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

EX-PRESIDENT GOODLUCK JONATHAN CONGRATULATE OKONJO-IWEALA AS SHE IS APPOINTED AS A MEMBER OF SOUTH AFRICA'S PRESIDENTIAL ECONOMIC ADVISORY COUNCIL.{PHOTOS}.#PRESS RELEASE.

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      President Goodluck Ebele Jonathan Writes:
I congratulate Dr.Ngozi Okonjo-Iweala who served as the co-ordinating minister for the economy/finance minister in my cabinet, on her appointment as a member of South Africa’s Presidential Economic Advisory Council.
As a two-time minister in Nigeria you left indelible marks as an astute manager of the nation's economy and resources. I am delighted that you have continued to place your substantial wealth of experience as a development economist at the service of many nations and international organisations to aid global growth and progress.
I have no doubt in my mind that you will excel in the new assignment.
GEJ.
Okonjo Iweala captioned the two photos '' With President Ramaphosa, members of cabinet, and members of the Presidential Economic Advisory Council in Pretoria discussing sources of growth for the South African economy and win-win economic interactions with the continent''.One more photo below.
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