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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NIGERIA WILL PREVAIL OVER BOKO HARAM, PRESIDENT BUHARI ASSURES.#PRESS RELEASE.

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       President Muhammadu Buhari has expressed deep shock over the killing of military personnel in Metele village of Borno State by Boko Haram terrorists, assuring at the same time that immediate measures are being taken to ensure that the loopholes which led to the fatalities are blocked once and for all.
Reacting to the tragic incident, the President said that his administration remains ever committed and focused on the security of military personnel and other citizens.
According to President Buhari, "No responsible Commander-in-Chief would rest on his oars or fold his hands to allow terrorists to endanger the lives of its military personnel and other citizens. Our loyal forces have proved their strength over the terrorists and we are ready to give them all the needed support in terms of equipment and manpower to succeed in ending the renewed threat. In the coming days, I am engaging the Military and Intelligence Chiefs in extensive discussions on the next steps we shall be taking.”
The President noted that fighting terrorism has taken a global dimension, which necessitates international collaboration among states facing similar security challenges.
President Buhari reassured Nigerians of his continued commitment to their security and of his efforts to sustain the momentum in the previous significant successes recorded against the terrorists.
He, however, advised Nigerians against making a political capital out of national tragedy, stressing that members of the armed forces are one family who are commonly committed to the security and safety of all Nigerians.
GARBA SHEHU
Senior Special Assistant to the President
(Media & Publicity)  
November 24, 2018
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