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

ABUJA LIGHT RAIL PROJECT EMPLOYS 10,000 NIGERIANS,MINISTER TOLD DURING PROJECT INSPECTION.{PHOTOS}.#PRESS RELEASE.

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    About 10,000 Nigerians were employed during the construction of the Abuja Light Rail Project, which was recently commissioned by President Muhammadu Buhari, while 100,000 more will be directly or indirectly employed when the project begins full operation.
About 10,000 Nigerians were employed during the construction of the Abuja Light Rail Project, which was recently commissioned by President Muhammadu Buhari, while 100,000 more will be directly or indirectly employed when the project begins full operation.
Mr. Agbakoba said that in addition, 68 highly-skilled personnel have been trained in Malaysia and China on Railway Operations and Management in order to build the required technical capacity needed to run such a modern rail system.
“FCTA (Federal Capital Territory Administration) and Nigeria now have capacity to supervise similar railway construction projects from start to completion within 3 to 4 years of conception,” he said.
While conducting the Minister and his team round the train stations, the Secretary of Transportation in the FCTA, Mr. Kayode Opeifa, said the present administration inherited the Abuja Light Project at 53% completion stage and delivered the project within 18 months.
He said the project is the first integrated mode of Transportation in Africa that connects the railways and the airport in order to ensure seamless movement of passengers.
Mr. Opeifa said a desk will be assigned to the Federal Ministry of Information and Culture at the Airport Station to showcase the nation's rich cultural heritage and tourism attraction, adding that the station itself is a tourist attraction.
He said although the Abuja Light Rail is currently on a test run with 3 coaches, contract for the construction and supply of 48 additional coaches has been awarded, with the coaches expected to be delivered in batches.
In his remarks, The Minister of Information and Culture, Alhaji Lai Mohammed, said the Buhari Administration is building a legacy of enduring infrastructure for posterity.
“This administration is not looking for quick fixes because quick fixes don’t work. We are laying a foundation for an enduring infrastructural development. We are painstaking and very transparent and we remain focused and committed,” he said.
Alhaji Mohammed expressed the confidence that Nigeria possesses the required technical competence to manage the Light Rail Project and turn it into a huge success.
“Some of the key personnel, who have worked in virtually major rail companies in the world, are actually anchoring the programme. Some of them have been trained in the best schools in the world for transportation and so we are confident of the expertise and experience of the personnel that are handling the light rail and the regional rail,” he said.
The Minister said the level of successes being recorded by the present administration, in its key priority areas, has left the opposition in shock, hence their resort to fake news and hate speech.
The 45.2-kilometre Light Rail Project, which is divided into six lots, comprises 12 stations, 50 culverts, 13 railway bridges, 9 pedestrian bridges, 15 flyovers, and a 21-building Rolling Stock Depot.
Since kick-starting the nationwide tour of Federal Government projects in May 2018, the Minister has inspected eight Federal Government projects, including the Lagos-Ibadan Standard Gauge Rail Line, Lagos-Ibadan, Oyo-Ogbomoso and Enugu-Port Harcourt Expressways, and the Second Niger Bridge.
Segun Adeyemi
SA To Hon Minister of Information and Culture
Abuja
2 August,2018.
One more photo below.
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