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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PRESIDENT BUHARI TO PRESIDENT OF PORTUGAL: WHY WE FOCUS ON SECURITY AND INFRASTRUCTURE DEVELOPMENT.{PHOTOS}.#PRESS RELEASE.

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Image may contain: 2 people, people smiling, people sitting and indoor
   President Buhari in Bilateral meeting with President of Portugese Republic and Former Prime Minister of Australia in New York on25th Sep 2019
Portugese 1: President Buhari in Bilateral meeting with President of Portugese Republic H.E. Mr Marcelo Rebelo de Sousa in New York on25th Sep 2019
Australia 1: President Buhari with Former Prime Minister of Australia Hon. Kevin Rudd and Chief Operating Officer Sanitation and Water for All Joost Kooijmans during a Bilateral meeting in New York on25th Sep 2019.

PRESS RELEASE:
PRESIDENT BUHARI TO PRESIDENT OF PORTUGAL: WHY WE FOCUS ON SECURITY AND INFRASTRUCTURE DEVELOPMENT
President Muhammadu Buhari Wednesday in New York, at the sidelines of the 74th UN General Assembly, met with President Marcelo Rebelo de Sousa of Portugal, and explained why Nigeria was investing heavily on infrastructural development.
“We are a large country, with vast population and poor infrastructure. But we need people to come and invest, that’s why we are focusing on roads, rail, power, airports, and many others. Without infrastructure, investment would be slow,” the President said.
He thanked Portugal for the “steadfast support” it has given Nigeria on many fronts, adding that “concern about global issues is genetic for Portugal.”,

President Buhari said the Sahel was awash with illegal small arms, exacerbating the security situation in the North-east of Nigeria, but added that government was doing a lot to bring things under control.
On security in the Gulf of Guinea, he solicited for the support of Portugal, saying most of the stolen crude oil from Nigeria and other countries pass through the region.
President Buhari said in the second term of his administration, “we will consolidate on what we started in the first term, so that I can thereafter retire in peace and comfort.”
President de Sousa commended what he called “the excellent relations” between his country and Nigeria, noting: “We have Portuguese companies in Nigeria; we share the same opinion on international issues; we share your worries; follow closely what is happening in the Sahel, and we support you in fighting terrorism.”
Portugal hosts Euro-African Forum next year, and President de Sousa invited President Buhari to declare the event open in Lisbon, “even if it’s for half a day.”
He said it would be a great honour to have the Nigerian leader in Portugal, “and we have been waiting for you to visit for three years. Many African leaders have come, but we want Nigeria.”.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
September 25, 2019.
More photos below.
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