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

KDSG APPOINTS MUHAMMADU SANUSI II INTO KADIPA BOARD.{PHOTOS}.#PRESS RELEASE.

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     The Kaduna State Government has appointed Muhammadu Sanusi II into the board of the Kaduna Investment Promotion Agency (KADIPA), about 24 hours after he was removed as Emir of Kano.
A statement from Sir Kashim Ibrahim House said that “the appointment is part of the reconstitution of the board of KADIPA, which is statutorily chaired by the Deputy Governor, and has as internal members other senior officials of the Kaduna State Government.”
The statement which was signed by Mr Muyiwa Adekeye, Special Adviser on Media and Communication on Tuesday, said that “Kaduna State hopes to benefit from the profile, experience, intellect and networks of His Highness, Muhammad Sanusi, who before becoming Emir, had built a solid reputation in global financial circles.
“Malam Nasir El-Rufai said that Kaduna State is honoured to be able to call on the services of a man of such calibre to drive its development,’’ the statement added.
The statement which said that El-Rufai has approved the reconstitution of the board of KADIPA, further said that the agency was established in 2015, and has led the investment drive of the state and anchored implementation of the Ease of Doing Business Charter that earned Kaduna State recognition as the Number One place for doing business in Nigeria.
According to the statement, Deputy Governor of Kaduna State, Dr Hadiza Balarabe will chair the board while His Highness Muhammadu Sanusi II will be Vice-Chairman.
Other members of the board include Malam Balarabe Abbas Lawal, the Secretary to the State Government, Mr Jimi Lawal, Senior Adviser and Counsellor and Aisha Dikko, the Attorney General of Kaduna State.
The KADIPA board also includes the Head of Service, Hajiya Bariatu Yusuf Mohammed, Commissioner of Business, Innovation and Technology, Idris Nyam, Commissioner of Housing and Urban Development, Fausat Ibikunle and Commissioner, Planning and Budget Commission, Thomas Gyang.
Other board members are the Director-General of Kaduna Geographic Information System(KADGIS), Altine Jibrin, Muhammad Hafiz Bayero, the Managing Director of Kaduna Market Development and Management Company, Farida Dankaka and Umma Aboki, the Executive Secretary of KADIPA.
“The Governor also said that he is confident that the new board, which contains the most senior officers of the state will further propel KADIPA to greater success in attracting investments to Kaduna State.”
The statement disclosed that the government carefully chose the external members to further reinforce the investment credentials of the state.
According to Adekeye, “El-Rufai has expressed his gratitude to members of the reconstituted board of KADIPA for agreeing to serve”.One more photo below.
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