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 CUSTOMS MADE OVER FIVE HUNDRED BILLION IN 2018.#PRESS RELEASE.

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     17th July, 2018
PRESS STATEMENT
Nigeria Customs Service records improved performance in 2018 year reports with revenue collection of N556,774,889,977.64 and 1927 seizures as against N486,728,302,625.150 and 3798 seizures from January to June 2017. This shows increasing level of compliance, giving rise to more revenue and less seizures.
Some strategic actions taken that were responsible for the positive difference of N70,046,587,352.54 include:
1. Blockage of identified revenue leakages by the Tariff and Trade Department.
2. Introduction of Nigeria Integrated Customs Information System II, (NICIS II).
3. Trade analysis and timely audit of the system to enhance revenue collection among others.
The Service has continued to resharpen its anti smuggling strategies resulting in spectacular seizures of arms, and ammunitions, illicit drugs, rice, vehicles e.t.c.
Unfortunately, the sustained onslaughts against smugglers have made them desperate and more inclined to mobilizing people to attack Customs Operatives.
This ugly development clearly shows how little smugglers value National Economy and Security.
Consequently, the CGC has warned that henceforth NCS will not treat with levity any further attack on its Operatives who are discharging their statutory functions. In such situation officers will not hesitate to use appropriate force to defend themselves and protect national interest.
Joseph Attah
Public Relations Officer    
For: Comptroller – General of Customs.
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