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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“IMO STATE IS READY TO RECEIVE WORLDBANK POST COVID-19 FUNDS” .{PHOTOS}.#PRESS RELEASE

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- Nigerian CARES Director tells Governor Uzodimma.
The Imo State Governor, Senator Hope Uzodimma has continued to attract Stimulants from International Organizations and agencies as he has made Imo State ready and worthy of funds to cushion the effect of Covid-19 Pandemic.
His Excellency, Distinguished Senator Hope Uzodimma received in the Government house the delegates of the Nigerian CARES, led by Dr. Raphael Obi.
Dr. Raphael Obi in his presentation commended Governor Hope Uzodimma for getting Imo State set to receive the post COVID-19 World Bank funds for small scale businesses in the state .
He stated that this stimulants will help cushion the effects of the COVID-19 pandemic in the State.
He also noted the states preparedness and ability to meet most of the criteria set for the stimulus to get to the state even as he expresses hope that the remaining will be met.
Doctor Obi did not fail to use the opportunity to commend the Governor for ensuring that the state was safe in sharp contrast to some of the news out there about the security situation in Imo state.
Governor Uzodimma in his response, appreciated the delegates for their honest assessment of the state.
The Governor disclosed that contrary to the past when funds such as this are dispensed arbitrarily the state has a bureau set up by legislation to oversight funds from donors, and international interventions for the people to benefit maximally.

He further emphasized that the bureau will be receiving the finances, having oversight on the management of the funds making sure that funds will be prudently and transparently spent and most importantly, ensuring that the funds get to the people they are meant for.More photos below.

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