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

GOV. WIKE CALLS FOR PARTNERSHIP BETWEEN THE FEDERAL AND STATE GOVERNMENTS TO FIGHT OIL THEFT.{PHOTOS}.#PRESS RELEASE.

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      Rivers State Governor, Nyesom Ezenwo Wike has called on the Federal Government to come out strongly to partner with the states to fight oil theft.
Speaking during a Courtesy Visit by by Konrad Adenauer (German Foundation) with Mr Andreas Lammel and Dr Joachim Pfeiffer of the German Federal Parliament on Monday at the Government House Port Harcourt, Governor Wike reiterated that oil bunkering has continued to worsen because of the participation of security agencies.
He said: "The issue of oil theft, some of the security agencies are part of it. When you see oil bunkering, the security agencies are involved. They are fully involved.
"If the Federal Government comes strongly and partner with the states, you will find out that we will be able to solve some of the problems.
"Also, we have the problem of politicisation of security. It is unfortunate in this country".
Governor Wike said that the security framework of the state is negatively affected by oil majors patronising cult groups for surveillance jobs.
He said that the Rivers State Security Council took a decision in liaison with the oil majors to stop the patronage of cult groups for such jobs.
"We have told oil majors to patronise official State security agencies and stop patronising cult groups for surveillance jobs.
"This is because part of the problem is the oil majors continued patronage of cult groups", he said.
He called for collaboration with the German Government and the German Foundation for the fight against insecurity.
Governor Wike also called for partnership with the Konrad Adenauer (German Foundation) to attract German investors in the area of agriculture to create employment.
Earlier, the Country Representative of Konrad Adenauer (German Foundation) , Dr Vladimir Kreck said the visit is aimed at advancing economic development.
He said: "We have been providing support for the democratic development of Nigeria since 2001. In Rivers State, we have been providing capacity building for Lawmakers and security agencies ".
He said that the foundation invited two German Federal Lawmakers to Nigeria to acquaint themselves on the economic development programmes of the country.
Also speaking, a German Federal Lawmaker, Andreas Lammel said the main objective of the visit is to understand the economic development process and discuss oil production and development in Rivers State.
Dr Joachim Pfeifer, another German Federal Lawmaker said this is his first visit to Nigeria and he is interested in building cooperation between the two countries.
Simeon Nwakaudu,
Special Assistant to the Rivers State Governor, Electronic Media.
2nd September, 2019.
More photos below.
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