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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NO FOREIGN PRESSURE ON PRESIDENT BUHARI TO DROP 2ND TERM BID-PRESIDENCY.#PRESS RELEASE.

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    It is necessary to respond to a tendentious story published today as cover choice by Daily Independent Newspaper.
Under the headline, ‘Pressure mounts on Buhari not to seek re-election,’ the fiction parading as news claims that foreign powers, including the European Union, United States of America, United Kingdom, and Saudi Arabia, are putting pressure on President Buhari not to seek re-election, due to some concocted reasons.
We thought fake news was the sole preserve of the social media in this season. Alas, a traditional medium has caught the bug. Obviously, the author of the story just got a brain wave, or got procured by anti-democratic elements, and then penned the mischief.
If there are quarters in which President Buhari is held in very high esteem, and the work he is doing for Nigeria highly lauded, it is in the countries mentioned. Some of them are equally bastions of democracy, and will not interfere in the democratic affairs of a sovereign country. The newspaper should simply tell its story to the marines.
President Buhari is not a flippant or frivolous individual. He gave deep thought to the prospect, before announcing his bid for a second term in office. It is only those who fear that their goose would be cooked, if they meet with him at the polls, that are trying to dissuade him from running by all means, including sponsored newspaper stories.
By saying it got feelers that President Buhari may opt out of the 2019 presidential election, Daily Independent embarrassed itself, and all those who love good journalism. The newspaper can surely do better.
Femi Adesina
Special Adviser to the President  
(Media and Publicity)  
 August 14,2018.
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