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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IMPROVED NIGERIA-SOUTH AFRICA RELATIONS WILL QUICKEN AFRICAN DEVELOPMENT, SAYS PRESIDENT BUHARI.{PHOTOS}.#PRESS RELEASE.

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President Muhammadu Buhari has expressed optimism that improvement in relations between Nigeria and South Africa will speed up the process of development on the African continent.
Speaking in concurrence with the Chairman of the African National Congress (ANC) and South Africa’s Minister of Mineral Resources and Energy, Gwede Mantashe, who came to the State House, Abuja on Friday as Special Envoy of his country, President Buhari cited his last trip to South Africa during which he and President Cyril Ramaphosa worked together in resolving the migrants’ crisis between two brotherly nations.
“There was this ‘small problem’ between our countries. I went there and we resolved it,” the Nigerian President told the envoy.
He directed the Minister of State, Petroleum Resources, Timipre Sylva to work with his South African counterpart on the requests he brought and report back to him for his action.
The South African minister, who presented a letter from President Ramaphosa, said the relationship between Nigeria and his country was key to the development aspirations of the continent.
While emphasising that the two nations need to work as partners, Mantashe said “this relationship will determine the future of Africa.”
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
December 4, 2020.
More photos below.

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