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

PRESIDENT BUHARI RECEIVES THE REPORT OF PRESIDENTIAL IMPLEMENTATION COMMITTEE ON FINANCIAL AUTONOMY OF STATE LEGISLATURE AND STATE JUDICIARY TODAY.{PHOTOS}.#PRESS RELEASE.

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     President Buhari receives the Report of Presidential Implementation Committee on the Financial Autonomy of State Legislature and State Judiciary in State House on 25th June 2019
Financial Autonomy 2: President Buhari with Former Attorney General Mr Abubakar Malami as he receives the Report of Presidential Implementation Committee on the Financial Autonomy of State Legislature and State Judiciary in State House on 25th June 2019.

PRESS RELEASE:
AUTONOMY FOR STATE LEGISLATURE, JUDICIARY SHOULD NOT BE COMPROMISED, SAYS PRESIDENT BUHARI
President Muhammadu Buhari Tuesday in Abuja said efforts to ensure autonomy for state legislatures and judiciary will further strengthen democracy and deepen inclusiveness of citizens by guaranteeing fairness for ordinary Nigerians.
Receiving Report of the Presidential Implementation Committee on Financial Autonomy of State Legislature and Judiciary, President Buhari said the government will study the report and recommendations, and take an appropriate decision.
“I went through a terrible time getting here for the three times I contested elections. That’s why I want to stabilise the system so that others will not pass through the same experience.
“Both young and ordinary Nigerians depend on leadership to ensure justice is always done. So we must ensure that trust is not compromised. This administration will take the report seriously,’’ he added.
In his remark, the Chairman of the Committee, immediate past Minister of Justice and Attorney General of the Federation, Abubakar Malami, said implementation of the recommendations will entrench constitutionalism, democratic principles and separation of powers.
“The recommendations clearly spell out that if uniform modules for implementation of financial autonomy for state legislature and state judiciary are approved for implementation across 36 states, it will no doubt strengthen Nigeria’s democratic principles, practices and public governance,’’ he said.
Malami added that the committee had observed that most states honoured the constitutional provisions for financial autonomy in the breach, than in observance, noting that the legislature and judiciary remain the last hope of the common man and should be given autonomy.
He said the committee consulted with state governors, Chief Judges of states, Speakers of State Houses of Assembly, Civil Society Organizations and relevant stakeholders, including members of the public.
The Presidential Implementation Committee on Financial Autonomy of State Legislature and State Judiciary was inaugurated by President Buhari on March 22nd, 2019, to fashion out strategies and modalities for implementation of the financial autonomy of the state legislature and state judiciary in compliance with Section 121 (3) of the 1999 constitution (As Amended).
Femi Adesina
Special Adviser to the President
(Media & Publicity)
June 25, 2019.
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