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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IGP PLACES EMBARGO ON ISSUANCE OF NEW ARM LICENCES+CALLS FOR VOLUNTARY SURRENDER OF WEAPONS TODAY.#PRESS RELEASE.

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      In reply please quote:
Ref No.CZ:5300/FPRD/FHQ/ABJ/VOL.2/2 Date: 27th January, 2019
The Director of News 
…………………………
PRESS RELEASE
PROLIFERATION OF ILLICIT WEAPONS:
Consequent upon intelligence indicating the presence of huge quantity of arms in unlawful possession of some Nigerians, the desperation of some citizens to acquire more arms, and the continued proliferation of illicit weapons in the polity, with the attendant negative and security implications, the Inspector General of Police, Ag IGP Mohammed A. Adamu NPM, mni , has called on all Nigerians currently in unlawful possession of such weapons to immediately ensure a voluntary return of the weapons to Police Station or Public Armoury nearest to them.
2. The Inspector General of Police has also, with immediate effect, placed an embargo on the issuance of New Licences for designated arms throughout the country.
3. The IGP advises Nigerians to take advantage of the "voluntary arms return window" and do the right thing as there will be dire consequences for defaulters and those who fail to heed the call.
4. Meanwhile, the Force has perfected plans to embark on a massive, nationwide Joint Arms Mopping up Operations. The operation which will be intelligent driven and target oriented, is designed to retrieve all illicit weapons in circulation, halt the on-going proliferation of weapons, restore law and order and bring perpetrators to justice.
ACP FRANK MBA
FORCE PUBLIC RELATIONS OFFICER
FORCE HEADQUARTERS
ABUJA.
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