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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MINISTER OF POWER CHALLENGES ABUJA DISCO ON METERING SYSTEM.{PHOTO}.#PRESS RELEASE.

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Image may contain: 2 people, people standing
     The Minister of State Power, Mr. Goddy Jedy-Agba, OFR, has enjoined the Abuja Electricity Distribution Company, AEDC, to improve on its metering system, especially in the rural areas, as this would improve their revenue collection.
The Minister stated this on Thursday, 18th June, 2020 while on a familiarization visit to the AEDC Corporate Headquarters, Wuse Zone 4, Abuja.
The Minister noted that if customers are provided with meters, the billing system would be made easy and more revenue generated to increase the capital base of the company, adding that they should invest more on meter acquisition.
Jedy- Agba, while commending the concerted efforts made by the AEDC in the area of distribution in the last few years of their activities in Abuja and its environs, charged the management to lay more emphasis on creating public awareness and engaging on Corporate Social Responsibility with host communities.
The CEO/MD, AEDC, Engr. Ernest Mupwaya, in welcoming the Minister disclosed that the AEDC, in partnership with Aquivis Technologies Limited had developed and deployed a high tension overhead line Fault Circuit Locator which is a smart grid outage management solution, the first of its kind in Nigeria. He said the technology would address the long time it took for repairs of faulty high tension circuits and prolonged outages such as the 11 KV and 33KV overhead feeders, adding that it had enabled the Abuja Disco to address its operational challenges, such as the incessant tripping, fault detection and prolonged outages on infrastructures.
Asoluka, Austin N.
DD11 (Press)
18th June, 2020
picture captions:
pic. 1: Minister of State,Power, Mr. Goddy Jedy- Agba ,OFR, inspecting the Customer Service Unit of AEDC,during his familiarisation visit to the Corporate Headquarters,Abuja, Thursday, 18th June, 2020
Pic.2:Minister of State,Power, Mr. Goddy Jedy-Agba,OFR, inspecting the newly developed high tension overhead Line Fault Circuit Locator of AEDC, during his visit to the Corporate Headquarters, Abuja, Thursday, 18th June, 2020.One more photo below.
Image may contain: one or more people and people standing

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