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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BATTLE AGAINST COVID-19: PRESIDENT BUHARI THUMBS UP ELUMELU, RABIU, DANGOTE, ATIKU, BANKS, OTHERS.{PHOTO}.#PRESS RELEASE.

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Presidency Confirms That President Buhari Tested Negative For ...
      President Muhammadu Buhari has saluted the public-spiritedness of wealthy Nigerians and organizations for standing up to be counted in the battle against the Covid-19 pandemic.
The President commends members of the Nigerian Private Sector Coalition Against Covid-19, made of people like Aliko Dangote, Abdulsamad Rabiu of BUA Group, Femi Otedola, Tony Elumelu, Herbert Wigwe, Segun Agbaje and Jim Ovia of UBA, Access, GT, and Zenith Banks, respectively, for contributing N1 billion each, and being in the vanguard of encouraging others in the private sector to do same.
UBA has equally donated the sum of N5 billion to Nigeria and Africa, former Vice President Atiku Abubakar has pledged N50 million, while First Bank is partnering with government, the United Nations, and innovative technological firms to provide e-learning solutions to at least one million children under its ‘Keep Them Engaged, Keep Them Safe’ initiative.
The President extols every other helping hand that has been lent by individuals, groups and organizations, which may not necessarily be in the public domain, noting that God who sees all things will abundantly recompense.
President Buhari recommends these laudable strides to other high net-worth Nigerians and organizations, stressing that hand in hand, the country will overcome the challenges brought by the pandemic, and chart new course in nationalism and brotherhood.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
March 27, 2020.
Presidency Confirms That President Buhari Tested Negative For ...

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