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

FG TO LICENSE ONLINE RADIO,TV STATIONS.{PHOTO}.#PRESS RELEASE.

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     President Muhammadu Buhari has approved wide ranging reforms in the broadcasting industry, including the licensing of online radio and television stations.
The Minister of Information and Culture, Alhaji Lai Mohammed, who disclosed this in Abuja on Friday when he received members of the Broadcasting Organisations of Nigeria (BON) on a courtesy visit, was responding to a request made by BON for the review of the Broadcasting Code.
“I just want to use this opportunity to inform you that Mr. President has actually already approved a review of the Broadcast Code that is going to take care of many of the issues you have already raised here.
“In particular, the President has approved that WebTVs and radio stations, including foreign broadcasters beaming signals into Nigeria, will be licensed because we must bring sanity into this industry. Mr. President has also approved a wide range of reforms in the industry which, at the appropriate platform, I will let you know,” he said.
The Minister, who promised to carry along members of BON in the review of the Broadcasting Code, restated the commitment of the present administration to free media.
“I have said it on many platforms that this administration is not about to gag the press. No! But we will appeal to the press to please self-regulate for the sake of this country and also for the sake of the industry itself,” he said.
Alhaji Mohammed also appealed to BON to partner with the government in the promotion of peaceful co-existence and cohesion in order to engender progress and national development.
“Today, if anybody listens to what is being said on some radio or television stations, you will think that this country is at war or that Christians actually cannot live with Muslims or that there is a dichotomy between the North and the South. I think we need to appeal to you to use your platforms for the unity and cohesion of the country,” he said.
In his remarks, the Acting Chairman of BON, Sir Godfrey Ohuabunwa, said the re-appointment of the Minister was deserving because he brought life and great innovation to the broadcast industry during the first tenure of the administration.
He pledged the readiness of BON to key into the government’s agenda, especially the fight against fake news.
Segun Adeyemi
SA To Hon. Minister of Information and Culture
Abuja
23 Aug. 2019.
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