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

FEC APPROVES CONTRACTS FOR CONSTRUCTION, REHABILITATION OF 10 ROAD PROJECTS NATIONWIDE AT N169.74BN .#PRESS RELEASE.

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       ·FEDERAL MINISTRY OF POWER, WORKS AND HOUSING PRESS RELEASE
 Umuahia-Ikot-Ekpene, Yola-Fufore-Gurin, Ado-Ekiti-Igede-Aramoko-Itawure, Makurdi-Gboko-Katsina-Ala, Billiri-Filiya-Taraba Border Roads among others included
· 2,750 direct jobs to be generated with over 90 per cent to be taken up by Nigerian workers
· Projects to improve transportation infrastructure, restore nation’s road network as part of Federal Government’s Economic Recovery and Growth Plan
· Roads will open up settlements, provide access for evacuation of goods and services and improve socio-economic lives of the beneficiary communities - Fashola
The Federal Executive Council has approved the award of N169.74 Billion contracts for the construction and rehabilitation of 10 roads across the country just as the Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN stated that the projects would enhance Federal Government’s objective of improving transportation infrastructure and restoring the nation’s road network as part of implementation of the Federal Government’s Economic Recovery and Growth Plan.
The approval, which was sequel to a memorandum presented to the Council by the Minister on May 2nd, 2019, covers the Rehabilitation of the Umuahia(Ikwuano)-Ikot Ekpene Road, Umuahia, Umudike in Abia State, Rehabilitation of Calabar-Oban-Ekang Road (Section1) in Cross River State, Construction of Yola-Fufore-Gurin Road in Adamawa State, Rehabilitation of Ado-Ekiti –Igede-Aramoko-Itawure Road in Ekiti State and Rehabilitation of Funtua-Dandume-Kaduna State Border Road in Katsina State.
Others, according to the memorandum, are the Rehabilitation of Makurdi-Gboko-Katsina-Ala Road (Yandev-Katsina-Ala Section) in Benue State, Rehabilitation of Old Enugu-Onitsha Road (Opi Junction-Ukehe-Okpatu-Aboh Udi-Oji to Anambra Border), Rehabilitation and Dualization of the 74KM (Approximately) Aba-Ikot Ekpene Road in Abia/Akwa Ibom States, Construction of 4 kilometre Township Road in Gaya Local Government Area of Kano State and Rehabilitation of Billiri-Filiya-Taraba State Border Road in Gombe State.
While the Umuahia (Ikwuano)-Ikot Ekpene Road is awarded to Messrs Hartland Nigeria Limited/ Raycon and Company Nigeria Limited in the sum of N13,296,283,958.68 with a completion date of 48 months, the Rehabilitation of Calabar-Oban-Ekang Road (Section1) in Cross River State is awarded to Messrs Setraco Nigeria Limited in the sum of N27,781,851,866.55 with a completion date of 24 months while the construction of Yola-Furore-Gurin Road (approximately 56KM) is awarded to Messrs Wiz China Worldwide Engineering Limited in the sum of N13,643,670,884.81 with a completion date of 12 months.
The Rehabilitation of Ado-Ekiti–Igede-Aramoko-Itawure Road in Ekiti State (35KM approximately), according to the memorandum, is awarded to Messrs Deux Projects Limited/Hitech Construction Company Limited at N14,838,220,269.00 with a completion period of 30 months, while the Rehabilitation of Funtua-Dandume-Kaduna State Border Road in Katsina State is awarded to Messrs Rabash Enterprises Nigeria Limited/Afdin Construction Limited in the sum of N9,887,040,586.50 with a completion period of 24 months.
The memorandum also shows that while Messrs Rockbridge Construction Limited will rehabilitate the 43 Km (approximately) Makurdi-Gboko-Katsina-Ala Road (Yandev-Katsina-Ala Section) in 24 months at the cost of N11,892,018,600.00, Messrs Arab Contractors O.A.O Nigeria Limited will rehabilitate Old Enugu-Onitsha Road (Opi Junction-Ukehe-Okpatu-Aboh Udi-Oji to Anambra Border) (Approximately 90Km) in 24 months at the cost of N31,946,055,289.93 and Messrs CGGC Global Project will rehabilitate and dualize the Aba-Ikot Ekpene Road in 24 months at the cost of N30,649,735,111.38.
Also included in the award are the construction of a 4 kilometre Township Road in Gaya Local Government Area of Kano State by Messrs Birak Engineering & Construction Company Limited in the sum of N1,755,086,798.85 with a completion period of 12 months and the rehabilitation of Billiri-Filiya-Taraba State Border Road by Messrs Triacta Nigeria Limited to be completed within 24 months in the sum of N14,048,396,236.88.
Stating that his Ministry, towards the realization of Federal Government’s objectives of restoring growth and investing in the people, decided to initiate the new road reconstruction and rehabilitation projects in some states of the Federation to open up settlements, provide access for evacuation of goods and services as well as improve the socio-economic lives of the people within the stretch of the different communities in the project areas, Fashola said the 50KM Umuahia (Ikwuano)-Ikot-Ekpene Road would create between 180 to 200 jobs with 90 per cent of the jobs for Nigerians and 10 per cent for expatriates.
According to him, while the rehabilitation of the approximately 60 Km Calabar-Oban-Ekang Road (Section1) in Cross River State, will generate between 400 and 500 jobs with 40 per cent of the jobs for Senior Nigerians and 100 per cent for intermediate workers, the construction of Yola-Furore-Gurin Road in Adamawa State, will generate no less than 300 jobs with 90 per cent reserved for Nigerians and 10 per cent for expatriates.
Also while 200-250 workers will be employed in the rehabilitation of Ado-Ekiti –Igede-Aramoko-Itawure Road in Ekiti State with 90 per cent of the jobs to be handled by Nigerians and 10 per cent by expatriates, the rehabilitation of Funtua-Dandume-Kaduna State Border Road in Katsina State will generate 200 jobs with 80 per cent for Nigerians and 20 per cent for expatriates.
In the rehabilitation of Makurdi-Gboko-Katsina-Ala Road (Yandev-Katsina-Ala Section)in Benue State, according to the Minister, 100 workers will be employed with 90 per cent of them Nigerians and 10 per cent expatriates while 400-500 workers will be employed in the rehabilitation of Old Enugu-Onitsha Road (Opi Junction-Ukehe-Okpatu-Aboh Udi-Oji to Anambra Border) with Nigerians constituting 90 per cent while expatriates will make up the remaining 10 per cent of the work force.
The rehabilitation and Dualization of Aba-Ikot Ekpene Road in Abia/Akwa Ibom States will, according to the Minister, generate 200 jobs with Nigerians taking 80 per cent of the jobs and expatriates take 10 per cent. And also while 200 workers will be employed in the construction of the 4 kilometre Township Road in Gaya Local Government Area of Kano State with 10 per cent of the jobs to be done by expatriates and 90 per cent by Nigerians, the rehabilitation of Billiri-Filiya-Taraba State Border Road in Gombe State will generate 300 jobs with 90 per cent for Nigerians and expatriates making up the remaining 10 per cent of the workforce.
While itemizing the Scope of Works to be covered in each of the Projects, the Minister also gave extensive details of the procurement processes which began under the 2018 Appropriation with newspaper advertisements in July 2018 and culminated in the certification and issuance of a Due Process Certificate of “ No Objection” for each of the 10 Projects by the Bureau of Public Procurement (BPP).
HAKEEM BELLO
SPECIAL ADVISER,
COMMUNICATIONS
TO THE HON. MINISTER
4TH MAY, 2019
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