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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SARAKI MET WITH THE NIGERIAN COHORT OF THE OBAMA FOUNDATION TODAY.[PHOTOS}.

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   Senate President Bukola Saraki shared this photo above on social media with the caption ''I had a great time discussing new ways of making progress in our economy over breakfast with the Nigerian cohort of the Obama Foundation Leaders Program.We had an interesting session exploring innovative ways to tackle issues like ease of doing business, progressive leaderships at MDAs through oversight, and our education curriculum.It is always refreshing to meet with forward-thinking and vibrant minds who have fully committed themselves to influencing national policy andtaking advantage of legislative actions to further their combined agenda.I have committed to follow-up with industry specific hearings to produce an action plan''.
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