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 CONDOLES WITH FAMILY OF FORMER MINISTER, SEN. JUBRIL MARTINS-KUYE.{PHOTO}.#PRESS RELEASE.

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President Muhammadu Buhari commiserates with family, friends and associates of former Minister of Commerce and Industry, Sen. Jubril Martins-Kuye, praying that the almighty God will comfort them at moment of grief.
President Buhari condoles with Ago Iwoye community, government and people of Ogun State over the passing of the legislator in the Third Republic, who served in the Fourth Republic as Minister of State, Finance, and Minister of Commerce and Industry, bringing with him many years of experience from the banking sector.
The President believes Martins-Kuye will be sorely missed for his insight on issues of development, particularly in tailoring budgets that reflect needs of the people, with his emphasis on full implementation.
President Buhari prays that the soul of the former minister will rest in peace.
Femi Adesina
Special Adviser to the President
(Media & Publicity)
January 17, 2021.

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