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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BORDER CLOSURE: PRESIDENT BUHARI CALLS FOR MORE PATIENCE FROM NEIGHBOURING COUNTRIES.[PHOTOS}.#PRESS RELEASE

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     President Muhammadu Buhari Friday in Abuja said the issue of partial closure of Nigeria’s land border to goods from neighbouring countries will be determined by report of tripartite committee made up of Nigeria, Benin and Niger Republic.
President Buhari, who received President Roch Marc Christian Kabore of Burkina Faso at the Presidential Villa, said Nigeria’s decision to partially close the border was purely to safeguard national security.
The President of Burkina Faso is the Chairman of the ECOWAS Committee mandated to resolve the issue of border closure.
“Our major problem is security -- the inflow of weapons, ammunition and drugs. We have witnessed a decline in banditry using such weapons since the partial closure of the border. Also, our farmers are now able to sell their rice since we stopped the inflow of foreign rice, usually dumped in the country,’’ he said.
President Buhari said Nigeria was very much mindful of the concerns of neighbouring countries on the issue, assuring that his administration will find an early and enduring solution.
“I will work as fast as I can as soon as I receive the report,’’ the President added.
Earlier, the President of Burkina Faso told President Buhari that he came on the visit, following the mandate of ECOWAS to resolve the issues that culminated in the partial closure of the border, adding that some of the challenges had been discussed, and agreed on, urging the Nigerian leader to reconsider the position of the country.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
February 21, 2020.
More photos below.
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