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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FLOOD DISASTER VICTIMS TO RECEIVE ADDITIONAL SUPPORT, PRESIDENT BUHARI ASSURES.{PHOTOS}.#PRESS RELEASE.

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      President Buhari who attended the Grand Finale of APC Gubernatorial Campaign Rally in Osun State on yesterday 18th Sep 2018 assured flood disaster victims will receive additional support.
   The Press Release states as follows:
President Muhammadu Buhari Tuesday expressed solidarity with Nigerians in several states affected by menacing floods and directed all Federal government agencies “to use their authority and resources to assist the victims affected by the natural disaster.”
The new presidential directive was conveyed through the Director-General of the National Emergency Management Agency (NEMA), Engr. Mustapha Maihaja.
By the delegation of his authority to declare a National Disaster in response to the increasing threats of destruction by floods, the NEMA DG is mandated to coordinate a national response to emergency situations and in doing so, empowered to direct any or all agencies of government to use their authority and resources to offer assistance to victims affected by the floods.
In a warning to all the agencies of the Federal government, the President requested that any such agency that failed to assist should be reported to him.
The President expressed his sympathies to all families who lost property and their loved ones arising from the floods.
Noting that the loss of lives cannot be compensated, President Buhari assured Nigerians that his administration will do all it can to minimize the suffering and misery of citizens affected by the disaster.
Garba Shehu
Senior Special Assistant to the President
(Media and Publicity)
More photos below.
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