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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OUR PRIMARY OBJECTIVES IS TO GET ALL THE SCHOOL HOSTAGES SAFE,ALIVE AND UNHARMED-PRESIDENT BUHARI.{PHOTOS}.#PRESSS RELEASE.

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We have the capacity to deploy massive force against the bandits in the villages where they operate, but our limitation is the fear of heavy casualties of innocent villagers and hostages who might be used as human shields by the bandits.
A hostage crisis is a complex situation that requires maximum patience in order to protect the victims from physical harm or even brutal death at the hands of their captors.
Let bandits, kidnappers and terrorists not entertain any illusions that they are more powerful than the government. They shouldn't mistake our restraint for the humanitarian goals of protecting innocent lives as a weakness or a sign of fear or irresolution.
Let me say this again: We will not succumb to blackmail by bandits and criminals who target innocent school students in the expectation of huge ransom payments.
State Governments must also review their policy of rewarding bandits with money and vehicles. Such a policy has the potential to backfire with disastrous consequences. States and Local Governments must also play their part by being proactive in improving security in and around schools.

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