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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KING OF JORDAN ASSURES NIGERIA OF MORE SUPPORT TO END TERRORISM.{PHOTO}.#PRESS RELEASE.

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   Related image     President Muhammadu Buhari on Saturday extended appreciation to King Abdullah II bin Al-Hussein of Jordan for the continuous support Nigeria received from the country to fight terrorism, saying the investment in Nigeria’s peace and security will always be remembered.
President Buhari, who met with King Abdullah II on the sideline of the World Economic Forum on Middle East and North Africa holding in Dead Sea, Jordan, said the international support Nigeria got, particularly from Jordan, showed commitment to making the world a more harmonious and peaceful place where people can live and pursue their interests without fear.
He said the support and encouragement enabled the Nigerian military to degrade terrorism.
The President said both Nigeria and Jordan would need to strengthen trade relations by exploring areas of competitive advantage.
In his remarks, the King of Jordan said his country will continue to support Nigeria with hardwares to ensure that the global war against terrorism is successfully prosecuted.
He said the long term bilateral relations between both countries will be strengthened in trade and innovative ideas that will benefit citizens.
President Buhari also met with the Minister of Energy, Industry and Mineral Resources of Saudi Arabia and Chairman of Saudi Aramco, Khalid A. Al-Falih, assuring him that Nigeria remains committed to the terms of the Organisation of Petroleum Exporting Countries (OPEC), especially on the quota system.
“We have been working together at OPEC over the years and we know the importance of keeping to all agreed terms,’’ he said.
The Saudi Arabian minister congratulated the President for winning re-election for a second term, assuring him that Saudi Arabia will continue to support Nigeria in its effort to maintain peace and ensure prosperity for its citizens.
Femi Adesina
Special Adviser to the President
(Media & Publicity)
April 6th, 2019
No photo description available.

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