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

PRESIDENT BUHARI HOLDS TALKS WITH KING SALMAN IN RIYADH,SAUDI ARABIA.{PHOTOS}.

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     PRESIDENT BUHARI HOLDS TALKS WITH KING SALMAN IN RIYADH.
President Muhammadu Buhari in a meeting with King Salman of Saudi Arabia in Riyadh on the margins of the Future Investment Initiative (FII) conference. Wednesday, October 30, 2019.

PRESS RELEASE.
PRESIDENT BUHARI COMMITS TO DEEPER PARTNERSHIP WITH SAUDI ARABIA
President Muhammadu Buhari Wednesday held talks with King Salman in Riyadh, on the sidelines of the second day of the Future Investment Initiative (FII) conference, during which both leaders committed to deeper partnership for the development of both countries.
President Buhari and the Saudi Monarch reviewed aspects of cooperation between both countries and agreed to advance cooperation in the areas of oil and gas, given the similarities of both countries as big producers of the commodity.
In this regard, King Salman assured President Buhari of the willingness of Saudi Arabia to invest in Nigeria’s oil and gas sector, thereby strengthening the strategic partnership between the Saudi Energy company, Aramco, and the NNPC.
Both leaders also discussed the current regional and global security situation, and President Buhari expressed his desire for a quick and peaceful resolution on contentious issues in the region.
Noting the cordial relations Nigeria and Saudi Arabia, the two leaders committed to vigorously enhance and develop relations in several areas – from trade, people-to-people partnership, technology, education and agriculture, for the mutual prosperity of citizens of both countries.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
October 30, 2019.
More photos below.
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