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: BOKO HARAM OVERRUN MILITARY BASE IN YOBE, SOLDIERS MISSING.#PRESS RELEASE.

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     PRESS RELEASE
1. The attention of the Nigerian Army has been drawn to a publication on the front page of Daily Trust Newspaper of Monday, 16 July 2018 titled “BOKO HARAM OVERRUN MILITARY BASE IN YOBE, SOLDIERS MISSING”. In the said story, the report stated inter alia, that “over six hundred soldiers are still missing after suspected Boko Haram militants overran a military base in Yobe state”.
2. The Nigerian Army wishes to state categorically that the report is not only untrue but capable of misleading members of the general public.
3. The write-up further alleged that about 100 of the troops that disappeared from the base in Jilli after the clash have reported in Geidam town but very few of them had their weapons with them.
4. Contrary to the report, the Army wishes to state that, although the base was attacked by suspected Boko Haram insurgents, troops reorganised and successfully repelled the attack and normalcy has since returned to the area. Also, all the troops in the base were accounted for contrary to the report.
5. Consequently, the Nigerian Army wishes to state that the fight against Boko Haram Terrorists in the North Eastern parts of the country is yielding positive result that lead to the return of some Internally Displaced Persons (IDPs) back to their ancestral homes.
6. The Nigerian Army therefore advised members of the public particularly residents of the affected areas to go about their legitimate businesses and disregard the said report as the Nigerian Army will continue to protect lives and property of citizens at all times.
7. The Nigerian Army also call on the media to always restrain caution, verify facts as well as balance their reports before rushing to the press to avoid misinforming the public on sensitive issues.
8. Thank you.
TEXAS CHUKWU 
Brigadier General  
 Director Army Public Relations
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