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 DEPARTS ABUJA TO EGYPT TODAY,TO PARTICIPATE IN THE PEACE AND DEVELOPMENT FORUM IN ASWAN.{PHOTO}.#PRESS RELEASE.

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     Today, President Muhammadu Buhari departs Abuja to participate in the Peace and Development Forum in Aswan, Egypt holding on 11th and 12th December, 2019.
PRESIDENT BUHARI PARTICIPATES IN PEACE AND DEVELOPMENT FORUM IN EGYPT
President Muhammadu Buhari will depart Abuja Tuesday for Aswan, Egypt to attend the Aswan Forum designed to set “An Agenda for Sustainable Peace and Development in Africa.”
The Forum which holds December 11-12, 2019, is an initiative to address the interconnections between peace and development in Africa while promoting Africa-led solutions through strengthening policies and practices.
The initiative is being launched by the Egyptian President Abdel Fattah el-Sisi in his capacity as the Chairman of the African Union (AU) and as an advocate of Post-Conflict Reconstruction and Development in Africa – a recurring theme of his tenure as the AU Chairman. It is also grounded in the AU’s Agenda 2063: The Africa We Want, and the search for African solutions to African problems.
The gathering is expected to bring together heads of state and government, leaders from regional and international organisations, financial institutions, private sector and civil societies as well as scholars, visionaries and prominent experts for action-oriented discussions on the threats, challenges and opportunities.
It is also expected to end with a Declaration on the theme of the Forum and become an annual event.
Recall that the Speaker of Egypt’s House of Representatives, Ali Abdel Aal had delivered President el-Sisi’s message to President Buhari in Abuja on October 28, 2019 inviting him to the inaugural Aswan Forum.
The President will be accompanied by Governors Ahmadu Fintiri of Adamawa, Godwin Obaseki of Edo and Mai Mala Buni of Yobe State.
Others are: Minister of Defence, Gen. Bashir Magashi (Rtd); Minister of State, Foreign Affairs, Amb. Zubairu Dada; National Security Adviser, Maj-Gen Babagana Monguno (Rtd); and the Director-General, National Intelligence Agency, Amb. Ahmed Rufai Abubakar.
President Buhari is expected back in Abuja on Friday.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
December 9, 2019.
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