LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

Image
 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

WIKE SAYS HE'LL NOT POLITICISE DEVELOPMENT OF RIVERS.{PHOTOS}.#PRESS RELEASE.

 Image may contain: one or more people, people standing, wedding and outdoor

      *Signs N15.8 billion contract for fifth flyover and other roads

Rivers State Governor, Nyesom Ezenwo Wike says he will not politicise the development of the State.

He has therefore reiterated his commitment to providing quality infrastructure that would enhance the development of the State.

Governor Wike gave the assurance during the signing of the contract papers for the award of the GRA Junction Flyover in Port Harcourt.

According to him, the provisions of critical infrastructure will not be politicised because Rivers people deserve the best.

"Today, we have signed the papers for the award of N15.8billion contract for the GRA Flyover and also the dualization of the Ezimgbu Link Road up to Stadium Road, and from Genesis Eatery Axis of Tombia Road up to Ikwerre Road.

"It is unprecedented that a State can dream, commence and complete construction of five flyovers within a year.

"We will pay Julius Berger Nigeria PLC, 70 percent of the contract sum up front. This will make them to keep to the terms agreed on delivering the job within 12months.

"The rains cannot be used as an excuse because we are going to pay them. I trust the capacity of Julius Berger and I believe that Rivers State deserves the best", he stated.

The Governor dismissed comments by critics that he is concentrating development on Port Harcourt to the detriment of other parts of the state.

He stated that he would not politicise anything that has to do with the construction of roads in the interest of the State.

The Governor maintained that any investment made in the State Capital goes a long way to boost the image of the State.

"We are providing infrastructure and roads in all the 23 local government areas. We are also at the point of constructing a road from Woji town connecting Aleto- Alesa up to Port Harcourt Refinery junction.

"That road will help the people of Okrika to access Port Harcourt within ten minutes without going through the East West road," he stated.

Governor Wike also announced the court judgment that has affirmed that the Rivers State Government is the owner of the OML11.

"Yesterday, we got judgment against Shell Petroleum Development Company (SPDC) that OML 11 and Kidney Island belong to Rivers State Government.

"For us, whatever we will do to enhance the development of the State, we will do it within the period we are in office," he added.

Managing Director, Julius Berger Nigeria PLC, Dr. Lars Ritchter said they are delighted to be part of the success story of Governor Wike's administration.

He pointed out that they started with polehole contracts in 2015, and has since constructed 19 Roads.

Other projects completed include, the Port Harcourt Pleasure Park, Ecumenical Centre, Cinema and Restaurant.

According to Dr. Ritchter, two of the three flyovers started in October 2019 will be delivered by December 2020 and the third one in February 2021.


Paulinus Nsirim
Commissioner for Information and Communications

August 14, 2020

Pictures:


Rivers State Governor, Nyesom Ezenwo Wike, with the Managing Director, Julius Berger Nigeria PLC, Dr. Lars Ritchter during the signing of the contract papers for the award of the GRA Junction Flyover in Port Harcourt.

Rivers State Governor, Nyesom Ezenwo Wike, speaking during the signing of the contract papers for the award of the GRA Junction Flyover in Port Harcourt today.More photos below.

Image may contain: one or more people, people standing, people walking, beard, suit and outdoorImage may contain: bridge, sky, outdoor and water

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).