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

EID EL KABIR: PRESIDENT BUHARI EXTOLS THE SACRIFICES OF NIGERIANS, URGES PATIENCE AS GOVERNMENT ADDRESSES HARDSHIPS.{PHOTO}.#PRESS RELEASE

 

President Muhammadu Buhari sends  Eid greetings on the occasion of Eid El-Adha that is being celebrated across the world.

 

In his message marking the auspicious Muslim occasion, the President restates the determination of his administration to create a just, harmonious and prosperous country in which the safety of life and property is assured.

 

Reflecting on current challenges facing the country, the President states that "COVID-19 pandemic has taken a heavy toll on the economies of all countries, including Nigeria, in addition to the fact that floods have caused large scale destruction to agricultural farmlands, thereby impacting negatively on our efforts to boost local production in line with our policy to drastically reduce food importation."

 

This, he explains, has led to food inflation which the government is working hard to address.

 

According to President Buhari, "no government in our recent history has invested as heavily as we are doing to promote local production of about 20 other commodities, through the provision of loans and several other forms of support to our farmers."

 

He says, "apart from the  destruction caused to rice farms by floods, middlemen have also taken advantage of the local rice production to exploit fellow Nigerians, thereby undermining our goal of supporting local food production at affordable prices."

 

"As an elected president who enjoys the goodwill of the ordinary people that gave us their mandate, let me assure you that we are continuing with measures to bring relief to Nigerians, including making fertilizer available at affordable prices to our farmers," he tells Nigerians.

 

The President also notes that the current insecurity in the country "has produced severe and adverse effects on agriculture because farmers are prevented from accessing their farms by bandits and terrorists.”

 

"Let me also use this opportunity to reassure Nigerians that we are taking measures to address our security challenges. We have started taking delivery of fighter aircraft and other necessary military equipment and hardware to improve the capacity of our security forces to confront terrorism and banditry,” he adds.

 

Speaking on the significance of the Eid El-Kabir celebration, the President appeals to Muslims "to demonstrate the good virtues of Islam through personal examples and practices:

 

“Taking advantage of the celebration to exploit fellow citizens through outrageous prices of food and rams is inconsistent with fine virtues of Islam.

 

"As practising believers, we shouldn't seek obscene profits by making life difficult and miserable for others. We should not seek happiness at the expense of others. Remember that Islam is a religion of charity that urges us to love our neighbour as we love ourselves.

 

"I urge all Muslims to continue to live in peace and harmony with their fellow Nigerians of other faiths in the spirit of peaceful coexistence. Let us pray for the progress of Nigeria at all times. Let us expose undesirable elements among us who are creating security problems for the country."

 

Garba Shehu

(Senior Special Assistant to the President)

(Media & Publicity)

July 19, 2021

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