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

NIGERIA, SOUTH AFRICA TO ISSUE 10-YEAR VISA TO BUSINESSMEN, ACADEMICS.#PRESS RELEASE.

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     Following successful conclusion of the 9th Bi-National Commission of South Africa and Nigeria meeting in Pretoria, South Africa, which was elevated to the level of heads of state, both countries have agreed on issuing 10-year visas to businessmen, academics and frequent travelers.
The agreement was reached in a meeting co-chaired by President Muhammadu Buhari and President Cyril Ramaphosa of South Africa, which was the first time both presidents will preside since the Bi-National Commission was elevated.
The decision was taken to encourage more people-to-people contacts among citizens of both countries and further strengthen socio-cultural, economic and political relations.
At the meeting held at the Union Buildings, Presidential Palace of South Africa, the two presidents agreed on early warning signals to nip violence in the bud before it escalates, while taking into consideration the need to share more intelligence and promote stronger partnership in security.
Both countries also agreed to re-establish the consular forum, which is a structured arrangement where both governments meet regularly, at least twice in a year, to discuss welfare of citizens.
Nigerian Minister of Foreign Affairs, Geoffrey Onyeama and South African Minister of International Relations and Cooperation, Dr Naledi Pandor, signed the minutes of the 9th session of Bi-National Commission.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
October 4, 2019.
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