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

IT MIGHT TAKE A WHILE BUT NIGERIA WILL PUT THINGS IN ORDER, PRESIDENT BUHARI TELLS EU COMMISSIONER.{PHOTOS}.#PRESS RELEASE.

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    President Muhammadu Buhari Friday in Abuja said though it might take a bit longer, the nation will surely put the issues associated with the troubles in the Northeast in order and move ahead.
Speaking while receiving Janez Lenarcic, the European Union (EU) Commissioner for Crisis Management in State House, President Buhari said, “If we were capable to fight a 30-month civil war and reorganised our country, I wonder why people are thinking that Nigeria cannot do it.
“I assure you of Nigeria’s commitment to enhance and deepen cooperation with the EU in all areas. Our priorities in the next level is to ensure that Internally Displaced Persons, IDPs, are rehabilitated so that livelihood should be established and the children should not lose the opportunity to go back to school, which is very important for the future of that area and Nigeria generally.
“We have the experience of the civil war. I could recall the role of the military, the army, each commander had in his pocket how to behave himself and how to allow international bodies like yourself to go round and see for themselves that people are treated in the most humane way. We have this experience and I assure you that we also have this confidence in your organisation. That is why I feel that Nigeria is capable of handling this crisis, it may take long but we are capable of handling it.”
The Nigerian leader also appreciated the recent meeting in Germany which deliberated on the happenings in Libya.
“The important thing really is weapons reaching the Sahel; the instability it is causing. Look at the casualties in Mauritania, Niger, Burkina Faso and Mali; Libya has a direct impact on the stability of the Sahel. As for Boko Haram, we try to disabuse the mind of the people and I think our people now understand the basic dishonesty in it. With my experience personally in the civil war, I am sure we will get over it.”
President Buhari further assured that the newly created Ministry of Humanitarian Affairs, Disaster Management and Social Development, will do a splendid job of managing the various humanitarian issues evolving from the Northeast:
“I assure you that we are aware of these problems and we will continue to do our best. The newly created Ministry of Humanitarian Affairs is coordinating NEMA and others, to make sure that whatever resources we get are well utilised. The ministry will be accountable to the government instead of having too many bodies doing the same thing. We are also reaching out to foreign countries explaining to them our position, and we are confident we will get over it.”
The EU Commissioner emphasized that Nigeria plays a big role in the African continent and globally in economic, social and other spheres and asked for the development of a plan between the EU and Nigeria concerning the issues in the Northeast. He said he had visited Borno State and appreciates government’s efforts to end the conflict there.
“We would like to support your efforts. We believe all relevant actors; military, civilian as well as humanitarian should come together. The Minister of Humanitarian Affairs is suggesting such high level dialogue.
“In situations such as what we have in the northeast, international law and international humanitarian law should apply. We believe in your efforts to end the conflict; military effort alone probably will not be sufficient without identifying and addressing the socio-economic factors causing it, “he stated.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
January 24, 2020.
More photos below.
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