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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PRESIDENT BUHARI MOURNS VICTIMS OF LOKOJA TANKER EXPLOSION.{PHOTOS}.#PRESS RELEASE.

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President Muhammadu Buhari has stated that the death of 23 people, as confirmed by the Federal Road Safety Commission, “represents another disturbing and saddening incident in the litany of tragedies that have befallen our country."
Reacting to the petroleum tanker explosion earlier this Wednesday in Lokoja, the Kogi State Capital which claimed the lives of travellers, school children, bystanders, including some students of Kogi State Polytechnic, President Buhari said that "I am seriously worried about the frequency of these unfortunate and large scale tragedies in the country which cause needless deaths."
According to him, "these frequent incidents that result in loss of lives and property are a national scandal caused by our indifference to safety standards."
He explained that "many accidents are preventable if proper proactive and precautionary measures are put in place or properly observed as routine policies."
The President regretted that "ours is a country where we move on whenever tragedies occur instead of taking preventive safety measures to forestall future calamities."
President Buhari called on the county's transport authorities, traffic and road management agencies as well as law enforcement officials to sit up and enforce safety standards with more seriousness, adding that "refusal to do the right thing can cause potential tragic problems that harm innocent people."
According to him, "Nigeria is not having a shortage of laws and regulations, but our problem is lack of zeal to enforce those laws and regulations for the sake of public safety."
He condoled with Kogi State government and the families of the victims of the tragedy.
Garba Shehu
Senior Special Assistant to the President
(Media and Publicity)
September 23, 2020.


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