Properties Limited was established by the authority of the Army Council to cater for the housing needs of the Nigerian Army personnel.
4. It is pertinent to state at this point and to put the record in its proper perspective that, the Chief of Army Staff while on Operational visit to Lagos State uses the opportunity to visit the Banana Island Lagos and not flagging-off of the project as insinuated by the guardian newspaper and the social media online publication.
5. Consequently, the Nigerian Army wishes to state that the writer has only succeeded in exhibiting his complete lack of knowledge about the said project and its administration.
6. The Nigerian Army therefore calls on the authority of The Guardian newspaper to advise the reporter to cultivate the habit of verifying facts as well as balancing his report before rushing to the press. The management of The Guardian newspaper is requested to tender an unreserved apology to the Nigerian Army through the same medium or be ready to face legal action.
7. You are please requested to disseminate this information to the general public through your news media.
8. Thank you for your usual support and cooperation.
TEXAS CHUKWU 
Brigadier General 
Director Army Public Relations
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