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

PINNICKS’S POSITION IN FIFA COUNCIL BENEFICIAL FOR FOOTBALL DEVELOPMENT IN NIGERIA, SAYS PRESIDENT BUHARI.{PHOTOS}.#PRESS RELEASE.

 

President Muhamamdu Buhari Friday in Abuja expressed optimism that the membership of the Nigeria Football Federation (NFF) President Amaju Pinnick into the FIFA Council ‘‘will provide benefits that will lead to the advancement of football in Africa and Nigeria.’’
In an audience with the Minister of Youth and Sports Development, Mr Sunday Dare and Pinnick, the President, once again, congratulated the NFF boss on his election victory into the strategic body that sets the vision for global football, assuring him of Nigeria’s support in his new position.
‘‘The position on the Council of the world’s football governing body, FIFA, comes at a time when Nigeria is determined to turn the fortunes of her sports development around through better infrastructure, more investment both public and private government incentives.
‘Without prejudice to the continental nature of your assignment at the Council, I urge you to use your position to ensure Nigeria’s sporting image receives a boost.
‘‘I know this position will assist Nigeria get technical and financial support from FIFA; and your position should create a platform for other Nigerians to enter into the FIFA family and other international Sports Federations,’’ he said.
Emphasising his belief in the potential of sports to promote peace, unity, enhance good health and stimulate the economy, President Buhari said ‘‘one of the greatest sports is football and Nigeria is a great football nation. I am myself a keen follower of football.’’
On his vision for Nigerian football, the President told the Minister and the NFF President:
‘‘I want to see Nigeria’s football develop and move in a more dynamic trajectory from football administration to youth and grassroots football, talent hunt and use of Nigeria’s home based talents.
‘‘Nigeria also needs a more privatized and better organised football regime that can rival others in Europe and America.’’
The President, therefore, urged the NFF to work with the Sport ministry and football stakeholders to provide Nigeria with a 10-year Football Master Plan that will ensure youth football development, in line with FIFA’s commitment.

Urging corporate organisations to invest in sports development, the President pledged his administration’s commitment to turn sports into business, adding that the expected reviewed Sport Industry Policy ‘‘will be the catalyst that turns football activities associated with it into key contributors to the national economy.’’
In his remarks, Dare thanked the President for his support for sports development in the country, and for approving the reclassification of sports as business, instead of mere recreation.
He promised that a new draft policy on the sports industry was almost ready, as well as a 10-year master plan for football at all levels.
The new FIFA Council member, Pinnick, equally lauded President Buhari for his support for football, saying: ‘‘Without you, I couldn’t have won election into FIFA Council. Your name is highly respected across the continent.’’
Pinnick pledged to be a worthy Ambassador of the country, adding ‘‘I will use the office to build Nigerian football, in conjunction with the Ministry of Youth and Sports Development.’’
Femi Adesina
Special Adviser to the President
(Media & Publicity)
June 4, 2021.
More photos below.

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