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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CUSTOMS GENERATED ABOVE ONE TRILLION IN 2018.#PRESS RELEASE.

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    04 Jan 19
PRESS STATEMENT
Nigeria Customs service generated the sum of N1,202,271,240,478.30 for the year 2018, presenting N164,897,273,077.50 over 2017 collection which was N1,037,373,967,400.80.
Commenting on this historic feat, the Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) described it as the result of dogged pursuit of what is right rather than being populist by compromising national interest on the altar of individual or group interests.
The increasing annual revenue generation from the service in the last three years is the result of reform programmes which include but not limited to:
 Upgrade on the electronic systems from Nigeria Integrated Customs Information System (NICIS I) to NICIS II which has blocked leakages Strategic deployment of manpower
 Strict enforcement of extant guidelines by the Tariff and Trade department
 Robust stakeholder engagement resulting to increased compliance
 Increased disposition of Officers and Men to put national interest above selves.
In the same vain, the NCS reinvigorated anti-smuggling operations yielded a total of 5,235 seizures with duty paid value (DPV) of N61,543,633,401.31
These seizures include arms, ammunitions, more than 59 containers of Tramadol and other controlled drugs and 320,709 foreign rice etc.
Though smuggling remains a challenge, the service three layers security strategy continues to make smuggling unattractive to the would be smugglers.
While the service continues to deal decisively with smugglers, fellow citizens, especially border dwellers and port users are advised to support NCS by reporting any smuggling activity to the nearest Customs formation.
Together we can protect our economy and security by joining hands to fight smuggling and ensure that appropriate customs duty is paid on every dutiable import.
Accordingly, we appreciate compliant stakeholders that have supported the Service in 2018 and call on all Nigerians and especially international trade actors to help make 2019 better for the nation.
Joseph Attah
Public Relations Officer
For: Comptroller-General of Customs
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