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 ENLARGES NDDC INTERIM MANAGEMENT COMMITTEE, PROF K.D PONDEI NOW ACTING MD.{PHOTO}.#PRESS RELEASE.

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No photo description available.
     STATE HOUSE PRESS RELEASE
President Muhammadu Buhari has approved the enlargement of the Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) from three to five.
The five members of the committee are now: Professor Kemebradikumo Daniel Pondei, who is the Ag. Managing Director, replacing Barrister Joy Nunieh; Dr Cairo Ojougboh, Ag. Executive Director (Projects); Mr Ibanga Bassey Etang, Ag. Executive Director (Finance and Administration); Mrs Caroline Nagbo (Member); and Cecilia Bukola Akintomide, OON, a former Vice President with African Development Bank, (Member).
Prof K.D Pondei, the new Ag. Managing Director, is a Professor of Medicine at the Niger Delta University, and former Provost, College of Health Sciences of the institution.
President Buhari had earlier approved that the Interim Management Committee would be in place till the forensic audit of the NDDC was concluded.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
February 19, 2020.
No photo description available.

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