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 CONGRATULATES BIDEN, SAYS NIGERIA LOOKS FORWARD TO GREATER COOPERATION WITH THE US.{PHOTOS}.#PRESS RELEASE.

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President Muhammadu Buhari has congratulated former Vice President Joe Biden on his election as new President of the United States "at a time of uncertainty and fear in world affairs."
The Nigerian leader said "your election is a significant reminder that democracy is the best form of government because it offers the people the opportunity to change their government by peaceful means."
According to President Buhari, "the most powerful group are not the politicians, but voters who can decide the fate of the politicians at the polling booth."
He noted that "the main fascination of democracy is the freedom of choice and the supremacy of the will of the people."
The President added that "respect for the will of the people is the very reason why democracy remains the best form of government, despite its limitations from one polity to another, and from one society to another."
According to him, "I am thrilled by the fact that you are an experienced politician who had served as Congressman for 40 years and a Vice President for eight years. This is a remarkable track record that gives us hope that you will add value to the presidency and world affairs."
President Buhari also noted that, "with your election, we look forward to greater cooperation between Nigeria and the United States, especially at economic, diplomatic and political levels, including the war against terrorism."
On international affairs, President Buhari urged Mr. Biden to "deploy your vast experience in tackling the negative consequences of nationalist politics on world affairs which have created divisions, conflicts and uncertainties."
The Nigerian leader also called on Mr. Biden "to introduce greater engagement with Africa on the basis of reciprocal respects and shared interests."
Garba Shehu
Senior Special Assistant to the President

(Media & Publicity)
November 7, 2020.

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