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

BUHARI RECEIVED TRADITIONAL RULERS FROM ABIA STATE TODAY.{PHOTOS}.

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     President Muhammadu Buhari received in audience, a delegation of traditional rulers from Abia State, led by His Royal Majesty, Eze Dr. Isaac Ikonne, Enyi 1 of Aba.
The meeting provided an opportunity for Mr President to reiterate his administration’s commitment to the development of Abia State, and especially the city of Aba.
Recall that just last week, during President Buhari's visit to China to attend the Forum for China-Africa Cooperation (FOCAC2018), he met with executives of one of the largest cotton and garment companies in the world, who will soon establish operations in Aba.
Both the Federal Government and the Abia State Government worked hard jointly on the project, to attract this very important investor. The proposed investment will create thousands of jobs for Aba’s vibrant and creative youths."I am very excited about this project in Aba, and have directed the Minister of Industry, Trade and Investment to ensure the investment is actualised within the shortest possible time."- President Muhammadu Buhari.More photos below.
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