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. FAYEMI TOURS EKITI COMMUNITIES FOR STAKEHOLDERS’ INPUT TO 2020 BUDGET PREPARATIONS.{PHOTOS}.#PRESS RELEASE.

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     Governor Kayode Fayemi embarked on a tour across the three senatorial districts on Thursday 10th October, to get stakeholders’ input to the 2020 budget preparation.
The consultative meeting took place in Ikere, Ikole and Ado-Ekiti with representatives of various towns and villages across the 16 local government areas in attendance.
The meeting was designed to commence the process of inclusive budget preparation for 2020 which was in line with the participatory budgeting model that was established during his first term in office as governor between 2010 and 2014.
The governor had an interactive session with members of the communities and responded to the various suggestions made regarding their priority projects in the 2020 budget.
Dr. Fayemi affirmed that the proposed budget would focus more on the rural areas thereby bringing proper development to the areas through tarring and rehabilitation of roads as well as improvement to the health, education, power sectors, and erosion control.
He explained that the meeting was designed to commence the process of inclusive budget preparation for 2020 which was in line with the participatory budgeting model that was established during his first term in office as governor between 2010 and 2014.
The Governor assured the people of the state that his government would undertake rehabilitation and tarring of 1000km of rural roads through the Rural Access to Market Programme (RAMP), in partnership with the World Bank, adding that he had already got the nod of the World Bank to undergo a number of projects in the state.
Fayemi said he had already paid the counterpart fund for 2016 to 2018 to UBEC, said the state already has about N8Billion in its coffers to embark on the second phase of school buildings renovation and construction for a conducive teaching and learning environment.
According to the governor, “I can see that the issue of road came up on the requests of all the communities, these roads are divided into two, the rural roads and township roads. First, I want to assure our people especially, the royal fathers that we would work on all the rural roads. We have money to work on one thousand kilometers of rural roads, I have the list here and I’m sure some of the names will be ones that you are very familiar with.
“As soon as I came back this time, I have been working with the World Bank team and they have visited many of your communities and there is hardly any community that we are not going to embark on a major construction of feeder roads from the farm to the market. And of course, the township roads will not be neglected. We are going to continue with the rehabilitation 5km road in each of the local governments, annually.”

“We would start the second phase of Operation Renovate All Schools very soon and no doubt, we have the resources to do it. All the counterpart funding that was not paid by Ekiti State government in 2016, 2017, 2018, I have cleared all of them and we have at least 8 Billion Naira to work on schools in the state. And we are building four new schools in Ado Ekiti in 2020.”
Governor Fayemi also restated his commitment towards ensuring that measures were taking to either prevent or reduce the menace of erosion and flood in the state, said the issue of flood and erosion has affected virtually every community of the state which has caused a lot of unbearable hardship to the people.
“The second issue that came up from all the local governments is gully erosion problem, we’ve seen it in Ado, in Oke Ureje, Omisanjana, but not only in Ado but in our several communities. If you see the topography of Ekiti, it should not surprise us that we have erosion problems in the state because we are in-between hills and valleys and because of that, we can’t cheat nature, we can only prevent and reduce the effect of erosion in our state.
“Again, we are working hard and we have quite some sizeable amount of money to work on erosion too in the state. So, many of these areas affected by erosion, we would incorporate in the budget 2020 and subsequent budget just as you have highlighted. He said.
On the issue of poor electricity supply to the state, the governor said he had made a report to both the President and the Vice President and they have promised to seize the license of the Benin Electricity Distribution Company (BEDC). He explained that regular supply of electricity is pivotal to economic and industrial development of any society.More photos below.
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