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

REPS TO PARTNER FHA ON DELIVERING HOUSING FOR NIGERIANS-GBAJAABIAMILA.{PHOTOS}.#PRESS RELEASE.

 

The House of Representatives is ready to partner with the Federal Housing Authority (FHA) to deliver housing for Nigerians, Speaker Femi Gbajabiamila has said.
Gbajabiamila said he believed Nigerians deserve the best in terms of housing, hence the House's readiness to collaborate with the current management of FHA to achieve the mandate of the agency.
Speaking when he hosted the management of FHA, led by the Managing Director, Senator Gbenga Ashafa, on a courtesy call on Tuesday, the Speaker said with the calibre of the team in the agency, he was of the firm conviction that they would take the agency to enviable heights.
"We're happy that you're here. We look forward to collaborating with you on very pertinent issues. I have no doubt that with the kind of team you have, the FHA is about to witness turnaround for good," he said.
Gbajabiamila added that the current team, whose MD, Senator Ashafa and the Executive Director, Business Development, Hon. Abdulmumin Jibrin were former members of the National Assembly, has a responsibility, which they must carry out diligently.
"There's no way you'll talk about the development of any country without talking about housing or shelter.
"By God's grace, with you guys on the saddle, Nigeria will witness a lot of roofs on our heads. So, we are very ready to collaborate and partner with you."
Earlier, Senator Ashafa said they visited the Speaker to familiarise themselves and seek for collaboration with the House, having been recently appointed and inaugurated.
He appealed for the amendment of certain aspects of the Act establishing FHA, which he said would make their work more efficient and effective.
"I would want to emphasize the main reason why we are here, which is the collaboration with the National Assembly to achieve our mandate.
"We have found out of recent that some of the items under the Act needed to be worked on. It's on this regard that we came for this visit and crave the indulgence of the House."

The FHA team comprised of the MD and some top management staff, including Jibrin, who was the Director-General of the Gbajabiamila/Wase Speakership campaign team last year.
Signed:
Lanre Lasisi, Special Adviser on Media and Publicity to the Speaker, House of Representatives, Federal Republic of Nigeria.
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