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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POSTPONEMENT OF FEDERAL EXECUTIVE COUNCIL (FEC) MEETING.{PHOTO}.#PRESS RELEASE.

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     STATE HOUSE PRESS RELEASE
The Federal Executive Council (FEC) meeting will not take place on Wednesday, September 4, 2019.
This is due to the fact that all the memos earlier submitted to the Council for consideration have been returned to the various Ministries. This action will allow Ministers who were recently sworn in have their inputs in the memos sent by their predecessors in office.
Similarly, the period is to enable the Ministers, who are still taking briefs from bureaucrats in the Ministries and familiarizing themselves with their work space, have more time to contribute to discussions at the meeting.
They will also utilize the period of the break to work towards the early preparation and submission of the 2020 budget estimates.
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