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 PRESENTS THE VISA POLICY 2020 TODAY.{PHOTOS}.#PRESS RELEASE.

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     President Muhammadu Buhari officially presents to the Public, the Nigeria Visa Policy (NVP) 2020, at the State House, Abuja.

UPDATED

President Muhammadu Buhari Tuesday in Abuja said Nigeria Visa Policy 2020 is intended to attract innovation, specialized skills and knowledge from abroad to complement local capacity.
In his remarks at the official public presentation of the Nigeria Visa Policy (NVP) 2020, the President said “the implementation of the Nigeria Visa Policy 2020 will support the attainment of a globally competitive economy for Nigeria by building on the efforts of the Presidential Enabling Business Environment Council.’’
President Buhari said the policy will improve the business environment, attract Foreign Direct Investment and boost tourism without compromising national security.

“Earlier in the course of this Administration, we introduced the Economic Recovery and Growth Plan (2017-2020) with one of the objectives being to minimize bottlenecks which impede innovation and market based solutions for building an inclusive economy.
 “The Nigeria Visa Policy 2020 is intended to attract innovation, specialized skills and knowledge from abroad to complement locally available ones,’’ he added.
 The President also noted that the Nigeria Visa Policy 2020 provides an avenue to achieve African integration by introduction of visas on arrival for short visits to Nigeria for holders of passports of African Union countries.
“I therefore commend the document to the international community, foreign and local business entities. We are open for business,’’ he said.
In his remarks, the Minister of Interior, Ogbeni Rauf Adesoji Aregbesola, said the visa policy took into consideration specific needs of foreigners who would want to visit the country, without compromising the security of the country.
The minister said the policy had followed a process that considered the security, economy and territorial integrity of the country, and would only be issued after due diligence with other security components of the country.
“Especially, the new visa policy will be helpful to diaspora Nigerians by birth who can now use other passports to visit the country because some countries do not allow dual citizenship,’’ he added.
In a technical presentation, the Comptroller General of the Nigeria Immigrations Service (NIS), Muhammad Babandede, said the service had already put in place a technological hub, called the Migrants Information and Data Analysis (MIDAS), to ensure strict compliance with the conditions for the issuance of the visa.
Babandede assured that issues of corruption or bribery will be controlled by the automated system, while allaying fears of possible infiltration of the economy by criminals and terrorists.
He said the new policy has 79 categories, which include health, education, tourism etc, pointing out that the Economic and Financial Crimes Commission, National Intelligence Agency (NIA) and the Interpol also made inputs into the system, and would be carried along in the processing before approvals.

Femi Adesina
Special Adviser to the President
(Media & Publicity)  
February 4, 2020.




More details later and more photos below.
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