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

READ PRESIDENT BUHARI'S REMARKS/SPEECH TODAY AT THE COMMEMORATION & INVESTITURE HONOURING THE HEROES OF JUNE 12.{PHOTOS}.

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        Remarks by President Muhammadu Buhari at the Special National Honours Investiture for late Chief MKO Abiola, Ambassador Baba Gana Kingibe and late Chief Gani Fawehinmi, at the State House Conference Centre, Abuja.
The above remark reads-
    Today I am very happy to be present and to preside over the Commemoration and Investiture,marking the formal official Federal Government recognition of June 12 as National Democracy Day.
1. The decision and this event is not meant to be and is no an attempt to open old woulds but to put right a national wrong.Nigerians of their own free will voted for Late Chief MKO Abiola and Amb. Baba Gana Kingibe,the Presidential flag bearer and running mate of the Social Democratic Party {SDP} in the 1993 elections.The Government of the day inexplicably cancelled the elections when it was clear who were going to be the winners.

2. We cannot rewind the past but we can at least assuage our feelings;recognized that a wrong has been committed and resolve to stand firm now and in the future for the sanctity of free elections,Nigerians would no longer tolerate such perversion of justice.
This retrospective and posthumous recognition is only a symbolic token of redress and recompense for the grievious injury done to the peace and unity of our country.
3. Our decision to recognize and honour June 12 and its actors is in the national interest.It is aimed at setting national healing process and reconciliation of the 25 year festering wound caused by the annulment of the June 12th elections.I earnestly invite all Nigerians across all our national divide to accept it in good faith.
4. Our action today is to bury the negative side of June 12,the side of ill-feelings,hate,frustrations and agony.What we are doing is celebrating and appreciating the positive side of June 12.The June 12,which restate democracy and freedom.The June 12 that overcome our various divide and the June 12 that produced unity and National cohesion.This is the June 12 we are celebrating today and we will nurture it to our next generation.
5. Accordingly,on behalf of the Federal Government,I tender the nation's apology to the family of Late MKO Abiola,who got the highest votes and to those that lost their loved ones in the cause of June 12 struggle.
6. At this juncture,Ladies and Gentlemen,I would like everybody present to stand and observe a minute silence in honour of the memory of Chief MKO Abiola and Chief Fawehinmi and indeed all those who lost their lives in the struggle of June 12 1993.
One more photo below.
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